
Home Price Key
These days, finding an affordable place to live in the Gilman area can be challenging. Home prices in Gilman are now at a median cost of $274,341, higher than the Minnesota average of $269,934.
The average cost of rent is $761/mo in Gilman, primarily driven by the current value of real estate in the Gilman area. While nearly 44.86% of residents own their homes outright in Gilman, 11.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gilman is $7,351 per month. Households that rent pay about 10.35% of their income on rent here. Gilman's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
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