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These days, finding an affordable place to live in the Gilmore City area can be challenging. Home prices in Gilmore City are now at a median cost of $95,109, lower than the Iowa average of $226,062.
The average cost of rent is $678/mo in Gilmore City, primarily driven by the current value of real estate in the Gilmore City area. In Gilmore City, 21.21% of households rent, and 61.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gilmore City is $4,936 per month. Households that rent pay about 13.74% of their income on rent here. Gilmore City’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bradgate, IA: less expensive homes
- Pioneer, IA: higher priced homes
- Rutland, IA: less expensive homes
- Rolfe, IA: less expensive homes
- Palmer, IA: equally priced homes
- Clare, IA: higher priced homes
- Humboldt, IA: higher priced homes
- Dakota City, IA: higher priced homes
- Ottosen, IA: higher priced homes
- Pocahontas, IA: higher priced homes
Cities with Similar Populations
- Woodrow, MN: higher priced homes
- Branch, AR: higher priced homes
- Breda, IA: higher priced homes
- Wynona, OK: equally priced homes
- Wright, MN: higher priced homes
- Wren, OR: higher priced homes
- Bucksville, SC: higher priced homes
- Woxhall, PA: higher priced homes
- Worsham, VA: higher priced homes
- Worcester, VT: higher priced homes
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