The Most Affordable Neighborhoods in Gilroy, CA by Home Value

 

Gilroy, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gilroy area can be challenging. Home prices in Gilroy are now at a median cost of $803,643, higher than the California average of $648,235.

The average cost of rent is $2,161/mo in Gilroy, primarily driven by the current value of real estate in the Gilroy area. While nearly 25.81% of residents own their homes outright in Gilroy, 35.82% rent.

Housing affordability isn’t just about home prices, though. The average household income in Gilroy is $9,789 per month. Households that rent pay about 22.07% of their income on rent here. Gilroy's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.


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