Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gimlet area can be challenging. Home prices in Gimlet are now at a median cost of $70,202, lower than the Kentucky average of $164,895.
The average cost of rent is $899/mo in Gimlet, primarily driven by the current value of real estate in the Gimlet area. While nearly 75.91% of residents own their homes outright in Gimlet, 12.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gimlet is $3,351 per month. Households that rent pay about 26.83% of their income on rent here. Gimlet's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Stark, KY: less expensive homes
- Ibex, KY: higher priced homes
- Grahn, KY: higher priced homes
- Olive Hill, KY: equally priced homes
- Bruin, KY: higher priced homes
- Newfoundland, KY: less expensive homes
- Green, KY: higher priced homes
- Fultz, KY: higher priced homes
- Counts Crossroads, KY: higher priced homes
- Prater, KY: higher priced homes
Cities with Similar Populations
- Chenoa, KY: less expensive homes
- Wheelock, VT: higher priced homes
- Wheeler, OR: higher priced homes
- Wharton, WV: equally priced homes
- West Mills, ME: higher priced homes
- Clawson, UT: higher priced homes
- Clark, WY: higher priced homes
- Clallam Bay, WA: higher priced homes
- Christine, TX: higher priced homes
- Chipps, IL: higher priced homes
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