
Home Price Key
These days, finding an affordable place to live in the Gorham area can be challenging. Home prices in Gorham are now at a median cost of $98,110, lower than the Illinois average of $242,002.
The average cost of rent is $601/mo in Gorham, primarily driven by the current value of real estate in the Gorham area. While nearly 63.12% of residents own their homes outright in Gorham, 15.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gorham is $5,213 per month. Households that rent pay about 11.54% of their income on rent here. Gorham's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Sand Ridge, IL: less expensive homes
- Neunert, IL: less expensive homes
- Oraville, IL: higher priced homes
- Jacob, IL: less expensive homes
- Glenn, IL: less expensive homes
- Grand Tower, IL: less expensive homes
- Murphysboro, IL: higher priced homes
- Wittenberg, MO: higher priced homes
- Mount Carbon, IL: higher priced homes
- Harrison, IL: higher priced homes
Cities with Similar Populations
- Union, CT: higher priced homes
- Covode, PA: higher priced homes
- Coy, AL: less expensive homes
- Crab Orchard, IL: higher priced homes
- Crackertown, FL: higher priced homes
- Whitcomb, WI: higher priced homes
- Dewar, IA: higher priced homes
- Doans, IN: equally priced homes
- Dover, MO: higher priced homes
- Waneta, KY: higher priced homes
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