Home Price Key
Affordable
Average
Expensive
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 $208,600, lower than the North Dakota average of $223,566.
The average cost of rent is $708/mo in Gorham, primarily driven by the current value of real estate in the Gorham area. While nearly 73.44% of residents own their homes outright in Gorham, 20.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gorham is $5,948 per month. Households that rent pay about 11.90% of their income on rent here. Gorham's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Fairfield, ND: equally priced homes
- Fryburg, ND: less expensive homes
- Medora, ND: equally priced homes
- Belfield, ND: higher priced homes
- Grassy Butte, ND: higher priced homes
- New Hradec, ND: higher priced homes
- South Heart, ND: higher priced homes
- Sentinel Butte, ND: less expensive homes
- Manning, ND: higher priced homes
- Dickinson, ND: higher priced homes
Cities with Similar Populations
- Winfield, AR: less expensive homes
- Wilmore, KS: less expensive homes
- Espanola, FL: less expensive homes
- Erwin, AR: less expensive homes
- Erin Springs, OK: less expensive homes
- Wilmore, WV: less expensive homes
- Enterline, PA: equally priced homes
- Enos, IL: equally priced homes
- Enola, NC: less expensive homes
- Windham, VT: higher priced homes
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