Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gorum area can be challenging. Home prices in Gorum are now at a median cost of $91,606, lower than the Louisiana average of $194,522.
The average cost of rent is $745/mo in Gorum, primarily driven by the current value of real estate in the Gorum area. While nearly 82.36% of residents own their homes outright in Gorum, 13.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gorum is $3,894 per month. Households that rent pay about 19.12% of their income on rent here. Gorum's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Galbraith, LA: higher priced homes
- Chopin, LA: higher priced homes
- Marco, LA: higher priced homes
- Cloutierville, LA: higher priced homes
- Janie, LA: higher priced homes
- McNeely, LA: higher priced homes
- Montgomery, LA: equally priced homes
- Derry, LA: higher priced homes
- Melrose, LA: higher priced homes
- Colfax, LA: equally priced homes
Cities with Similar Populations
- East Danville, OH: higher priced homes
- Era, OH: higher priced homes
- Englewood, MO: higher priced homes
- Energy, PA: higher priced homes
- Encino, TX: less expensive homes
- Emblem, TX: higher priced homes
- Elwood, NJ: higher priced homes
- Edith, TN: higher priced homes
- Eastern, WV: higher priced homes
- East Sutton, NH: higher priced homes
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