Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gray area can be challenging. Home prices in Gray are now at a median cost of $170,722, lower than the Iowa average of $182,666.
The average cost of rent is $562/mo in Gray, primarily driven by the current value of real estate in the Gray area. While nearly 70.07% of residents own their homes outright in Gray, 24.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gray is $6,034 per month. Households that rent pay about 9.31% of their income on rent here. Gray's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Ross, IA: equally priced homes
- Manning, IA: less expensive homes
- Templeton, IA: equally priced homes
- Fiscus, IA: equally priced homes
- Audubon, IA: less expensive homes
- Aspinwall, IA: equally priced homes
- Dedham, IA: less expensive homes
- Sharon, IA: less expensive homes
- Red Line, IA: equally priced homes
- Halbur, IA: less expensive homes
Cities with Similar Populations
- Swamp Run, WV: equally priced homes
- Cross Village, MI: higher priced homes
- Crowheart, WY: equally priced homes
- Cuba, KS: less expensive homes
- Custer, MT: higher priced homes
- Dagmar, MT: less expensive homes
- Dahlonega, IA: higher priced homes
- Daniel, GA: equally priced homes
- Darling, MS: less expensive homes
- Date, AZ: higher priced homes
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