
Affordable
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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 $220,855, lower than the Iowa average of $226,062.
The average cost of rent is $768/mo in Gray, primarily driven by the current value of real estate in the Gray area. In Gray, 17.86% of households rent, and 61.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gray is $7,269 per month. Households that rent pay about 10.57% of their income on rent here. Gray’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: less expensive homes
- Halbur, IA: less expensive homes
Cities with Similar Populations
- Swamp Run, WV: equally priced homes
- Cross Village, MI: higher priced homes
- Crowheart, WY: higher priced homes
- Cuba, KS: less expensive homes
- Custer, MT: higher priced homes
- Dagmar, MT: less expensive homes
- Dahlonega, IA: equally priced homes
- Daniel, GA: higher priced homes
- Darling, MS: less expensive homes
- Date, AZ: higher priced homes
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