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Affordable
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These days, finding an affordable place to live in the Gully area can be challenging. Home prices in Gully are now at a median cost of $211,670, lower than the Minnesota average of $345,793.
The average cost of rent is $879/mo in Gully, primarily driven by the current value of real estate in the Gully area. In Gully, 17.06% of households rent, and 56.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gully is $5,379 per month. Households that rent pay about 16.34% of their income on rent here. Gully’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gonvick, MN: equally priced homes
- Trail, MN: equally priced homes
- Olga, MN: equally priced homes
- Clearbrook, MN: less expensive homes
- Oklee, MN: less expensive homes
- Fosston, MN: less expensive homes
- Mcintosh, MN: less expensive homes
- Lengby, MN: higher priced homes
- Leonard, MN: higher priced homes
- Brooks, MN: less expensive homes
Cities with Similar Populations
- Waukenabo, MN: equally priced homes
- Cherokee Pass, MO: less expensive homes
- Cherryville, OR: higher priced homes
- Chester, NE: less expensive homes
- Chili, NM: higher priced homes
- Christy Manor, PA: less expensive homes
- Clear Creek, WV: less expensive homes
- Clemons, NY: less expensive homes
- Clinchport, VA: less expensive homes
- Walden, OR: higher priced homes
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