Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Gilead area can be challenging. Home prices in Mount Gilead are now at a median cost of $82,500, lower than the Tennessee average of $218,916.
The average cost of rent is $439/mo in Mount Gilead, primarily driven by the current value of real estate in the Mount Gilead area. While nearly 63.07% of residents own their homes outright in Mount Gilead, 13.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Gilead is $2,922 per month. Households that rent pay about 15.02% of their income on rent here. Mount Gilead's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Terry, TN: equally priced homes
- Hickory Flat, TN: higher priced homes
- Cedar Grove, TN: higher priced homes
- Law, TN: higher priced homes
- Parkers Crossroads, TN: higher priced homes
- Blue Goose, TN: higher priced homes
- Lavinia, TN: higher priced homes
- Spring Creek, TN: higher priced homes
- Wildersville, TN: higher priced homes
- Broadway, TN: higher priced homes
Cities with Similar Populations
- Laurelwood, OR: higher priced homes
- St. Marks, KS: higher priced homes
- St. Lewis, NC: higher priced homes
- St. Leo, MN: higher priced homes
- St. Lawrence, TX: higher priced homes
- Linden, NY: higher priced homes
- Lewis Store, TN: higher priced homes
- Lenox, AL: higher priced homes
- Leitchfield Crossing, KY: higher priced homes
- Lehman, PA: higher priced homes
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