Gilmore City renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Gilmore City is about $698 per month. This puts it in the 41st percentile compared to the state average cost of rent, which is $884. Households in Gilmore City have a median income of $4,660 per month so the average renter in Gilmore City is spending roughly 15% of their earnings on housing.
Nationally, and in Gilmore City, home values are the data point most closely correlated with the cost of rent. The median price of a home in Gilmore City is $83,765 right now, which is lower than nearby cities, meaning that rents in Gilmore City also tend to be lower versus these nearby cities.
Higher rent prices are common in the northwestern parts of Gilmore City while lower rent rates are often available in northeastern areas.
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