Home prices
The median home in Gerber is valued at $122,800. Compared to the surrounding areas this is approximately $50,940 (29%) lower.In comparison to the United States as a whole it is about $94,700 (43%) lower, and in comparison to the city of Chico is roughly $204,900 (62%) lower.
Rents
Gerber's median monthly rent is $693. This is roughly $233 (25%) lower in comparison to the surrounding areas.In comparison to the United States as a whole it is about $369 (34%) lower, and is approximately $407 (37%) lower compared to the city of Chico.
Nearby places
Tehama
Tehama is approximately 2 miles south of Gerber. Real estate prices there are a bit more expensive. Tehama's median home price is $167,000, which works out to $44,200 (26%) higher than Gerber. Rents there are somewhat more expensive. Tehama's median rent is $794 per month, which comes out to $101 (12%) higher than Gerber.
Los Molinos
Los Molinos is approximately 3 miles southeast of Gerber. Real estate prices there are somewhat more expensive. Los Molinos's median home price is $154,700, which works out to $31,900 (20%) higher than Gerber. Its rents are a lot more expensive. Los Molinos's median rent is $1,061 per month, which is $368 (34%) higher than Gerber.
Richfield
Richfield is roughly 6 miles south of Gerber. Housing prices there are a lot more expensive. The median home in Richfield is valued at $205,000, which comes out to $82,200 (40%) higher than Gerber. Rent there is significantly more expensive. The median rent in Richfield is $1,075 a month, which is $382 (35%) higher than Gerber.
Red Bluff
Red Bluff is about 8 miles northwest from Gerber. Its housing prices are a bit more expensive. The median home cost in Red Bluff is $174,300, which is $51,500 (29%) higher than Gerber. Rents there are a bit more expensive. The median monthly rent in Red Bluff is $867, which comes out to $174 (20%) higher than Gerber.
Corning
Corning is approximately 9 miles south from Gerber. The real estate prices there are a bit more expensive. The median home in Corning is valued at $167,700, which is $44,900 (26%) higher than Gerber. The rent there is a little more expensive. The median monthly rent in Corning is $832, which works out to $139 (16%) higher than Gerber.