Much like other places in this area, it is a bit less expensive compared to the entire nation. Compared to the city of Sacramento however, it's significantly less expensive.
Home prices
The price of the median home in Gridley is $190,500. In comparison to its surrounding areas it is is very similar.It is about $27,000 (12%) lower in comparison to the entire country, and compared to the city of Sacramento is about $146,400 (43%) lower.
Rents
Gridley's median rent is $795 a month. Compared to nearby areas this is roughly $187 (19%) lower.Compared to the entire nation it is approximately $267 (25%) lower, and is about $468 (37%) lower in comparison to the city of Sacramento.
Nearby places
Biggs
Biggs is roughly 3 miles north of Gridley. Housing prices there are somewhat more expensive. The cost of the median home in Biggs is $211,400, which works out to $20,900 (9%) higher than Gridley. The rent there is a little more expensive. Biggs's median monthly rent is $992, which works out to $197 (19%) higher than Gridley.
Live Oak
Live Oak is approximately 5 miles south from Gridley. Its real estate prices are a bit more expensive. The cost of the median home in Live Oak is $203,400, which comes out to $12,900 (6%) higher than Gridley. Its rents are a little more expensive. Live Oak's median rent is $927 per month, which works out to $132 (14%) higher than Gridley.
Palermo
Palermo is roughly 9 miles northeast from Gridley. Its housing prices are a bit more expensive. The median home value in Palermo is $215,300, which comes out to $24,800 (11%) higher than Gridley. Rent there is a little more expensive. Palermo's median rent is $885 a month, which is $90 (10%) higher than Gridley.
Thermalito
Thermalito is about 9 miles northeast of Gridley. Housing prices there are a bit less expensive. The cost of the median home in Thermalito is $163,700, which comes out to $26,800 (16%) lower than Gridley. Rent there is somewhat more expensive. In Thermalito the median monthly rent is $1,124, which comes out to $329 (29%) higher than Gridley.
South Oroville
South Oroville is roughly 10 miles northeast of Gridley. Real estate prices there are a bit less expensive. South Oroville's median home value is $154,600, which is $35,900 (23%) lower than Gridley. Its rents are somewhat more expensive. In South Oroville the median rent is $983 a month, which works out to $188 (19%) higher than Gridley.