Much like its nearby areas, it's a bit more expensive compared to the entire nation. Compared to the city of Chicago, it is close to average.
Home prices
Gilberts's median home cost is $261,300. In comparison to other places in this area this is roughly $8,820 (3%) higher.It is about $43,800 (20%) higher compared to the entire nation, and compared to the city of Chicago is approximately $3,300 (1%) higher.
Rents
The median rent in Gilberts is $2,045 a month. This is roughly $745 (57%) higher in comparison to the surrounding areas.Compared to the rest of the country it is roughly $983 (92%) higher, and compared to the city of Chicago is roughly $933 (83%) higher.
Nearby places
West Dundee
West Dundee is Gilberts's neighbor to the east. Housing prices there are pretty similar. The median home in West Dundee is valued at $264,800, which is $3,500 (1%) higher than Gilberts. Its rents are significantly less expensive. In West Dundee the median rent is $1,281 a month, which works out to $764 (59%) lower than Gilberts.
Sleepy Hollow
Sleepy Hollow is about 2 miles southeast from Gilberts. Its housing prices are a little more expensive. Sleepy Hollow's median home price is $305,500, which comes out to $44,200 (14%) higher than Gilberts. Rents there are a lot less expensive. The median monthly rent in Sleepy Hollow is $1,125, which comes out to $920 (81%) lower than Gilberts.
Pingree Grove
Pingree Grove is about 3 miles southwest from Gilberts. Its housing prices are fairly similar. The cost of the median home in Pingree Grove is $269,100, which is $7,800 (2%) higher than Gilberts. Rents there are a bit less expensive. In Pingree Grove the median monthly rent is $1,703, which works out to $342 (20%) lower than Gilberts.
Carpentersville
Carpentersville is about 3 miles east from Gilberts. Its real estate prices are substantially less expensive. Carpentersville's median home price is $171,600, which works out to $89,700 (52%) lower than Gilberts. Its rents are substantially less expensive. The median rent in Carpentersville is $1,161 per month, which comes out to $884 (76%) lower than Gilberts.
Huntley
Huntley is about 4 miles northwest from Gilberts. Its real estate prices are similar. The median home value in Huntley is $251,400, which works out to $9,900 (3%) lower than Gilberts. The rent there is a lot less expensive. The median monthly rent in Huntley is $1,231, which comes out to $814 (66%) lower than Gilberts.
