Similar to its nearby areas, it is a bit less expensive compared to the country as a whole. Compared to the city of Minneapolis however, it's significantly less expensive.
Home prices
The median home in Gilman is valued at $161,500. In comparison to its nearby areas this is roughly $1,640 (1%) higher.It is roughly $56,000 (25%) lower in comparison to the US as a whole, and is approximately $90,100 (35%) lower compared to the city of Minneapolis.
Rents
Gilman's median monthly rent is $754. In comparison to nearby areas it is about $36 (5%) higher.In comparison to the country as a whole it is about $308 (29%) lower, and in comparison to the city of Minneapolis is roughly $273 (26%) lower.
Nearby places
Foley
Foley is approximately 4 miles south from Gilman. Real estate prices there are a bit less expensive. The median home cost in Foley is $153,000, which comes out to $8,500 (5%) lower than Gilman. Its rents are somewhat less expensive. Foley's median monthly rent is $602, which works out to $152 (25%) lower than Gilman.
Foreston
Foreston is approximately 9 miles east of Gilman. Real estate prices there are a little less expensive. The median home in Foreston costs $149,400, which works out to $12,100 (8%) lower than Gilman. Rents there are somewhat more expensive. Foreston's median rent is $795 a month, which is $41 (5%) higher than Gilman.
Rice
Rice is roughly 11 miles west of Gilman. The real estate prices there are pretty similar. The price of the median home in Rice is $167,800, which is $6,300 (3%) higher than Gilman. The rent there is a little less expensive. The median rent in Rice is $671 per month, which is $83 (12%) lower than Gilman.
Buckman
Buckman is about 11 miles northwest of Gilman. Real estate prices there are similar. The value of the median home in Buckman is $159,100, which comes out to $2,400 (1%) lower than Gilman. Rents there are fairly similar. In Buckman the median monthly rent is $775, which works out to $21 (2%) higher than Gilman.
Sauk Rapids
Sauk Rapids is roughly 11 miles southwest of Gilman. The real estate prices there are similar. The value of the median home in Sauk Rapids is $170,000, which works out to $8,500 (5%) higher than Gilman. Rents there are fairly similar. In Sauk Rapids the median monthly rent is $746, which is $8 (1%) lower than Gilman.
