Home prices
Gadsden's median home cost is $86,200. Compared to the surrounding areas this is about $24,660 (22%) lower.Compared to the entire nation it is approximately $131,300 (60%) lower, and compared to the city of Memphis it is roughly $15,600 (15%) lower.
Rents
In Gadsden the median monthly rent is $768. This is approximately $52 (6%) lower in comparison to other places in this area.It is approximately $294 (27%) lower in comparison to the country as a whole, and in comparison to the city of Memphis it is about $133 (14%) lower.
Nearby places
Humboldt
Humboldt is approximately 5 miles northeast from Gadsden. The real estate prices there are a bit less expensive. The median home in Humboldt costs $81,900, which works out to $4,300 (5%) lower than Gadsden. Rent there is somewhat less expensive. In Humboldt the median monthly rent is $684, which works out to $84 (12%) lower than Gadsden.
Three Way
Three Way is about 6 miles east from Gadsden. Housing prices there are substantially more expensive. The median home in Three Way costs $159,600, which comes out to $73,400 (45%) higher than Gadsden. Its rents are somewhat more expensive. In Three Way the median rent is $1,086 per month, which works out to $318 (29%) higher than Gadsden.
Bells
Bells is about 6 miles southwest from Gadsden. Housing prices there are a little more expensive. The median home in Bells costs $104,700, which is $18,500 (17%) higher than Gadsden. Rents there are pretty similar. Bells's median rent is $804 per month, which comes out to $36 (4%) higher than Gadsden.
Alamo
Alamo is roughly 6 miles west of Gadsden. The housing prices there are a bit more expensive. The median home in Alamo is valued at $95,600, which is $9,400 (9%) higher than Gadsden. Its rents are somewhat less expensive. Alamo's median rent is $634 a month, which works out to $134 (21%) lower than Gadsden.
Gibson
Gibson is about 9 miles northeast of Gadsden. Real estate prices there are somewhat more expensive. The cost of the median home in Gibson is $112,500, which works out to $26,300 (23%) higher than Gadsden. Its rents are somewhat more expensive. The median rent in Gibson is $890 a month, which is $122 (13%) higher than Gadsden.
