Home prices
The median home in Gering costs $138,200. It is roughly $50,160 (56%) higher in comparison to the surrounding areas.In comparison to the rest of the nation it is approximately $79,300 (36%) lower, and in comparison to the city of Cheyenne it is approximately $76,100 (35%) lower.
Rents
In Gering the median monthly rent is $833. This is about $121 (16%) higher in comparison to its nearby areas.It is about $229 (21%) lower in comparison to the United States as a whole, and is approximately $82 (8%) lower in comparison to the city of Cheyenne.
Nearby places
Terrytown
Terrytown is Gering's neighbor to the north. Real estate prices there are significantly less expensive. The median home price in Terrytown is $79,800, which works out to $58,400 (73%) lower than Gering. Rent there is a little less expensive. Terrytown's median rent is $642 per month, which is $191 (29%) lower than Gering.
Scottsbluff
Scottsbluff is Gering's neighbor to the north. Its housing prices are a bit less expensive. The value of the median home in Scottsbluff is $116,600, which works out to $21,600 (18%) lower than Gering. Its rents are somewhat less expensive. Scottsbluff's median rent is $778 a month, which comes out to $55 (7%) lower than Gering.
Melbeta
Melbeta is roughly 7 miles southeast of Gering. The real estate prices there are a lot less expensive. The median home cost in Melbeta is $88,800, which comes out to $49,400 (55%) lower than Gering. Rents there are a little less expensive. The median rent in Melbeta is $700 per month, which is $133 (18%) lower than Gering.
Minatare
Minatare is roughly 7 miles east from Gering. The housing prices there are significantly less expensive. Minatare's median home cost is $60,100, which works out to $78,100 (129%) lower than Gering. Its rents are a lot less expensive. In Minatare the median monthly rent is $625, which comes out to $208 (33%) lower than Gering.
Mitchell
Mitchell is approximately 9 miles northwest of Gering. The real estate prices there are significantly less expensive. The median home in Mitchell costs $94,900, which is $43,300 (45%) lower than Gering. Rents there are fairly similar. In Mitchell the median monthly rent is $816, which works out to $17 (2%) lower than Gering.
