Home prices
The cost of the median home in Gates Mills is $505,100. It is approximately $43,720 (9%) higher in comparison to other places in this area.It is roughly $287,600 (132%) higher in comparison to the rest of the country, and in comparison to the city of Cleveland is roughly $435,500 (625%) higher.
Rents
In Gates Mills the median rent is $1,571 a month. This is about $483 (44%) higher compared to its nearby areas.It is approximately $509 (47%) higher compared to the entire country, and it is approximately $852 (118%) higher in comparison to the city of Cleveland.
Nearby places
Mayfield
Mayfield is Gates Mills's neighbor to the northwest. Its real estate prices are significantly less expensive. Mayfield's median home value is $234,000, which works out to $271,100 (115%) lower than Gates Mills. The rent there is substantially less expensive. In Mayfield the median rent is $1,166 a month, which works out to $405 (34%) lower than Gates Mills.
Mayfield Heights
Mayfield Heights is Gates Mills's neighbor to the southwest. The real estate prices there are a lot less expensive. The median home in Mayfield Heights is valued at $145,400, which works out to $359,700 (247%) lower than Gates Mills. The rent there is significantly less expensive. In Mayfield Heights the median rent is $927 per month, which is $644 (69%) lower than Gates Mills.
Hunting Valley
Hunting Valley is Gates Mills's neighbor to the south. Its housing prices are a lot more expensive. The median home price in Hunting Valley is $1,529,200, which is $1,024,100 (66%) higher than Gates Mills. Rent there is significantly less expensive. The median monthly rent in Hunting Valley is $1,167, which is $404 (34%) lower than Gates Mills.
Willoughby Hills
Willoughby Hills is Gates Mills's neighbor to the north. Its real estate prices are a lot less expensive. The median home in Willoughby Hills costs $254,700, which comes out to $250,400 (98%) lower than Gates Mills. The rent there is a lot less expensive. In Willoughby Hills the median rent is $925 per month, which is $646 (69%) lower than Gates Mills.
Lyndhurst
Lyndhurst is roughly 3 miles west from Gates Mills. Its housing prices are a lot less expensive. The median home cost in Lyndhurst is $143,600, which is $361,500 (251%) lower than Gates Mills. Rent there is a bit less expensive. The median rent in Lyndhurst is $1,257 per month, which is $314 (24%) lower than Gates Mills.
