Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown Elyria area can be challenging. Home prices in Downtown Elyria are now at a median cost of $79,327, lower than the Elyria average of $111,841.
The average cost of rent is $721/mo in Downtown Elyria, primarily driven by the current value of real estate in the Downtown Elyria area. While nearly 47.70% of residents own their homes outright in Downtown Elyria, 60.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Elyria is $3,204 per month. Households that rent pay about 22.49% of their income on rent here. Downtown Elyria's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- South Lorain, Lorain, OH: equally priced homes
- Downtown Lorain, Lorain, OH: equally priced homes
- Kamms Corner, Cleveland, OH: higher priced homes
- Puritas Longmead, Cleveland, OH: equally priced homes
- Jefferson, Cleveland, OH: equally priced homes
- Madison Village, Lakewood, OH: higher priced homes
- West Boulevard, Cleveland, OH: equally priced homes
- Polish Village, Parma, OH: higher priced homes
- Cudell, Cleveland, OH: less expensive homes
- Edgewater, Cleveland, OH: higher priced homes
Neighborhoods with Similar Populations
- Hohokam Village, Mesa, AZ: higher priced homes
- West End, Concord, NH: higher priced homes
- Wyatt Street, Largo, FL: less expensive homes
- Barths, Wheat Ridge, CO: higher priced homes
- West Gate, Austin, TX: higher priced homes
- Stoneybrook West, Winter Garden, FL: higher priced homes
- Sunset, Pueblo, CO: higher priced homes
- Sugar Pond Manor of Wellington, Wellington, FL: higher priced homes
- Keene Valley, Richland, WA: higher priced homes
- Kendall, San Bernardino, CA: higher priced homes
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