
Home Price Key
These days, finding an affordable place to live in the Elaine area can be challenging. Home prices in Elaine are now at a median cost of $52,845, lower than the Arkansas average of $160,541.
The average cost of rent is $353/mo in Elaine, primarily driven by the current value of real estate in the Elaine area. While nearly 75.87% of residents own their homes outright in Elaine, 37.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elaine is $3,198 per month. Households that rent pay about 11.02% of their income on rent here. Elaine's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Modoc, AR: less expensive homes
- Lambrook, AR: less expensive homes
- Lake View, AR: less expensive homes
- Oneida, AR: less expensive homes
- Farrell, MS: higher priced homes
- Watkins Corner, AR: higher priced homes
- Friars Point, MS: higher priced homes
- Cypert, AR: higher priced homes
- Turner, AR: higher priced homes
- St. Charles, AR: higher priced homes
Cities with Similar Populations
- Ages-Brookside, KY: higher priced homes
- Altura, MN: higher priced homes
- Volin, SD: higher priced homes
- Workman, SC: higher priced homes
- Worden, KS: higher priced homes
- Artie, WV: higher priced homes
- Wind Ridge, PA: higher priced homes
- Okolona, AR: higher priced homes
- Pembina, ND: higher priced homes
- Olanta, PA: higher priced homes
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