
Home Price Key
These days, finding an affordable place to live in the Elba area can be challenging. Home prices in Elba are now at a median cost of $202,536, higher than the Kentucky average of $164,895.
The average cost of rent is $949/mo in Elba, primarily driven by the current value of real estate in the Elba area. While nearly 44.65% of residents own their homes outright in Elba, 19.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elba is $7,474 per month. Households that rent pay about 12.70% of their income on rent here. Elba's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Maple Mount, KY: equally priced homes
- Cleopatra, KY: less expensive homes
- Beech Grove, KY: less expensive homes
- Wrightsburg, KY: less expensive homes
- Guffie, KY: less expensive homes
- Panther, KY: less expensive homes
- Dermont, KY: equally priced homes
- Comer, KY: less expensive homes
- Delaware, KY: less expensive homes
- Moseleyville, KY: less expensive homes
Cities with Similar Populations
- Tilford, KY: less expensive homes
- Huntley, PA: less expensive homes
- Topins Grove, WV: less expensive homes
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- Indian Beach, NC: higher priced homes
- Toimi, MN: equally priced homes
- Tocaloma, CA: higher priced homes
- Toad Hop, IN: less expensive homes
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