Expensive
Affordable
Affordable
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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 $165,760, lower than the Nebraska average of $252,353.
The average cost of rent is $800/mo in Elba, primarily driven by the current value of real estate in the Elba area. In Elba, 22.92% of households rent, and 57.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elba is $5,721 per month. Households that rent pay about 13.99% of their income on rent here. Elba’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cotesfield, NE: equally priced homes
- Farwell, NE: equally priced homes
- St. Paul, NE: higher priced homes
- Ashton, NE: equally priced homes
- Dannebrog, NE: equally priced homes
- Cushing, NE: higher priced homes
- Wolbach, NE: equally priced homes
- Boelus, NE: equally priced homes
- Nysted, NE: equally priced homes
- Scotia, NE: less expensive homes
Cities with Similar Populations
- Woodruff, MO: higher priced homes
- Protem, MO: higher priced homes
- Prescott, OR: higher priced homes
- Poynor, MO: less expensive homes
- Popes Creek, MD: higher priced homes
- Pleasant Prairie, IA: higher priced homes
- Carlisle Springs, PA: higher priced homes
- Winstonville, MS: equally priced homes
- Witwen, WI: higher priced homes
- Wolf Creek, KY: higher priced homes
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