Home Price Key
Affordable
Average
Expensive
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 $160,502, lower than the Nebraska average of $188,542.
The average cost of rent is $761/mo in Elba, primarily driven by the current value of real estate in the Elba area. While nearly 43.67% of residents own their homes outright in Elba, 17.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elba is $4,677 per month. Households that rent pay about 16.27% of their income on rent here. Elba's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Cotesfield, NE: less expensive homes
- Farwell, NE: less expensive homes
- St. Paul, NE: equally priced homes
- Ashton, NE: less expensive homes
- Dannebrog, NE: less expensive homes
- Cushing, NE: higher priced homes
- Wolbach, NE: less expensive homes
- Boelus, NE: less expensive homes
- Nysted, NE: less expensive homes
- Scotia, NE: less expensive homes
Cities with Similar Populations
- Woodruff, MO: higher priced homes
- Protem, MO: less expensive 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: less expensive homes
- Witwen, WI: higher priced homes
- Wolf Creek, KY: less expensive homes
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