Expensive
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 $149,130, lower than the New York average of $610,895.
The average cost of rent is $981/mo in Elba, primarily driven by the current value of real estate in the Elba area. In Elba, 13.99% of households rent, and 35.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elba is $8,244 per month. Households that rent pay about 11.90% of their income on rent here. Elba’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Daws, NY: equally priced homes
- Pumpkin Hill, NY: higher priced homes
- Byron, NY: higher priced homes
- Oakfield, NY: higher priced homes
- Alabama, NY: higher priced homes
- West Barre, NY: equally priced homes
- Batavia, NY: equally priced homes
- Honest Hill, NY: higher priced homes
- South Byron, NY: higher priced homes
- Barre Center, NY: less expensive homes
Cities with Similar Populations
- Bearden, AR: less expensive homes
- Beverly, OH: higher priced homes
- Cameron, SC: higher priced homes
- Cedarville, NJ: higher priced homes
- Drasco, AR: equally priced homes
- Wilton, WI: higher priced homes
- Cut and Shoot, TX: higher priced homes
- Port Dickinson, NY: less expensive homes
- St. Regis Park, KY: higher priced homes
- South Carthage, TN: higher priced homes
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