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These days, finding an affordable place to live in the Elbe area can be challenging. Home prices in Elbe are now at a median cost of $357,244, lower than the Washington average of $621,115.
The average cost of rent is $975/mo in Elbe, primarily driven by the current value of real estate in the Elbe area. In Elbe, 16.84% of households rent, and 36.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elbe is $8,544 per month. Households that rent pay about 11.41% of their income on rent here. Elbe’s most expensive areas are in the southern 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
- Mineral, WA: higher priced homes
- Ashford, WA: equally priced homes
- National, WA: higher priced homes
- Eatonville, WA: higher priced homes
- Ohop, WA: higher priced homes
- Morton, WA: less expensive homes
- Kapowsin, WA: higher priced homes
- Glenoma, WA: less expensive homes
- Kosmos, WA: equally priced homes
- South Creek, WA: higher priced homes
Cities with Similar Populations
- Lomax, IL: less expensive homes
- Richmond Center, OH: less expensive homes
- Richland Springs, TX: less expensive homes
- Reyno, AR: less expensive homes
- Rest Haven, GA: higher priced homes
- Marbletown, NY: less expensive homes
- Marathon, TX: less expensive homes
- Mallie, KY: less expensive homes
- Mahon, IN: less expensive homes
- Maharishi Vedic City, IA: less expensive homes
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