Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elbert area can be challenging. Home prices in Elbert are now at a median cost of $87,356, lower than the Texas average of $235,268.
The average cost of rent is $624/mo in Elbert, primarily driven by the current value of real estate in the Elbert area. While nearly 78.86% of residents own their homes outright in Elbert, 24.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elbert is $4,908 per month. Households that rent pay about 12.72% of their income on rent here. Elbert's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Padgett, TX: less expensive homes
- Proffit, TX: less expensive homes
- Throckmorton, TX: less expensive homes
- Olney, TX: equally priced homes
- Newcastle, TX: higher priced homes
- Loving, TX: higher priced homes
- Markley, TX: higher priced homes
- Bryson, TX: higher priced homes
- Jermyn, TX: higher priced homes
- Weinert, TX: less expensive homes
Cities with Similar Populations
- Ella, WI: higher priced homes
- Etna, GA: higher priced homes
- Ether, NC: higher priced homes
- Estella, PA: higher priced homes
- Escudilla Bonita, NM: higher priced homes
- Erbie, AR: higher priced homes
- Epworth, IL: equally priced homes
- West Franklin, IN: higher priced homes
- West Gilgo Beach, NY: higher priced homes
- West Laurens, NY: higher priced homes
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