Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elberta area can be challenging. Home prices in Elberta are now at a median cost of $215,545, higher than the Michigan average of $196,062.
The average cost of rent is $859/mo in Elberta, primarily driven by the current value of real estate in the Elberta area. While nearly 31.35% of residents own their homes outright in Elberta, 4.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elberta is $4,948 per month. Households that rent pay about 17.37% of their income on rent here. Elberta's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Frankfort, MI: higher priced homes
- Watervale, MI: equally priced homes
- Benzonia, MI: less expensive homes
- Arcadia, MI: less expensive homes
- Beulah, MI: equally priced homes
- Honor, MI: higher priced homes
- Pierport, MI: equally priced homes
- Bear Lake, MI: less expensive homes
- Thompsonville, MI: less expensive homes
- Wallin, MI: less expensive homes
Cities with Similar Populations
- Bud, WV: less expensive homes
- Rockbridge, IL: less expensive homes
- Carthage, KY: higher priced homes
- Rockhill, PA: less expensive homes
- Caret, VA: less expensive homes
- Sawyer, MN: equally priced homes
- Sauney Stand, TX: higher priced homes
- Canyon Creek, MT: higher priced homes
- Rolling Hills, IN: higher priced homes
- Caliente, CA: equally priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood