Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Elgin area can be challenging. Home prices in Elgin are now at a median cost of $114,861, lower than the Nebraska average of $252,353.
The average cost of rent is $624/mo in Elgin, primarily driven by the current value of real estate in the Elgin area. In Elgin, 21.24% of households rent, and 69.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elgin is $6,312 per month. Households that rent pay about 9.88% of their income on rent here. Elgin’s most expensive areas are in the central 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
- Raeville, NE: higher priced homes
- Oakdale, NE: equally priced homes
- Petersburg, NE: higher priced homes
- Neligh, NE: higher priced homes
- Knievels Corner, NE: equally priced homes
- Clearwater, NE: equally priced homes
- Tilden, NE: higher priced homes
- Loretto, NE: higher priced homes
- Meadow Grove, NE: higher priced homes
- Albion, NE: higher priced homes
Cities with Similar Populations
- Rocky Hill, KY: higher priced homes
- Noxon, MT: higher priced homes
- Oaklawn, LA: higher priced homes
- Odom, TX: higher priced homes
- Our Town, AL: higher priced homes
- Pall Mall, TN: higher priced homes
- Pioneer, LA: equally priced homes
- Prairie, WA: higher priced homes
- Provencal, LA: higher priced homes
- Richville, MN: higher priced homes
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