Home Price Key
Affordable
Average
Expensive
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 $140,787, lower than the Ohio average of $181,280.
The average cost of rent is $715/mo in Elgin, primarily driven by the current value of real estate in the Elgin area. While nearly 50.05% of residents own their homes outright in Elgin, 8.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elgin is $5,538 per month. Households that rent pay about 12.91% of their income on rent here. Elgin's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Venedocia, OH: equally priced homes
- Monticello, OH: higher priced homes
- Mendon, OH: less expensive homes
- Landeck, OH: equally priced homes
- Mercer, OH: higher priced homes
- Spencerville, OH: higher priced homes
- Ohio City, OH: less expensive homes
- Dull, OH: less expensive homes
- Neptune, OH: higher priced homes
- Needmore, OH: higher priced homes
Cities with Similar Populations
- Danbury, NE: higher priced homes
- Dog Island Corner, ME: higher priced homes
- Disston, OR: higher priced homes
- Direct, TX: higher priced homes
- Dineharts, NY: less expensive homes
- West Springfield, NH: higher priced homes
- West Swanton, VT: higher priced homes
- West Vindex, MD: less expensive homes
- Dawes, WV: less expensive homes
- Double Bayou, TX: less expensive 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