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 $189,504, lower than the Oregon average of $365,363.
The average cost of rent is $874/mo in Elgin, primarily driven by the current value of real estate in the Elgin area. While nearly 50.50% of residents own their homes outright in Elgin, 18.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elgin is $4,165 per month. Households that rent pay about 20.99% of their income on rent here. Elgin's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Imbler, OR: higher priced homes
- Summerville, OR: higher priced homes
- Looking Glass, OR: higher priced homes
- Island City, OR: higher priced homes
- Cove, OR: higher priced homes
- Perry, OR: higher priced homes
- Wallowa, OR: higher priced homes
- La Grande, OR: higher priced homes
- Bingham Springs, OR: less expensive homes
- Gibbon, OR: higher priced homes
Cities with Similar Populations
- Bernardston, MA: higher priced homes
- Big Clifty, KY: less expensive homes
- Calais, ME: less expensive homes
- New Berlin, NY: less expensive homes
- Plandome Manor, NY: higher priced homes
- Pine Level, NC: less expensive homes
- Phillipsburg, MO: less expensive homes
- Peshastin, WA: higher priced homes
- Pandora, OH: less expensive homes
- Padgett, NC: equally priced homes
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