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 $123,684, lower than the Pennsylvania average of $222,630.
The average cost of rent is $768/mo in Elgin, primarily driven by the current value of real estate in the Elgin area. While nearly 54.23% of residents own their homes outright in Elgin, 24.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elgin is $4,806 per month. Households that rent pay about 15.99% of their income on rent here. Elgin's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Le Boeuf Gardens, PA: higher priced homes
- Waterford, PA: higher priced homes
- New Ireland, PA: higher priced homes
- Union City, PA: equally priced homes
- Mill Village, PA: higher priced homes
- Phillipsville, PA: higher priced homes
- Canadohta Lake, PA: less expensive homes
- McLane, PA: higher priced homes
- Wattsburg, PA: higher priced homes
- Hammett, PA: higher priced homes
Cities with Similar Populations
- Wetona, PA: higher priced homes
- Canadohta Lake, PA: less expensive homes
- Williamsburg, WV: less expensive homes
- Canyon, MN: higher priced homes
- Caprivi, PA: higher priced homes
- Carbondale, OH: higher priced homes
- Williams Junction, AR: higher priced homes
- Whitten, IA: less expensive homes
- Whitson, TX: equally priced homes
- Campton Lower Village, NH: higher priced homes
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