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Affordable
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These days, finding an affordable place to live in the Elida area can be challenging. Home prices in Elida are now at a median cost of $194,576, lower than the Ohio average of $236,816.
The average cost of rent is $1,085/mo in Elida, primarily driven by the current value of real estate in the Elida area. In Elida, 22.27% of households rent, and 47.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elida is $6,480 per month. Households that rent pay about 16.75% of their income on rent here. Elida’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gomer, OH: higher priced homes
- Scotts Crossing, OH: equally priced homes
- Needmore, OH: equally priced homes
- Lima, OH: less expensive homes
- Kemp, OH: higher priced homes
- Rushmore, OH: higher priced homes
- Cairo, OH: less expensive homes
- Fort Shawnee, OH: less expensive homes
- Delphos, OH: less expensive homes
- Rimer, OH: less expensive homes
Cities with Similar Populations
- East Hampstead, NH: higher priced homes
- West Carthage, NY: equally priced homes
- DeBerry, TX: less expensive homes
- Clinton, KY: less expensive homes
- Marked Tree, AR: less expensive homes
- Ossineke, MI: less expensive homes
- Nicoma Park, OK: less expensive homes
- Newfields, NH: higher priced homes
- Mineral City, OH: equally priced homes
- Millville, UT: higher priced homes
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