Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Elizabeth area can be challenging. Home prices in Elizabeth are now at a median cost of $650,886, higher than the Charlotte average of $392,082.
The average cost of rent is $1,710/mo in Elizabeth, primarily driven by the current value of real estate in the Elizabeth area. In Elizabeth, 62.09% of households rent, and 19.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elizabeth is $8,555 per month. Households that rent pay about 19.99% of their income on rent here. Elizabeth’s most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Plaza Midwood, Charlotte, NC: higher priced homes
- Briarcreek-Woodland, Charlotte, NC: less expensive homes
- Dilworth, Charlotte, NC: equally priced homes
- Wendover-Sedgewood, Charlotte, NC: higher priced homes
- Downtown Charlotte, Charlotte, NC: less expensive homes
- Fourth Ward, Charlotte, NC: less expensive homes
- Country Club Heights, Charlotte, NC: less expensive homes
- Myers Park, Charlotte, NC: higher priced homes
- Third Ward, Charlotte, NC: less expensive homes
- Cotswold, Charlotte, NC: higher priced homes
Neighborhoods with Similar Populations
- Sunnyside-Flagstaff, Flagstaff, AZ: less expensive homes
- Village Centre, Menomonee Falls, WI: less expensive homes
- Jahnke, Richmond, VA: less expensive homes
- Jefferson-Carl Ben, Fargo, ND: less expensive homes
- Kelsey City, Lake Park, FL: less expensive homes
- Turners, Dundalk, MD: less expensive homes
- Kenwood-Duluth, Duluth, MN: less expensive homes
- Larkfield-Wikiup, Santa Rosa, CA: higher priced homes
- Merry Oaks, Nashville, TN: less expensive homes
- Milan, New Orleans, LA: less expensive homes
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