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Affordable
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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 $230,499, lower than the Indiana average of $232,932.
The average cost of rent is $838/mo in Elizabeth, primarily driven by the current value of real estate in the Elizabeth area. In Elizabeth, 16.36% of households rent, and 40.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elizabeth is $6,937 per month. Households that rent pay about 12.09% of their income on rent here. Elizabeth’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- New Middletown, IN: higher priced homes
- Laconia, IN: less expensive homes
- West Point, KY: less expensive homes
- Lanesville, IN: higher priced homes
- Shively, KY: less expensive homes
- Edwardsville, IN: higher priced homes
- Central, IN: equally priced homes
- Corydon, IN: higher priced homes
- Fairdale, KY: less expensive homes
- Crandall, IN: equally priced homes
Cities with Similar Populations
- Staatsburg, NY: higher priced homes
- Union Springs, AL: less expensive homes
- Unicoi, TN: higher priced homes
- Sugar Creek, MO: less expensive homes
- Turner, ME: higher priced homes
- Troutville, VA: higher priced homes
- West Pleasant View, CO: higher priced homes
- Travis Afb, CA: higher priced homes
- Stanton, TX: less expensive homes
- Trafalgar, IN: higher priced homes
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