Home Price Key
Affordable
Average
Expensive
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 $259,173, lower than the Minnesota average of $269,934.
The average cost of rent is $909/mo in Elizabeth, primarily driven by the current value of real estate in the Elizabeth area. While nearly 39.20% of residents own their homes outright in Elizabeth, 11.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elizabeth is $7,433 per month. Households that rent pay about 12.23% of their income on rent here. Elizabeth's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Fergus Falls, MN: less expensive homes
- Erhard, MN: less expensive homes
- Phelps, MN: equally priced homes
- Underwood, MN: equally priced homes
- Foxhome, MN: less expensive homes
- Rothsay, MN: less expensive homes
- Pelican Rapids, MN: equally priced homes
- Dalton, MN: equally priced homes
- Everdell, MN: less expensive homes
- Richville, MN: equally priced homes
Cities with Similar Populations
- Ryanville, WV: less expensive homes
- Logan, NM: less expensive homes
- Madray Springs, GA: less expensive homes
- Mainesburg, PA: less expensive homes
- Malesus, TN: less expensive homes
- Richford, NY: less expensive homes
- Rockford, AL: less expensive homes
- Roff, OK: less expensive homes
- Rose Valley, PA: higher priced homes
- Round Lake, NY: higher priced homes
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