
Expensive
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These days, finding an affordable place to live in the Elizabeth Park Valley area can be challenging. Home prices in Elizabeth Park Valley are now at a median cost of $142,975, lower than the Akron average of $230,305.
The average cost of rent is $1,022/mo in Elizabeth Park Valley, primarily driven by the current value of real estate in the Elizabeth Park Valley area. In Elizabeth Park Valley, 62.84% of households rent, and 41.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elizabeth Park Valley is $4,630 per month. Households that rent pay about 22.07% of their income on rent here. Elizabeth Park Valley’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- North Hill, Akron, OH: less expensive homes
- University of Ohio Akron, Akron, OH: less expensive homes
- Highland Square, Akron, OH: higher priced homes
- Downtown Akron, Akron, OH: less expensive homes
- Middlebury, Akron, OH: less expensive homes
- Chapel Hill, Akron, OH: less expensive homes
- West Akron, Akron, OH: less expensive homes
- Lane-Wooster, Akron, OH: less expensive homes
- Summit Lake, Akron, OH: less expensive homes
- South Akron, Akron, OH: less expensive homes
Neighborhoods with Similar Populations
- Downtown Rockford, Rockford, IL: equally priced homes
- Wilshire, San Antonio, TX: higher priced homes
- Castleton, Indianapolis, IN: higher priced homes
- Sherman, Madison, WI: higher priced homes
- Fairway Estates, Fort Collins, CO: higher priced homes
- Golden Gate, Stuart, FL: higher priced homes
- Austin Estates, Barberton, OH: higher priced homes
- Washington, Fargo, ND: higher priced homes
- Toluca Lake, North Hollywood, CA: higher priced homes
- Niles Junction, Fremont, CA: higher priced homes
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