
Home Price Key
These days, finding an affordable place to live in the Elk area can be challenging. Home prices in Elk are now at a median cost of $616,129, lower than the California average of $648,235.
The average cost of rent is $1,124/mo in Elk, primarily driven by the current value of real estate in the Elk area. While nearly 62.38% of residents own their homes outright in Elk, 39.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elk is $4,289 per month. Households that rent pay about 26.20% of their income on rent here. Elk's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Albion, CA: equally priced homes
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- Mendocino, CA: equally priced homes
- Philo, CA: equally priced homes
- Manchester, CA: less expensive homes
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- Redwood Lodge, CA: less expensive homes
Cities with Similar Populations
- Deep Valley, WV: less expensive homes
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- Cherry Creek, SD: less expensive homes
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