Expensive
Affordable
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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 $701,528, lower than the California average of $812,006.
The average cost of rent is $1,244/mo in Elk, primarily driven by the current value of real estate in the Elk area. In Elk, 46.45% of households rent, and 62.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elk is $4,966 per month. Households that rent pay about 25.05% of their income on rent here. Elk’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Albion, CA: equally priced homes
- Little River, CA: equally priced homes
- Navarro, CA: higher priced homes
- Comptche, CA: equally priced homes
- Mendocino, CA: higher priced homes
- Philo, CA: higher priced homes
- Manchester, CA: equally priced homes
- Caspar, CA: less expensive homes
- Noyo, CA: less expensive homes
- Redwood Lodge, CA: less expensive homes
Cities with Similar Populations
- Deep Valley, WV: less expensive homes
- Chesterfield, IL: less expensive homes
- Chicota, TX: less expensive homes
- Clay, MS: less expensive homes
- Clemons, IA: less expensive homes
- Collinwood, VA: less expensive homes
- Coosawatchie, SC: less expensive homes
- Corwith, IA: less expensive homes
- Davenport, VA: less expensive homes
- Cherry Creek, SD: less expensive homes
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