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These days, finding an affordable place to live in the Elk City area can be challenging. Home prices in Elk City are now at a median cost of $390,473, lower than the Idaho average of $450,170.
The average cost of rent is $855/mo in Elk City, primarily driven by the current value of real estate in the Elk City area. In Elk City, 10.74% of households rent, and 59.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elk City is $4,647 per month. Households that rent pay about 18.40% of their income on rent here. Elk City’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Red River Hot Springs, ID: equally priced homes
- Fenn, ID: equally priced homes
- Lowell, ID: less expensive homes
- Syringa, ID: equally priced homes
- Stites, ID: less expensive homes
- Mount Idaho, ID: less expensive homes
- Golden, ID: less expensive homes
- Kooskia, ID: less expensive homes
- Grangeville, ID: less expensive homes
- Kamiah, ID: less expensive homes
Cities with Similar Populations
- Brimfield, IN: less expensive homes
- Riego, CA: higher priced homes
- West Alton, MO: less expensive homes
- Cary, MS: less expensive homes
- Robat, SC: less expensive homes
- Robertsville, CT: equally priced homes
- Roundhead, OH: less expensive homes
- Williamson, IL: less expensive homes
- Wimbledon, ND: less expensive homes
- Brinkhaven, OH: less expensive homes
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