
Home Price Key
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 $259,598, lower than the Idaho average of $281,471.
The average cost of rent is $494/mo in Elk City, primarily driven by the current value of real estate in the Elk City area. While nearly 59.02% of residents own their homes outright in Elk City, 17.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elk City is $3,311 per month. Households that rent pay about 14.93% of their income on rent here. Elk City's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Red River Hot Springs, ID: equally priced homes
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- Mount Idaho, ID: equally priced homes
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Cities with Similar Populations
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All Local Stats
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