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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 $189,240, lower than the Kansas average of $243,949.
The average cost of rent is $700/mo in Elk City, primarily driven by the current value of real estate in the Elk City area. In Elk City, 16.62% of households rent, and 38.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elk City is $6,248 per month. Households that rent pay about 11.20% of their income on rent here. Elk City’s most expensive areas are in the central 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
- Oak Valley, KS: less expensive homes
- Lehunt, KS: higher priced homes
- Wayside, KS: less expensive homes
- Longton, KS: less expensive homes
- Independence, KS: less expensive homes
- Sycamore, KS: higher priced homes
- Fruitland, KS: less expensive homes
- Monett, KS: less expensive homes
- Grafton, KS: less expensive homes
- Jefferson, KS: less expensive homes
Cities with Similar Populations
- Oceanside, WA: higher priced homes
- Plum Orchard, WV: less expensive homes
- Platter, OK: less expensive homes
- Pipersville, WI: higher priced homes
- Pine Hill, KY: less expensive homes
- Patricksburg, IN: less expensive homes
- Paradise, MT: higher priced homes
- Oskar, MI: higher priced homes
- Osceola, WA: higher priced homes
- Opole, MN: higher priced homes
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