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Affordable
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These days, finding an affordable place to live in the Elk Creek area can be challenging. Home prices in Elk Creek are now at a median cost of $474,656, lower than the California average of $812,006.
The average cost of rent is $1,471/mo in Elk Creek, primarily driven by the current value of real estate in the Elk Creek area. In Elk Creek, 38.95% of households rent, and 65.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elk Creek is $5,301 per month. Households that rent pay about 27.74% of their income on rent here. Elk Creek’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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