Home Price Key
Affordable
Average
Expensive
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 $128,986, lower than the Virginia average of $323,261.
The average cost of rent is $522/mo in Elk Creek, primarily driven by the current value of real estate in the Elk Creek area. While nearly 66.18% of residents own their homes outright in Elk Creek, 15.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elk Creek is $3,062 per month. Households that rent pay about 17.05% of their income on rent here. Elk Creek's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Lower Elk Creek, VA: equally priced homes
- Turkey Fork, VA: higher priced homes
- Volney, VA: equally priced homes
- Speedwell, VA: equally priced homes
- Spring Valley, VA: equally priced homes
- Independence, VA: less expensive homes
- Carsonville, VA: equally priced homes
- Cedar Springs, VA: less expensive homes
- Cripple Creek, VA: less expensive homes
- Fox, VA: equally priced homes
Cities with Similar Populations
- Mount Garland, VA: higher priced homes
- Richards, TX: less expensive homes
- Reliance, TN: equally priced homes
- Randlett, OK: less expensive homes
- Raleigh, IL: equally priced homes
- Purley, TX: higher priced homes
- New London, PA: higher priced homes
- Muddyfork, AR: less expensive homes
- Mountville, GA: higher priced homes
- Mount Hermon, KY: higher priced homes
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