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These days, finding an affordable place to live in the Elk Falls area can be challenging. Home prices in Elk Falls are now at a median cost of $106,723, lower than the Kansas average of $243,949.
The average cost of rent is $526/mo in Elk Falls, primarily driven by the current value of real estate in the Elk Falls area. In Elk Falls, 34.30% of households rent, and 66.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elk Falls is $5,716 per month. Households that rent pay about 9.20% of their income on rent here. Elk Falls’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
- Longton, KS: less expensive homes
- Moline, KS: less expensive homes
- Howard, KS: less expensive homes
- Oak Valley, KS: less expensive homes
- Grafton, KS: less expensive homes
- Grenola, KS: less expensive homes
- Elk City, KS: higher priced homes
- Grand Summit, KS: less expensive homes
- Lafontaine, KS: higher priced homes
- Lehunt, KS: higher priced homes
Cities with Similar Populations
- West Copake, NY: higher priced homes
- Deckertown, NY: higher priced homes
- Ironton, IN: higher priced homes
- Welcome, FL: higher priced homes
- Werner, WV: higher priced homes
- Roselle, IA: higher priced homes
- Datto, AR: equally priced homes
- Date City, CA: higher priced homes
- Roseglen, ND: higher priced homes
- Rudolph, TN: higher priced homes
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