
Home Price Key
These days, finding an affordable place to live in the Elk Grove area can be challenging. Home prices in Elk Grove are now at a median cost of $464,850, lower than the California average of $648,235.
The average cost of rent is $1,871/mo in Elk Grove, primarily driven by the current value of real estate in the Elk Grove area. While nearly 24.29% of residents own their homes outright in Elk Grove, 26.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elk Grove is $8,790 per month. Households that rent pay about 21.28% of their income on rent here. Elk Grove's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Franklin, CA: higher priced homes
- Florin, CA: less expensive homes
- Vineyard, CA: equally priced homes
- Parkway, CA: less expensive homes
- Hood, CA: higher priced homes
- Lemon Hill, CA: less expensive homes
- Clarksburg, CA: higher priced homes
- Rosemont, CA: less expensive homes
- Wilton, CA: higher priced homes
- Twin Cities, CA: higher priced homes
Cities with Similar Populations
- Harlingen, TX: less expensive homes
- Hawthorne, CA: higher priced homes
- Hillsboro, OR: less expensive homes
- Hartford, CT: less expensive homes
- Hampton, VA: less expensive homes
- Hattiesburg, MS: less expensive homes
- Hamilton, OH: less expensive homes
- Glen Burnie, MD: less expensive homes
- Greer, SC: less expensive homes
- Garden Grove, CA: higher priced homes
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