Affordable
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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 $193,388, lower than the Pennsylvania average of $288,156.
The average cost of rent is $899/mo in Elk Grove, primarily driven by the current value of real estate in the Elk Grove area. In Elk Grove, 14.51% of households rent, and 56.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elk Grove is $4,942 per month. Households that rent pay about 18.20% of their income on rent here. Elk Grove’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Grassmere Park, PA: higher priced homes
- Laubachs, PA: higher priced homes
- Jamison City, PA: equally priced homes
- Waller, PA: equally priced homes
- Nordmont, PA: equally priced homes
- Strawbridge, PA: equally priced homes
- Benton, PA: higher priced homes
- Coles Creek, PA: higher priced homes
- Unityville, PA: higher priced homes
- Fairmount Springs, PA: higher priced homes
Cities with Similar Populations
- Oreana, ID: higher priced homes
- Leo, WY: less expensive homes
- Lewisburg, AR: less expensive homes
- Liberty Hill, LA: less expensive homes
- Limestone, AR: less expensive homes
- Little Chief, OK: less expensive homes
- Lloyd, MT: higher priced homes
- Lost Springs, WY: higher priced homes
- Oakington, MD: higher priced homes
- Ogden, TN: less expensive homes
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