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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 $238,776, lower than the Wisconsin average of $280,373.
The average cost of rent is $950/mo in Elk Grove, primarily driven by the current value of real estate in the Elk Grove area. In Elk Grove, 16.61% of households rent, and 36.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elk Grove is $7,478 per month. Households that rent pay about 12.70% of their income on rent here. Elk Grove’s most expensive areas are in the northwestern 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
- Meekers Grove, WI: equally priced homes
- Belmont, WI: equally priced homes
- Bigpatch, WI: higher priced homes
- Georgetown, WI: equally priced homes
- Lead Mine, WI: less expensive homes
- Cuba City, WI: less expensive homes
- Platteville, WI: higher priced homes
- Benton, WI: less expensive homes
- Cornelia, WI: equally priced homes
- Shullsburg, WI: less expensive homes
Cities with Similar Populations
- Gin City, AR: less expensive homes
- Rural, WI: higher priced homes
- Rumley, AR: less expensive homes
- Ruby Valley, NV: equally priced homes
- Ruby, MT: higher priced homes
- Ruby, AK: less expensive homes
- Hightown, VA: equally priced homes
- Hatfield, MO: less expensive homes
- Glen, WV: less expensive homes
- Glen Lyn, VA: less expensive homes
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