Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elk Mills area can be challenging. Home prices in Elk Mills are now at a median cost of $295,100, lower than the Maryland average of $357,815.
The average cost of rent is $988/mo in Elk Mills, primarily driven by the current value of real estate in the Elk Mills area. While nearly 27.27% of residents own their homes outright in Elk Mills, 11.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elk Mills is $7,597 per month. Households that rent pay about 13.00% of their income on rent here. Elk Mills's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Colonial Acres, MD: less expensive homes
- Elkton, MD: less expensive homes
- Fair Hill, MD: less expensive homes
- Glasgow, DE: equally priced homes
- Newark, DE: equally priced homes
- Brookside, DE: less expensive homes
- North East, MD: less expensive homes
- Blueball, MD: equally priced homes
- Kemblesville, PA: higher priced homes
- New London, PA: higher priced homes
Cities with Similar Populations
- Hoover, SD: less expensive homes
- Himmel, MO: less expensive homes
- Holbrook, WV: less expensive homes
- Holden, OH: less expensive homes
- Togo, AR: less expensive homes
- Hollywood, WA: higher priced homes
- Holman, AR: less expensive homes
- Homer, KY: less expensive homes
- Hooper, WA: less expensive homes
- Toketee Falls, OR: less expensive homes
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