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 $99,600, lower than the Tennessee average of $218,916.
The average cost of rent is $594/mo in Elk Mills, primarily driven by the current value of real estate in the Elk Mills area. While nearly 64.06% of residents own their homes outright in Elk Mills, 15.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elk Mills is $3,346 per month. Households that rent pay about 17.75% 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
- Little Milligan, TN: equally priced homes
- Fish Springs, TN: equally priced homes
- Butler, TN: equally priced homes
- Poga, TN: equally priced homes
- Heaton, NC: equally priced homes
- Roan Mountain, TN: higher priced homes
- Elk Park, NC: higher priced homes
- Doeville, TN: higher priced homes
- Beech Mountain, NC: higher priced homes
- Hampton, TN: higher priced homes
Cities with Similar Populations
- Ottawa, PA: higher priced homes
- Ladner, SD: equally priced homes
- Whitman, NY: higher priced homes
- Lakewood Shores, IL: higher priced homes
- Laurelburg, TN: higher priced homes
- Lead Mine, WI: higher priced homes
- Oregon Hill, PA: higher priced homes
- Oscar, OK: less expensive homes
- Oswego, IN: higher priced homes
- Otego, KS: less expensive homes
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