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Affordable
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These days, finding an affordable place to live in the Elk Mountain area can be challenging. Home prices in Elk Mountain are now at a median cost of $153,300, lower than the Wyoming average of $376,641.
The average cost of rent is $1,254/mo in Elk Mountain, primarily driven by the current value of real estate in the Elk Mountain area. In Elk Mountain, 35.24% of households rent, and 58.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elk Mountain is $4,875 per month. Households that rent pay about 25.72% of their income on rent here. Elk Mountain’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
- McFadden, WY: equally priced homes
- Hanna, WY: less expensive homes
- Walcott, WY: equally priced homes
- Medicine Bow, WY: less expensive homes
- Saratoga, WY: higher priced homes
- Bosler, WY: higher priced homes
- Centennial, WY: higher priced homes
- Rock River, WY: higher priced homes
- Shirley Basin, WY: higher priced homes
- Encampment, WY: higher priced homes
Cities with Similar Populations
- Stumpy Point, NC: higher priced homes
- Copley, WV: equally priced homes
- Cotton Grove, NC: higher priced homes
- Cranberry Lake, NY: less expensive homes
- Craycraft, KY: less expensive homes
- Cripple Creek, VA: less expensive homes
- Croydon, UT: higher priced homes
- Crumpler, WV: less expensive homes
- Crystal, ND: equally priced homes
- Eldorado, MS: less expensive homes
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