Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Elk Plain area can be challenging. Home prices in Elk Plain are now at a median cost of $466,261, higher than the Spanaway average of $449,845.
The average cost of rent is $2,235/mo in Elk Plain, primarily driven by the current value of real estate in the Elk Plain area. In Elk Plain, 14.19% of households rent, and 23.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elk Plain is $9,695 per month. Households that rent pay about 23.05% of their income on rent here. Elk Plain’s most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Frederickson, Tacoma, WA: equally priced homes
- Summit, Puyallup, WA: equally priced homes
- Woodbrook, Lakewood, WA: less expensive homes
- Waller, Tacoma, WA: higher priced homes
- South End, Tacoma, WA: less expensive homes
- Eastside Enact, Tacoma, WA: less expensive homes
- South Tacoma, Tacoma, WA: less expensive homes
- New Tacoma, Tacoma, WA: higher priced homes
- Central, Tacoma, WA: equally priced homes
- North End, Tacoma, WA: higher priced homes
Neighborhoods with Similar Populations
- Mission Grove, Riverside, CA: higher priced homes
- Saint Anthony, St. Paul, MN: less expensive homes
- Thunderbird Hills, San Antonio, TX: less expensive homes
- South Knoxville, Knoxville, TN: less expensive homes
- North End, Fall River, MA: less expensive homes
- North Arroyo, Pasadena, CA: higher priced homes
- Allied Gardens, San Diego, CA: higher priced homes
- Mandarin, Jacksonville, FL: equally priced homes
- Mount Tabor, Portland, OR: higher priced homes
- Willowbrook, Houston, TX: less expensive homes
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