Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elk Ridge area can be challenging. Home prices in Elk Ridge are now at a median cost of $465,789, higher than the Utah average of $361,191.
The average cost of rent is $1,326/mo in Elk Ridge, primarily driven by the current value of real estate in the Elk Ridge area. While nearly 18.93% of residents own their homes outright in Elk Ridge, 2.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elk Ridge is $9,078 per month. Households that rent pay about 14.61% of their income on rent here. Elk Ridge's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Woodland Hills, UT: higher priced homes
- Salem, UT: equally priced homes
- Payson, UT: less expensive homes
- Spring Lake, UT: less expensive homes
- Spanish Fork, UT: less expensive homes
- Santaquin, UT: less expensive homes
- Genola, UT: equally priced homes
- Lake Shore, UT: equally priced homes
- Mapleton, UT: higher priced homes
- Rocky Ridge, UT: less expensive homes
Cities with Similar Populations
- Bayside, WI: less expensive homes
- Montverde, FL: less expensive homes
- Minersville, PA: less expensive homes
- Mexico, NY: less expensive homes
- Hendron, KY: less expensive homes
- Greenwood Lake, NY: less expensive homes
- Georgia, VT: less expensive homes
- Fort Plain, NY: less expensive homes
- Avalon, PA: less expensive homes
- Carey, OH: less expensive homes
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