The Most Affordable Neighborhoods in Elk River, ID by Home Value

These days, finding an affordable place to live in the Elk River area can be challenging. Home prices in Elk River are now at a median cost of $213,100, lower than the Idaho average of $450,170.

The average cost of rent is $833/mo in Elk River, primarily driven by the current value of real estate in the Elk River area. In Elk River, 5.07% of households rent, and 43.51% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Elk River is $5,208 per month. Households that rent pay about 15.99% of their income on rent here. Elk River’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.

Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood