Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elkader area can be challenging. Home prices in Elkader are now at a median cost of $127,552, lower than the Iowa average of $182,666.
The average cost of rent is $697/mo in Elkader, primarily driven by the current value of real estate in the Elkader area. While nearly 59.43% of residents own their homes outright in Elkader, 32.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elkader is $5,154 per month. Households that rent pay about 13.53% of their income on rent here. Elkader's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Communia, IA: equally priced homes
- St. Olaf, IA: less expensive homes
- Osborne, IA: less expensive homes
- Volga, IA: equally priced homes
- Farmersburg, IA: less expensive homes
- Littleport, IA: equally priced homes
- Froelich, IA: less expensive homes
- Elkport, IA: higher priced homes
- Mederville, IA: less expensive homes
- Garnavillo, IA: equally priced homes
Cities with Similar Populations
- Luthersville, GA: higher priced homes
- Rotan, TX: less expensive homes
- Roseland, FL: higher priced homes
- Reagan, TN: equally priced homes
- Peletier, NC: higher priced homes
- New Lebanon, NY: higher priced homes
- New Harmony, IN: higher priced homes
- Montreal, MO: higher priced homes
- Milford, KS: higher priced homes
- McKenney, VA: higher priced homes
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