Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elkhart area can be challenging. Home prices in Elkhart are now at a median cost of $278,894, higher than the Iowa average of $182,666.
The average cost of rent is $748/mo in Elkhart, primarily driven by the current value of real estate in the Elkhart area. While nearly 19.73% of residents own their homes outright in Elkhart, 10.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elkhart is $9,001 per month. Households that rent pay about 8.31% of their income on rent here. Elkhart's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Enterprise, IA: equally priced homes
- Alleman, IA: equally priced homes
- Ankeny, IA: less expensive homes
- Midvale, IA: less expensive homes
- Bondurant, IA: equally priced homes
- Cambridge, IA: less expensive homes
- Maxwell, IA: less expensive homes
- Berwick, IA: less expensive homes
- Huxley, IA: less expensive homes
- Santiago, IA: higher priced homes
Cities with Similar Populations
- Fletcher, OH: less expensive homes
- St. George, GA: less expensive homes
- Snowden, NC: higher priced homes
- Shueyville, IA: higher priced homes
- Santa Anna, TX: less expensive homes
- Grady, AL: less expensive homes
- Gorman, TX: less expensive homes
- Genoa, NE: less expensive homes
- Floyd, TX: less expensive homes
- Stoudertown, OH: equally priced homes
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