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 $127,493, lower than the Indiana average of $175,617.
The average cost of rent is $838/mo in Elkhart, primarily driven by the current value of real estate in the Elkhart area. While nearly 38.67% of residents own their homes outright in Elkhart, 35.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elkhart is $4,818 per month. Households that rent pay about 17.39% of their income on rent here. Elkhart's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Dunlap, IN: equally priced homes
- Osceola, IN: higher priced homes
- Nibbyville, IN: higher priced homes
- Bristol, IN: higher priced homes
- Edwardsburg, MI: higher priced homes
- Kessington, MI: higher priced homes
- Union, MI: higher priced homes
- Granger, IN: higher priced homes
- Southwest, IN: higher priced homes
- Goshen, IN: higher priced homes
Cities with Similar Populations
- Glendale, CA: higher priced homes
- Green Bay, WI: higher priced homes
- Greenville, NC: higher priced homes
- Grand Junction, CO: higher priced homes
- Greensboro, NC: higher priced homes
- Grand Prairie, TX: higher priced homes
- Grand Rapids, MI: higher priced homes
- Coral Springs, FL: higher priced homes
- Cypress, TX: higher priced homes
- Danbury, CT: higher priced homes
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