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These days, finding an affordable place to live in the Elkhorn City area can be challenging. Home prices in Elkhorn City are now at a median cost of $86,526, lower than the Kentucky average of $219,615.
The average cost of rent is $832/mo in Elkhorn City, primarily driven by the current value of real estate in the Elkhorn City area. In Elkhorn City, 22.20% of households rent, and 80.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elkhorn City is $3,440 per month. Households that rent pay about 24.19% of their income on rent here. Elkhorn City’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dunleary, KY: equally priced homes
- Regina, KY: higher priced homes
- Belcher, KY: higher priced homes
- Hellier, KY: less expensive homes
- Lookout, KY: higher priced homes
- Tivis, VA: higher priced homes
- Ashcamp, KY: higher priced homes
- Lick Creek, KY: higher priced homes
- Breaks, VA: less expensive homes
- Shelbiana, KY: higher priced homes
Cities with Similar Populations
- Shelby, AL: higher priced homes
- Presidio, TX: equally priced homes
- Renfrew, PA: higher priced homes
- Rogers City, MI: higher priced homes
- San Juan Bautista, CA: higher priced homes
- Oglethorpe, GA: equally priced homes
- Schulenburg, TX: higher priced homes
- Shavano Park, TX: higher priced homes
- Oley, PA: higher priced homes
- St. Thomas, PA: higher priced homes
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