Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elkin area can be challenging. Home prices in Elkin are now at a median cost of $141,220, lower than the North Carolina average of $226,477.
The average cost of rent is $671/mo in Elkin, primarily driven by the current value of real estate in the Elkin area. While nearly 48.70% of residents own their homes outright in Elkin, 31.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elkin is $4,550 per month. Households that rent pay about 14.75% of their income on rent here. Elkin's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- State Road, NC: equally priced homes
- Jonesville, NC: less expensive homes
- Zephyr, NC: equally priced homes
- Burch, NC: less expensive homes
- Ronda, NC: less expensive homes
- Thurmond, NC: equally priced homes
- Longtown, NC: less expensive homes
- Roaring River, NC: less expensive homes
- Dobson, NC: equally priced homes
- Traphill, NC: less expensive homes
Cities with Similar Populations
- Cut Off, LA: equally priced homes
- Deer Park, WA: higher priced homes
- Dayton, NJ: higher priced homes
- Dardanelle, AR: less expensive homes
- Whitinsville, MA: higher priced homes
- Dallastown, PA: higher priced homes
- Dalhart, TX: higher priced homes
- Dagsboro, DE: higher priced homes
- D'Iberville, MS: higher priced homes
- Delano, MN: higher priced homes
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