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Affordable
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These days, finding an affordable place to live in the Elkins Park area can be challenging. Home prices in Elkins Park are now at a median cost of $383,618, higher than the Pennsylvania average of $288,156.
The average cost of rent is $1,566/mo in Elkins Park, primarily driven by the current value of real estate in the Elkins Park area. In Elkins Park, 36.44% of households rent, and 43.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elkins Park is $10,858 per month. Households that rent pay about 14.42% of their income on rent here. Elkins Park’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cheltenham, PA: less expensive homes
- Wyncote, PA: higher priced homes
- Jenkintown, PA: higher priced homes
- Rockledge, PA: less expensive homes
- Glenside, PA: higher priced homes
- Abington, PA: equally priced homes
- Oreland, PA: higher priced homes
- Philadelphia, PA: equally priced homes
- Willow Grove, PA: equally priced homes
- Flourtown, PA: higher priced homes
Cities with Similar Populations
- Saugerties, NY: less expensive homes
- Somerton, AZ: less expensive homes
- Bastrop, LA: less expensive homes
- Bayou Cane, LA: less expensive homes
- Sharon, MA: higher priced homes
- Sellersburg, IN: less expensive homes
- Belle Glade, FL: less expensive homes
- Seaford, NY: higher priced homes
- Scottsboro, AL: less expensive homes
- Griffith, IN: less expensive homes
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