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These days, finding an affordable place to live in the Elkland area can be challenging. Home prices in Elkland are now at a median cost of $233,593, lower than the Missouri average of $246,641.
The average cost of rent is $778/mo in Elkland, primarily driven by the current value of real estate in the Elkland area. In Elkland, 14.63% of households rent, and 43.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elkland is $6,353 per month. Households that rent pay about 12.24% of their income on rent here. Elkland’s most expensive areas are in the southeastern 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
- Olive, MO: equally priced homes
- March, MO: equally priced homes
- Sampson, MO: higher priced homes
- Wall Street, MO: less expensive homes
- Tin Town, MO: equally priced homes
- Fair Grove, MO: higher priced homes
- Foose, MO: less expensive homes
- Marshfield, MO: equally priced homes
- Conway, MO: less expensive homes
- Goodnight, MO: equally priced homes
Cities with Similar Populations
- Dakota City, NE: less expensive homes
- Salt Rock, WV: less expensive homes
- Adams, WI: less expensive homes
- Lake Mills, IA: less expensive homes
- Mayfield, NY: less expensive homes
- Montara, CA: higher priced homes
- Morning View, KY: equally priced homes
- New Florence, PA: less expensive homes
- Oak Hill, FL: higher priced homes
- Perrysville, OH: less expensive homes
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