Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elkton area can be challenging. Home prices in Elkton are now at a median cost of $166,826, lower than the Minnesota average of $269,934.
The average cost of rent is $620/mo in Elkton, primarily driven by the current value of real estate in the Elkton area. While nearly 39.63% of residents own their homes outright in Elkton, 12.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elkton is $5,951 per month. Households that rent pay about 10.41% of their income on rent here. Elkton's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Dexter, MN: equally priced homes
- Adams, MN: equally priced homes
- Grand Meadow, MN: higher priced homes
- Taopi, MN: higher priced homes
- Rose Creek, MN: equally priced homes
- Brownsdale, MN: less expensive homes
- Nicolville, MN: less expensive homes
- Johnsburg, MN: higher priced homes
- Sargeant, MN: higher priced homes
- Racine, MN: higher priced homes
Cities with Similar Populations
- Trail, MN: equally priced homes
- Concan, TX: higher priced homes
- Wheatley, AR: less expensive homes
- Cornelia, WI: higher priced homes
- Walden, OR: higher priced homes
- Dawson Crossroads, NC: less expensive homes
- Upperglade, WV: less expensive homes
- Union Grove, IL: equally priced homes
- Dyer, NV: less expensive homes
- Ulysses, KY: less expensive homes
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