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Affordable
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These days, finding an affordable place to live in the Elkville area can be challenging. Home prices in Elkville are now at a median cost of $78,307, lower than the Illinois average of $300,242.
The average cost of rent is $725/mo in Elkville, primarily driven by the current value of real estate in the Elkville area. In Elkville, 28.08% of households rent, and 65.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elkville is $3,872 per month. Households that rent pay about 18.71% of their income on rent here. Elkville’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hallidayboro, IL: higher priced homes
- Dowell, IL: higher priced homes
- Old Du Quoin, IL: higher priced homes
- Royalton, IL: equally priced homes
- DeSoto, IL: higher priced homes
- Du Quoin, IL: higher priced homes
- Vergennes, IL: higher priced homes
- Hurst, IL: equally priced homes
- Bush, IL: equally priced homes
- St. Johns, IL: higher priced homes
Cities with Similar Populations
- Royal Oak, MD: higher priced homes
- Oglesby, TX: higher priced homes
- Patoka, IL: higher priced homes
- Plum Point, VA: higher priced homes
- Port Gibson, NY: higher priced homes
- Portage, OH: higher priced homes
- Potter, WI: higher priced homes
- Printer, KY: equally priced homes
- Ray, ND: higher priced homes
- Rehrersburg, PA: higher priced homes
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