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These days, finding an affordable place to live in the Elm Flat area can be challenging. Home prices in Elm Flat are now at a median cost of $203,679, lower than the Texas average of $322,096.
The average cost of rent is $1,021/mo in Elm Flat, primarily driven by the current value of real estate in the Elm Flat area. In Elm Flat, 16.28% of households rent, and 63.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elm Flat is $6,100 per month. Households that rent pay about 16.74% of their income on rent here. Elm Flat’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eureka, TX: higher priced homes
- Mildred, TX: higher priced homes
- Goodlow, TX: less expensive homes
- Kerens, TX: less expensive homes
- Powell, TX: less expensive homes
- Round Prairie, TX: less expensive homes
- Navarro, TX: higher priced homes
- Cheneyboro, TX: higher priced homes
- Roane, TX: less expensive homes
- Angus, TX: higher priced homes
Cities with Similar Populations
- Clinton, AL: less expensive homes
- Vernon, LA: less expensive homes
- Verdon, NE: less expensive homes
- Vanderburg, KY: less expensive homes
- Vandalia, TX: less expensive homes
- Valeda, KS: less expensive homes
- Utica, OK: less expensive homes
- Urbana, NY: higher priced homes
- Udall, MO: less expensive homes
- Tyler, AL: less expensive homes
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