Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elm Grove area can be challenging. Home prices in Elm Grove are now at a median cost of $71,572, lower than the Arkansas average of $160,541.
The average cost of rent is $609/mo in Elm Grove, primarily driven by the current value of real estate in the Elm Grove area. While nearly 59.81% of residents own their homes outright in Elm Grove, 39.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elm Grove is $3,054 per month. Households that rent pay about 19.94% of their income on rent here. Elm Grove's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Trumann, AR: higher priced homes
- Stacy, AR: higher priced homes
- Lunsford, AR: higher priced homes
- Tulot, AR: higher priced homes
- Bay, AR: higher priced homes
- Maple Grove, AR: higher priced homes
- Black Oak, AR: equally priced homes
- Shady Grove, AR: higher priced homes
- Hergett, AR: higher priced homes
- Promised Land, AR: higher priced homes
Cities with Similar Populations
- Tenmile, WV: equally priced homes
- Cotton Center, TX: higher priced homes
- Crab Orchard, NE: higher priced homes
- Cummings, ND: higher priced homes
- Talleyrand, IA: higher priced homes
- Teaberry, WV: higher priced homes
- Teakean, ID: higher priced homes
- Teasdale, UT: higher priced homes
- Telbasta, NE: higher priced homes
- Templeton, IN: higher priced homes
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