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 $96,544, lower than the Louisiana average of $194,522.
The average cost of rent is $1,296/mo in Elm Grove, primarily driven by the current value of real estate in the Elm Grove area. While nearly 42.12% of residents own their homes outright in Elm Grove, 16.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elm Grove is $3,817 per month. Households that rent pay about 33.94% of their income on rent here. Elm Grove's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Koran, LA: less expensive homes
- McDade, LA: higher priced homes
- Poole, LA: higher priced homes
- Sligo, LA: higher priced homes
- Taylortown, LA: higher priced homes
- Doyline, LA: higher priced homes
- Curtis, LA: higher priced homes
- Caplis, LA: higher priced homes
- Dixie Gardens, LA: higher priced homes
- Heflin, LA: less expensive homes
Cities with Similar Populations
- Duplex, TN: higher priced homes
- Jenera, OH: higher priced homes
- Franklin, IL: higher priced homes
- Ezel, KY: less expensive homes
- Etna, CA: higher priced homes
- Erick, OK: less expensive homes
- Ellendale, MN: higher priced homes
- East Chatham, NY: higher priced homes
- East Burke, VT: higher priced homes
- Turners Station, KY: higher priced homes
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