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 $170,200, lower than the Texas average of $235,268.
The average cost of rent is $1,111/mo in Elm Grove, primarily driven by the current value of real estate in the Elm Grove area. While nearly 77.66% of residents own their homes outright in Elm Grove, 15.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elm Grove is $4,757 per month. Households that rent pay about 23.36% of their income on rent here. Elm Grove's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Holt, TX: equally priced homes
- Dulin, TX: equally priced homes
- Winchell, TX: equally priced homes
- Bowser, TX: higher priced homes
- Skeeterville, TX: equally priced homes
- Locker, TX: equally priced homes
- Placid, TX: less expensive homes
- Indian Creek, TX: equally priced homes
- Brookesmith, TX: equally priced homes
- Whon, TX: less expensive homes
Cities with Similar Populations
- Grimms Landing, WV: equally priced homes
- Twin Oaks, LA: less expensive homes
- Tyler, MO: equally priced homes
- Hartland, CT: higher priced homes
- Harney, MD: higher priced homes
- Hare Valley, VA: less expensive homes
- Harbine, NE: less expensive homes
- Hanks Corner, ND: less expensive homes
- Hampton, OR: higher priced homes
- Halibut Cove, AK: higher priced homes
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