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 $395,858, higher than the Wisconsin average of $220,185.
The average cost of rent is $1,288/mo in Elm Grove, primarily driven by the current value of real estate in the Elm Grove area. While nearly 43.49% of residents own their homes outright in Elm Grove, 14.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elm Grove is $9,172 per month. Households that rent pay about 14.04% of their income on rent here. Elm Grove's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Brookfield, WI: less expensive homes
- Wauwatosa, WI: less expensive homes
- Butler, WI: less expensive homes
- West Allis, WI: less expensive homes
- Duplainville, WI: equally priced homes
- New Berlin, WI: less expensive homes
- West Milwaukee, WI: less expensive homes
- Milwaukee, WI: less expensive homes
- Menomonee Falls, WI: less expensive homes
- Greenfield, WI: less expensive homes
Cities with Similar Populations
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- St. James, MO: less expensive homes
- Willcox, AZ: less expensive homes
- Barrington, NJ: less expensive homes
- Barrington, NH: less expensive homes
- St. John, MO: less expensive homes
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