Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elm Hall area can be challenging. Home prices in Elm Hall are now at a median cost of $97,752, lower than the Michigan average of $196,062.
The average cost of rent is $663/mo in Elm Hall, primarily driven by the current value of real estate in the Elm Hall area. While nearly 48.89% of residents own their homes outright in Elm Hall, 15.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elm Hall is $4,292 per month. Households that rent pay about 15.46% of their income on rent here. Elm Hall's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Riverdale, MI: equally priced homes
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- Alma, MI: equally priced homes
- McBride, MI: equally priced homes
Cities with Similar Populations
- Buckskin, IN: higher priced homes
- Belleview, MO: higher priced homes
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- Birmingham, KS: higher priced homes
- Macksville, KS: equally priced homes
- Virgil, IL: higher priced homes
- Victory, NY: higher priced homes
- Turin, NY: equally priced homes
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