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These days, finding an affordable place to live in the Elm Park area can be challenging. Home prices in Elm Park are now at a median cost of $291,168, higher than the Louisiana average of $235,139.
The average cost of rent is $1,094/mo in Elm Park, primarily driven by the current value of real estate in the Elm Park area. In Elm Park, 14.55% of households rent, and 47.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elm Park is $5,924 per month. Households that rent pay about 18.46% of their income on rent here. Elm Park’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- St. Francisville, LA: higher priced homes
- Hardwood, LA: higher priced homes
- Jackson, LA: less expensive homes
- Wakefield, LA: less expensive homes
- Lindsay, LA: higher priced homes
- Wickliffe, LA: higher priced homes
- Gurley, LA: less expensive homes
- New Roads, LA: less expensive homes
- Plettenberg, LA: less expensive homes
- Ethel, LA: less expensive homes
Cities with Similar Populations
- Alpine, NY: less expensive homes
- Orbisonia, PA: less expensive homes
- Plainview, AR: less expensive homes
- Piney Green, NC: less expensive homes
- Pinebur, MS: less expensive homes
- Pilot Knob, MO: less expensive homes
- Pettyville, WV: less expensive homes
- Petersham, MA: higher priced homes
- Otis, MA: higher priced homes
- Orin, WY: higher priced homes
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