Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elma area can be challenging. Home prices in Elma are now at a median cost of $119,313, lower than the Iowa average of $182,666.
The average cost of rent is $590/mo in Elma, primarily driven by the current value of real estate in the Elma area. While nearly 56.24% of residents own their homes outright in Elma, 24.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elma is $5,322 per month. Households that rent pay about 11.09% of their income on rent here. Elma's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Alta Vista, IA: higher priced homes
- Lourdes, IA: higher priced homes
- Saratoga, IA: higher priced homes
- Riceville, IA: less expensive homes
- Jerico, IA: higher priced homes
- New Haven, IA: higher priced homes
- North Washington, IA: higher priced homes
- Schley, IA: higher priced homes
- Colwell, IA: less expensive homes
- Saude, IA: higher priced homes
Cities with Similar Populations
- Rock Creek, WV: less expensive homes
- Martins Additions, MD: higher priced homes
- Massee, GA: equally priced homes
- Mc Donough, NY: less expensive homes
- McNeil, AR: less expensive homes
- Plattin, MO: higher priced homes
- Pond Creek, OK: less expensive homes
- Port O'Connor, TX: higher priced homes
- Richelieu, KY: equally priced homes
- Riderville, TX: equally priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood