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 $244,511, lower than the Washington average of $453,663.
The average cost of rent is $850/mo in Elma, primarily driven by the current value of real estate in the Elma area. While nearly 49.22% of residents own their homes outright in Elma, 27.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elma is $5,249 per month. Households that rent pay about 16.19% of their income on rent here. Elma's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Satsop, WA: higher priced homes
- Saginaw, WA: less expensive homes
- South Elma, WA: higher priced homes
- Brady, WA: less expensive homes
- Malone, WA: higher priced homes
- Mccleary, WA: equally priced homes
- Hillgrove, WA: higher priced homes
- Porter, WA: higher priced homes
- Montesano, WA: equally priced homes
- South Montesano, WA: higher priced homes
Cities with Similar Populations
- Country Club Estates, GA: less expensive homes
- Crossville, AL: less expensive homes
- Cross City, FL: less expensive homes
- Crookston, MN: less expensive homes
- Crockett, TX: less expensive homes
- Crete, NE: less expensive homes
- Creston, IA: less expensive homes
- Crandall, TX: equally priced homes
- Cowpens, SC: less expensive homes
- Dayton, MN: higher priced homes
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