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Affordable
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These days, finding an affordable place to live in the Elmburg area can be challenging. Home prices in Elmburg are now at a median cost of $361,300, higher than the Kentucky average of $219,615.
The average cost of rent is $1,083/mo in Elmburg, primarily driven by the current value of real estate in the Elmburg area. In Elmburg, 5.49% of households rent, and 35.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elmburg is $8,207 per month. Households that rent pay about 13.20% of their income on rent here. Elmburg’s most expensive areas are in the central 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
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Cities with Similar Populations
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