Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elmdale area can be challenging. Home prices in Elmdale are now at a median cost of $96,877, lower than the Indiana average of $175,617.
The average cost of rent is $673/mo in Elmdale, primarily driven by the current value of real estate in the Elmdale area. While nearly 36.45% of residents own their homes outright in Elmdale, 16.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elmdale is $5,545 per month. Households that rent pay about 12.14% of their income on rent here. Elmdale's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Wingate, IN: equally priced homes
- New Richmond, IN: higher priced homes
- Waynetown, IN: higher priced homes
- Wesley, IN: higher priced homes
- Cherry Grove, IN: higher priced homes
- Mellott, IN: higher priced homes
- Linden, IN: higher priced homes
- Hillsboro, IN: higher priced homes
- Newtown, IN: higher priced homes
- Yountsville, IN: higher priced homes
Cities with Similar Populations
- Claysville, KY: equally priced homes
- Chelsea, IN: higher priced homes
- Cherokee Pass, MO: higher priced homes
- Whitney, PA: higher priced homes
- Chester, NE: less expensive homes
- Whitlash, MT: equally priced homes
- Chestnut Ridge, IN: higher priced homes
- Chili, NM: higher priced homes
- Chugwater, WY: higher priced homes
- Clayroot, NC: higher priced homes
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