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These days, finding an affordable place to live in the Elmira area can be challenging. Home prices in Elmira are now at a median cost of $575,954, higher than the Idaho average of $450,170.
The average cost of rent is $1,216/mo in Elmira, primarily driven by the current value of real estate in the Elmira area. In Elmira, 8.78% of households rent, and 40.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elmira is $4,695 per month. Households that rent pay about 25.91% of their income on rent here. Elmira’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Glengary, ID: equally priced homes
- Selle, ID: equally priced homes
- Naples, ID: equally priced homes
- Samuels, ID: less expensive homes
- Trestle Creek, ID: equally priced homes
- Culver, ID: higher priced homes
- Kootenai, ID: less expensive homes
- Ponderay, ID: less expensive homes
- Sandpoint, ID: equally priced homes
- Colburn, ID: less expensive homes
Cities with Similar Populations
- Red Bird, MO: less expensive homes
- Beaverlick, KY: less expensive homes
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- Bellamy, AL: less expensive homes
- Belle Valley, OH: less expensive homes
- Bellevue, LA: less expensive homes
- Rawalts, IL: less expensive homes
- South Hamilton, NY: less expensive homes
- Salem, FL: less expensive homes
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