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Affordable
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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 $400,000, higher than the Missouri average of $246,641.
The average cost of rent is $1,041/mo in Elmira, primarily driven by the current value of real estate in the Elmira area. In Elmira, 8.77% of households rent, and 26.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elmira is $9,905 per month. Households that rent pay about 10.51% of their income on rent here. Elmira’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lawson, MO: less expensive homes
- Polo, MO: less expensive homes
- Vibbard, MO: less expensive homes
- Excelsior Estates, MO: less expensive homes
- Lathrop, MO: less expensive homes
- Rayville, MO: less expensive homes
- Kingston, MO: less expensive homes
- Kerr, MO: less expensive homes
- Holt, MO: less expensive homes
- Turney, MO: less expensive homes
Cities with Similar Populations
- Mineral Hills, MI: less expensive homes
- Michigan, ND: less expensive homes
- Midas, NV: less expensive homes
- Middlebranch, OH: less expensive homes
- Mikkalo, OR: less expensive homes
- Millett, SC: less expensive homes
- Millrift, PA: less expensive homes
- Mills, UT: equally priced homes
- Milnesand, NM: less expensive homes
- Merritt, WA: higher priced homes
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