Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elmo area can be challenging. Home prices in Elmo are now at a median cost of $86,503, lower than the Missouri average of $194,908.
The average cost of rent is $534/mo in Elmo, primarily driven by the current value of real estate in the Elmo area. While nearly 58.90% of residents own their homes outright in Elmo, 20.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elmo is $4,601 per month. Households that rent pay about 11.60% of their income on rent here. Elmo's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Burlington Junction, MO: higher priced homes
- Blanchard, IA: less expensive homes
- Clearmont, MO: equally priced homes
- Braddyville, IA: less expensive homes
- College Springs, IA: less expensive homes
- Westboro, MO: higher priced homes
- Coin, IA: less expensive homes
- Shambaugh, IA: higher priced homes
- Northboro, IA: equally priced homes
- Wilcox, MO: higher priced homes
Cities with Similar Populations
- Burtons, MS: higher priced homes
- Tynan, TX: equally priced homes
- Swans Island, ME: higher priced homes
- Spring Creek Colony, SD: higher priced homes
- Channing, MI: higher priced homes
- Chamberlin, LA: higher priced homes
- Center Junction, IA: higher priced homes
- Cedron, OH: higher priced homes
- Cedar Creek, WI: higher priced homes
- Carthage, AR: less expensive homes
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