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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 $180,060, lower than the Utah average of $525,914.
The average cost of rent is $758/mo in Elmo, primarily driven by the current value of real estate in the Elmo area. In Elmo, 13.40% of households rent, and 70.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elmo is $4,531 per month. Households that rent pay about 16.73% of their income on rent here. Elmo’s most expensive areas are in the southern 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
- Cleveland, UT: equally priced homes
- Lawrence, UT: higher priced homes
- Columbia, UT: higher priced homes
- Huntington, UT: higher priced homes
- Wellington, UT: higher priced homes
- Woodside, UT: higher priced homes
- Price, UT: higher priced homes
- Clear Creek, UT: higher priced homes
- Castle Dale, UT: higher priced homes
- Spring Glen, UT: higher priced homes
Cities with Similar Populations
- Pottersville, MO: higher priced homes
- Richland, NY: less expensive homes
- Richland, KS: higher priced homes
- Rich Hill, OH: higher priced homes
- Rennerdale, PA: higher priced homes
- Redmond, UT: higher priced homes
- Presque Isle, WI: higher priced homes
- Prescott, WA: higher priced homes
- Prattville, OK: higher priced homes
- Richmond, KS: equally priced homes
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