Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elmont area can be challenging. Home prices in Elmont are now at a median cost of $457,471, lower than the New York average of $481,023.
The average cost of rent is $2,086/mo in Elmont, primarily driven by the current value of real estate in the Elmont area. While nearly 28.06% of residents own their homes outright in Elmont, 18.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elmont is $9,369 per month. Households that rent pay about 22.27% of their income on rent here. Elmont's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- South Floral Park, NY: higher priced homes
- Queens Village, NY: equally priced homes
- North Valley Stream, NY: equally priced homes
- Franklin Square, NY: higher priced homes
- Floral Park, NY: higher priced homes
- Stewart Manor, NY: higher priced homes
- Bellerose, NY: higher priced homes
- Bellerose Terrace, NY: equally priced homes
- Malverne, NY: higher priced homes
- Valley Stream, NY: higher priced homes
Cities with Similar Populations
- Thibodaux, LA: less expensive homes
- El Dorado Hills, CA: higher priced homes
- Elkton, MD: less expensive homes
- Ellenwood, GA: less expensive homes
- Fairburn, GA: less expensive homes
- Fitchburg, MA: less expensive homes
- Hallandale Beach, FL: less expensive homes
- South El Monte, CA: equally priced homes
- Teaneck, NJ: equally priced homes
- The Acreage, FL: less expensive homes
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