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These days, finding an affordable place to live in the Elmore area can be challenging. Home prices in Elmore are now at a median cost of $189,732, lower than the Alabama average of $228,911.
The average cost of rent is $981/mo in Elmore, primarily driven by the current value of real estate in the Elmore area. In Elmore, 27.67% of households rent, and 36.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elmore is $6,103 per month. Households that rent pay about 16.08% of their income on rent here. Elmore’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Elmore, AL: less expensive homes
- Deatsville, AL: higher priced homes
- Coosada, AL: less expensive homes
- Stoney Point, AL: higher priced homes
- Holtville, AL: higher priced homes
- Millbrook, AL: higher priced homes
- Wallsboro, AL: less expensive homes
- Pine Flat, AL: higher priced homes
- Wetumpka, AL: higher priced homes
- Titus, AL: higher priced homes
Cities with Similar Populations
- Chiefland, FL: less expensive homes
- Carrollton, OH: equally priced homes
- Carson City, MI: equally priced homes
- Castle Shannon, PA: equally priced homes
- Castroville, TX: higher priced homes
- Center Moriches, NY: higher priced homes
- Center, TX: less expensive homes
- Eudora, KS: higher priced homes
- Central City, KY: less expensive homes
- Centre, AL: equally priced homes
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