
Home Price Key
These days, finding an affordable place to live in the Elmwood Area area can be challenging. Home prices in Elmwood Area are now at a median cost of $121,448, lower than the Abilene average of $156,080.
The average cost of rent is $1,026/mo in Elmwood Area, primarily driven by the current value of real estate in the Elmwood Area area. While nearly 46.33% of residents own their homes outright in Elmwood Area, 44.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elmwood Area is $4,778 per month. Households that rent pay about 21.47% of their income on rent here. Elmwood Area's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Westwood Richland, Abilene, TX: equally priced homes
- Sayles Boulevard Area, Abilene, TX: less expensive homes
- River Oaks-Brookhollow, Abilene, TX: higher priced homes
- Over Place Area, Abilene, TX: less expensive homes
- Cobb Park Area, Abilene, TX: less expensive homes
- Park Central Area, Abilene, TX: higher priced homes
- Sears Park Area, Abilene, TX: less expensive homes
- North College, Abilene, TX: less expensive homes
- Chimney Rock Area, Abilene, TX: higher priced homes
- Abilene Heights Area, Abilene, TX: higher priced homes
Neighborhoods with Similar Populations
- Trestle Glen, Oakland, CA: higher priced homes
- Disston Heights, St. Petersburg, FL: higher priced homes
- Downtown Turlock, Turlock, CA: higher priced homes
- West Englewood, Teaneck, NJ: higher priced homes
- East Side Capistrano, Oceanside, CA: higher priced homes
- Wakefield, Little Rock, AR: less expensive homes
- Foxcroft, Charlotte, NC: higher priced homes
- University District, Minneapolis, MN: higher priced homes
- Gardenside-Colony, Lexington, KY: higher priced homes
- Greenville, Scarsdale, NY: higher priced homes
All Local Stats
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