Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elmwood area can be challenging. Home prices in Elmwood are now at a median cost of $1,214,251, higher than the Berkeley average of $1,157,417.
The average cost of rent is $1,989/mo in Elmwood, primarily driven by the current value of real estate in the Elmwood area. While nearly 65.40% of residents own their homes outright in Elmwood, 74.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elmwood is $5,736 per month. Households that rent pay about 34.68% of their income on rent here. Elmwood's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- South Berkeley, Berkeley, CA: less expensive homes
- Claremont, Berkeley, CA: higher priced homes
- Downtown Berkeley, Berkeley, CA: less expensive homes
- Fairview Park, Oakland, CA: equally priced homes
- North Berkeley, Berkeley, CA: less expensive homes
- Bushrod, Oakland, CA: less expensive homes
- Rockridge, Oakland, CA: higher priced homes
- Central Berkeley, Berkeley, CA: less expensive homes
- Shafter, Oakland, CA: higher priced homes
- SouthWest Berkeley, Berkeley, CA: less expensive homes
Neighborhoods with Similar Populations
- Southwestern Outer Drive, Dearborn, MI: less expensive homes
- Fort Totten-Upper Northeast, Washington, DC: less expensive homes
- Highland Park, Los Angeles, CA: less expensive homes
- Historic Filipinotown, Los Angeles, CA: less expensive homes
- Hunting Park, Philadelphia, PA: less expensive homes
- Kensington, Philadelphia, PA: less expensive homes
- Loop, Chicago, IL: less expensive homes
- 19th Ward, Rochester, NY: less expensive homes
- Macalester-Groveland, St. Paul, MN: less expensive homes
- Maplewood-Ashcreek, Portland, OR: less expensive homes
All Local Stats
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