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 $112,146, lower than the Philadelphia average of $296,499.
The average cost of rent is $1,069/mo in Elmwood, primarily driven by the current value of real estate in the Elmwood area. While nearly 41.86% of residents own their homes outright in Elmwood, 47.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elmwood is $3,292 per month. Households that rent pay about 32.47% of their income on rent here. Elmwood's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Eastwick, Philadelphia, PA: higher priced homes
- Kingsessing, Philadelphia, PA: less expensive homes
- Cobbs Creek, Philadelphia, PA: higher priced homes
- Grays Ferry, Philadelphia, PA: higher priced homes
- Marconi Plaza-Packer Park, Philadelphia, PA: higher priced homes
- Haddington, Philadelphia, PA: less expensive homes
- Girard Estates, Philadelphia, PA: higher priced homes
- Point Breeze-Philadelphia, Philadelphia, PA: higher priced homes
- University City, Philadelphia, PA: higher priced homes
- Briarcliffe, Glenolden, PA: higher priced homes
Neighborhoods with Similar Populations
- Anthem, Henderson, NV: higher priced homes
- Bellevue, Nashville, TN: higher priced homes
- Albany Park, Chicago, IL: higher priced homes
- Broadmoor-Sherwood, Baton Rouge, LA: higher priced homes
- Bull Mountain, Tigard, OR: higher priced homes
- Near South Side, Chicago, IL: higher priced homes
- Wynnefield, Philadelphia, PA: higher priced homes
- North Central, Virginia Beach, VA: higher priced homes
- North Laurel, Scaggsville, MD: higher priced homes
- North Linden, Columbus, OH: equally priced homes
All Local Stats
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