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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 $216,885, lower than the Wisconsin average of $280,373.
The average cost of rent is $886/mo in Elmwood, primarily driven by the current value of real estate in the Elmwood area. In Elmwood, 21.69% of households rent, and 43.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elmwood is $6,209 per month. Households that rent pay about 14.26% of their income on rent here. Elmwood’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rock Elm, WI: higher priced homes
- Hatchville, WI: higher priced homes
- Olivet, WI: higher priced homes
- Waverly, WI: higher priced homes
- Eau Galle, WI: higher priced homes
- Ono, WI: higher priced homes
- Spring Valley, WI: higher priced homes
- Plum City, WI: equally priced homes
- Irvington, WI: higher priced homes
- Arkansaw, WI: higher priced homes
Cities with Similar Populations
- Jewett, OH: less expensive homes
- Sharpsburg, KY: less expensive homes
- Sarona, WI: higher priced homes
- Sapphire, NC: higher priced homes
- Rollingwood, TX: higher priced homes
- Marcus, IA: less expensive homes
- Mapleton, IA: less expensive homes
- Maple, OK: less expensive homes
- Love, MS: higher priced homes
- Logantown, KY: less expensive homes
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