Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elon College area can be challenging. Home prices in Elon College are now at a median cost of $172,675, lower than the North Carolina average of $226,477.
The average cost of rent is $984/mo in Elon College, primarily driven by the current value of real estate in the Elon College area. While nearly 37.13% of residents own their homes outright in Elon College, 22.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elon College is $5,407 per month. Households that rent pay about 18.19% of their income on rent here. Elon College's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Ossipee, NC: less expensive homes
- Glen Raven, NC: less expensive homes
- Gibsonville, NC: higher priced homes
- Elon, NC: higher priced homes
- Osceola, NC: higher priced homes
- Burlington, NC: equally priced homes
- McCray, NC: higher priced homes
- Green Level, NC: less expensive homes
- Sedalia, NC: higher priced homes
- Williamsburg, NC: less expensive homes
Cities with Similar Populations
- Tompkinsville, KY: less expensive homes
- Chuckey, TN: less expensive homes
- Clarion, PA: equally priced homes
- Clearwater Beach, FL: higher priced homes
- Clinton, IL: less expensive homes
- Clintonville, WI: less expensive homes
- Cohasset, MA: higher priced homes
- Tylertown, MS: less expensive homes
- Colonial Beach, VA: higher priced homes
- Colonie, NY: higher priced homes
All Local Stats
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