Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elora area can be challenging. Home prices in Elora are now at a median cost of $161,418, lower than the Tennessee average of $218,916.
The average cost of rent is $645/mo in Elora, primarily driven by the current value of real estate in the Elora area. While nearly 59.87% of residents own their homes outright in Elora, 6.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elora is $5,419 per month. Households that rent pay about 11.91% of their income on rent here. Elora's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Flintville, TN: equally priced homes
- Plevna, AL: less expensive homes
- Kelso, TN: equally priced homes
- Smithland, TN: less expensive homes
- Huntland, TN: less expensive homes
- Skinem, AL: equally priced homes
- Sulphur Springs, AL: higher priced homes
- Lexie Crossroads, TN: equally priced homes
- Fayetteville, TN: equally priced homes
- Belvidere, TN: equally priced homes
Cities with Similar Populations
- Madison Lake, MN: higher priced homes
- Racetrack, MT: higher priced homes
- Pilot, VA: less expensive homes
- Pamplin, VA: equally priced homes
- Olla, LA: less expensive homes
- North Garden, VA: higher priced homes
- Newburg, WI: higher priced homes
- New Pekin, IN: less expensive homes
- Minerva Park, OH: higher priced homes
- Merrionette Park, IL: less expensive homes
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