Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elrod area can be challenging. Home prices in Elrod are now at a median cost of $134,150, lower than the Indiana average of $175,617.
The average cost of rent is $911/mo in Elrod, primarily driven by the current value of real estate in the Elrod area. While nearly 43.32% of residents own their homes outright in Elrod, 23.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elrod is $5,865 per month. Households that rent pay about 15.54% of their income on rent here. Elrod's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Dillsboro, IN: higher priced homes
- Farmers Retreat, IN: higher priced homes
- Friendship, IN: higher priced homes
- Moores Hill, IN: higher priced homes
- Olean, IN: higher priced homes
- Cross Plains, IN: higher priced homes
- Hartford, IN: higher priced homes
- Milan, IN: higher priced homes
- Aurora, IN: higher priced homes
- Fairview, IN: equally priced homes
Cities with Similar Populations
- Cornersville, MD: higher priced homes
- China, IN: higher priced homes
- Citra, OK: less expensive homes
- Clayton, SC: equally priced homes
- Claywell, KY: less expensive homes
- Clear, AK: higher priced homes
- Clover Village, IN: higher priced homes
- Club Springs, TN: higher priced homes
- Cobb, KY: less expensive homes
- Coffee Creek, MT: higher priced homes
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