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Affordable
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These days, finding an affordable place to live in the Elsie area can be challenging. Home prices in Elsie are now at a median cost of $582,742, higher than the Oregon average of $502,078.
The average cost of rent is $972/mo in Elsie, primarily driven by the current value of real estate in the Elsie area. In Elsie, 33.62% of households rent, and 33.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elsie is $6,047 per month. Households that rent pay about 16.08% of their income on rent here. Elsie’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Vinemaple, OR: less expensive homes
- Jewell, OR: less expensive homes
- Arch Cape, OR: higher priced homes
- Tolovana Park, OR: higher priced homes
- Nehalem, OR: less expensive homes
- Cannon Beach, OR: higher priced homes
- Seaside, OR: less expensive homes
- Wheeler, OR: less expensive homes
- Manzanita, OR: equally priced homes
- Olney, OR: less expensive homes
Cities with Similar Populations
- Cramer, PA: less expensive homes
- Coit, TX: less expensive homes
- Westover, VA: less expensive homes
- Coleman, MD: less expensive homes
- West Wellington, AL: less expensive homes
- West Rye, NH: equally priced homes
- Colusa, IL: less expensive homes
- Cominto, AR: less expensive homes
- Comstock, TX: less expensive homes
- Conception, MO: less expensive homes
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