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These days, finding an affordable place to live in the Elton area can be challenging. Home prices in Elton are now at a median cost of $130,746, lower than the Louisiana average of $235,139.
The average cost of rent is $619/mo in Elton, primarily driven by the current value of real estate in the Elton area. In Elton, 24.67% of households rent, and 75.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elton is $4,395 per month. Households that rent pay about 14.09% of their income on rent here. Elton’s most expensive areas are in the northwestern 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
- Hathaway, LA: higher priced homes
- Basile, LA: higher priced homes
- Iota, LA: higher priced homes
- Kinder, LA: higher priced homes
- Rork, LA: higher priced homes
- Eunice, LA: higher priced homes
- Fenton, LA: higher priced homes
- Maxie, LA: higher priced homes
- Leblanc, LA: less expensive homes
- Indian Village, LA: higher priced homes
Cities with Similar Populations
- Arlee, MT: higher priced homes
- Ash Flat, AR: less expensive homes
- Delta Junction, AK: higher priced homes
- Fries, VA: equally priced homes
- Zavalla, TX: less expensive homes
- Highland Mills, NY: higher priced homes
- Ida Grove, IA: equally priced homes
- Jeffersonville, VT: higher priced homes
- Kyle, SD: less expensive homes
- Maplesville, AL: higher priced homes
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