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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 $176,424, lower than the New York average of $610,895.
The average cost of rent is $834/mo in Elton, primarily driven by the current value of real estate in the Elton area. In Elton, 9.49% of households rent, and 39.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elton is $4,940 per month. Households that rent pay about 16.88% of their income on rent here. Elton’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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- Freedom, NY: equally priced homes
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- Arcade, NY: equally priced homes
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Cities with Similar Populations
- Cannelton, WV: less expensive homes
- Stephen Creek, TX: equally priced homes
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- Charlton, MS: higher priced homes
- Charleston, OR: higher priced homes
- Chapman, AL: less expensive homes
- Steedman, OK: equally priced homes
- Starks, ME: higher priced homes
- Wheeler, KS: less expensive homes
- Whitcomb, WI: equally priced homes
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