Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elva area can be challenging. Home prices in Elva are now at a median cost of $190,221, lower than the Illinois average of $242,002.
The average cost of rent is $1,020/mo in Elva, primarily driven by the current value of real estate in the Elva area. While nearly 31.34% of residents own their homes outright in Elva, 18.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elva is $6,709 per month. Households that rent pay about 15.21% of their income on rent here. Elva's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- DeKalb, IL: equally priced homes
- Cortland, IL: less expensive homes
- Waterman, IL: equally priced homes
- Malta, IL: less expensive homes
- Troxel, IL: higher priced homes
- Shabbona, IL: less expensive homes
- Hinckley, IL: higher priced homes
- Sycamore, IL: higher priced homes
- Clare, IL: higher priced homes
- Maple Park, IL: higher priced homes
Cities with Similar Populations
- Yuma, MI: less expensive homes
- Amherst, SD: less expensive homes
- Arboles, CO: higher priced homes
- Poling, IN: equally priced homes
- Pharoah, OK: less expensive homes
- Phillipsburg, GA: less expensive homes
- Phillipston, MA: higher priced homes
- Picacho, AZ: equally priced homes
- Pine Apple, AL: less expensive homes
- Pinewood, TN: less expensive homes
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