
Home Price Key
These days, finding an affordable place to live in the New Elm area can be challenging. Home prices in New Elm are now at a median cost of $136,140, lower than the Georgia average of $231,203.
The average cost of rent is $751/mo in New Elm, primarily driven by the current value of real estate in the New Elm area. While nearly 60.09% of residents own their homes outright in New Elm, 20.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Elm is $4,346 per month. Households that rent pay about 17.28% of their income on rent here. New Elm's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Schley, GA: less expensive homes
- Doerun, GA: less expensive homes
- Minnesota, GA: less expensive homes
- Crosland, GA: less expensive homes
- Norman Park, GA: less expensive homes
- Sigsbee, GA: equally priced homes
- Moultrie, GA: less expensive homes
- South Moultrie, GA: equally priced homes
- Funston, GA: less expensive homes
- Ticknor, GA: less expensive homes
Cities with Similar Populations
- Whitesville, GA: higher priced homes
- Brush Creek, TN: higher priced homes
- Buie, NC: less expensive homes
- Burghill, OH: less expensive homes
- Burnside, MS: equally priced homes
- Bussey, IA: less expensive homes
- Cabin Creek, WV: less expensive homes
- Camargo, IL: higher priced homes
- Canaan Center, NH: higher priced homes
- West Topsham, VT: higher priced homes
All Local Stats
Home Services
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