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Affordable
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These days, finding an affordable place to live in the St. Elmo area can be challenging. Home prices in St. Elmo are now at a median cost of $254,248, higher than the Kentucky average of $219,615.
The average cost of rent is $1,671/mo in St. Elmo, primarily driven by the current value of real estate in the St. Elmo area. In St. Elmo, 18.93% of households rent, and 42.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in St. Elmo is $8,480 per month. Households that rent pay about 19.71% of their income on rent here. St. Elmo’s most expensive areas are in the southeastern 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
- Oak Grove, KY: less expensive homes
- Pembroke, KY: less expensive homes
- Trenton, KY: higher priced homes
- Fort Campbell North, KY: equally priced homes
- Fort Campbell, TN: equally priced homes
- Howel, KY: less expensive homes
- Fairview, KY: less expensive homes
- Hampton Station, TN: higher priced homes
- Hadensville, KY: less expensive homes
- Tress Shop, KY: less expensive homes
Cities with Similar Populations
- Lagoon, NC: equally priced homes
- Lippincotts, OH: equally priced homes
- Lindsay, NE: equally priced homes
- Libertyville, AL: less expensive homes
- Libertyhill, GA: equally priced homes
- Levert, LA: less expensive homes
- Lena, LA: less expensive homes
- Laughlintown, PA: less expensive homes
- Latty, IA: equally priced homes
- Lampeter, PA: higher priced homes
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