Similar to nearby areas, it's significantly less expensive compared to the rest of the nation. Compared to the city of Cedar Rapids, it's close to average.
Home prices
The median home in Elk Run Heights costs $139,000. This is about $5,780 (3%) lower compared to the surrounding areas.It is approximately $78,500 (36%) lower compared to the US as a whole, and in comparison to the city of Cedar Rapids is about $2,800 (1%) lower.
Rents
In Elk Run Heights the median rent is $890 a month. Compared to other places in this area this is approximately $240 (36%) higher.It is about $172 (16%) lower compared to the country as a whole, and it is about $123 (16%) higher compared to the city of Cedar Rapids.
Nearby places
Raymond
Raymond is Elk Run Heights's neighbor to the east. Real estate prices there are a little more expensive. Raymond's median home cost is $182,100, which works out to $43,100 (23%) higher than Elk Run Heights. Its rents are substantially less expensive. The median rent in Raymond is $486 per month, which works out to $404 (83%) lower than Elk Run Heights.
Evansdale
Evansdale is Elk Run Heights's neighbor to the west. Housing prices there are a bit less expensive. The median home in Evansdale costs $118,800, which works out to $20,200 (17%) lower than Elk Run Heights. Its rents are a bit less expensive. In Evansdale the median rent is $813 per month, which is $77 (9%) lower than Elk Run Heights.
Gilbertville
Gilbertville is roughly 3 miles southeast of Elk Run Heights. Its housing prices are somewhat more expensive. Gilbertville's median home price is $153,300, which works out to $14,300 (9%) higher than Elk Run Heights. Its rents are substantially less expensive. The median monthly rent in Gilbertville is $579, which is $311 (53%) lower than Elk Run Heights.
Waterloo
Waterloo is approximately 4 miles west from Elk Run Heights. Its housing prices are a little less expensive. Waterloo's median home price is $117,400, which is $21,600 (18%) lower than Elk Run Heights. Rent there is a little less expensive. In Waterloo the median monthly rent is $765, which is $125 (16%) lower than Elk Run Heights.
Dunkerton
Dunkerton is about 7 miles northeast of Elk Run Heights. The real estate prices there are a little more expensive. The median home in Dunkerton costs $152,300, which works out to $13,300 (8%) higher than Elk Run Heights. The rent there is significantly less expensive. In Dunkerton the median monthly rent is $606, which comes out to $284 (46%) lower than Elk Run Heights.
