Much like the surrounding areas, it's substantially less expensive compared to the United States as a whole. Compared to the city of St. Louis, it's significantly less expensive.
Home prices
The cost of the median home in Elkville is $59,700. Compared to the surrounding areas it is roughly $2,520 (4%) lower.In comparison to the country as a whole it is roughly $157,800 (72%) lower, and it is about $79,000 (56%) lower compared to the city of St. Louis.
Rents
Elkville's median monthly rent is $575. In comparison to nearby areas this is roughly $86 (12%) lower.Compared to the entire nation it is about $487 (45%) lower, and is roughly $253 (30%) lower compared to the city of St. Louis.
Nearby places
Dowell
Dowell is about 2 miles north of Elkville. The real estate prices there are substantially less expensive. The median home in Dowell is valued at $37,900, which works out to $21,800 (57%) lower than Elkville. The rent there is a little more expensive. Dowell's median rent is $768 a month, which comes out to $193 (25%) higher than Elkville.
Vergennes
Vergennes is roughly 4 miles west from Elkville. Housing prices there are a bit more expensive. Vergennes's median home value is $76,700, which works out to $17,000 (22%) higher than Elkville. The rent there is somewhat more expensive. In Vergennes the median monthly rent is $683, which comes out to $108 (15%) higher than Elkville.
Royalton
Royalton is roughly 6 miles east of Elkville. Real estate prices there are somewhat less expensive. The median home in Royalton costs $49,000, which works out to $10,700 (21%) lower than Elkville. Rent there is a bit more expensive. In Royalton the median rent is $633 per month, which works out to $58 (9%) higher than Elkville.
Du Quoin
Du Quoin is approximately 6 miles north from Elkville. The real estate prices there are somewhat more expensive. The cost of the median home in Du Quoin is $66,400, which works out to $6,700 (10%) higher than Elkville. Rents there are fairly similar. In Du Quoin the median rent is $588 per month, which is $13 (2%) higher than Elkville.
De Soto
De Soto is about 6 miles south from Elkville. Its real estate prices are a little more expensive. The cost of the median home in De Soto is $81,100, which works out to $21,400 (26%) higher than Elkville. Rent there is a little more expensive. In De Soto the median rent is $631 a month, which works out to $56 (8%) higher than Elkville.
