Much like nearby areas, it is significantly less expensive compared to the entire country. Compared to the city of Lafayette, it is substantially less expensive.
Home prices
The cost of the median home in Elizabeth is $74,400. This is about $3,440 (4%) lower in comparison to nearby areas.It is approximately $143,100 (65%) lower compared to the entire country, and compared to the city of Lafayette is roughly $121,000 (61%) lower.
Rents
Elizabeth's median monthly rent is $832. In comparison to its surrounding areas it is roughly $260 (45%) higher.It is approximately $230 (21%) lower in comparison to the rest of the country, and is about $58 (6%) lower compared to the city of Lafayette.
Nearby places
Oakdale
Oakdale is roughly 8 miles southeast of Elizabeth. Housing prices there are a bit less expensive. Oakdale's median home value is $69,400, which comes out to $5,000 (7%) lower than Elizabeth. The rent there is substantially less expensive. In Oakdale the median monthly rent is $444, which works out to $388 (87%) lower than Elizabeth.
Glenmora
Glenmora is roughly 13 miles northeast of Elizabeth. Housing prices there are a little more expensive. The median home in Glenmora costs $83,500, which is $9,100 (10%) higher than Elizabeth. Rents there are a lot less expensive. The median monthly rent in Glenmora is $578, which works out to $254 (43%) lower than Elizabeth.
McNary
McNary is about 14 miles northeast from Elizabeth. Its housing prices are fairly similar. The price of the median home in McNary is $75,300, which is $900 (1%) higher than Elizabeth. Rents there are a lot less expensive. McNary's median monthly rent is $542, which works out to $290 (53%) lower than Elizabeth.
Oberlin
Oberlin is about 19 miles south of Elizabeth. Its real estate prices are a bit more expensive. The median home in Oberlin is valued at $81,000, which is $6,600 (8%) higher than Elizabeth. Its rents are a lot less expensive. In Oberlin the median rent is $539 a month, which is $293 (54%) lower than Elizabeth.
Forest Hill
Forest Hill is approximately 19 miles northeast from Elizabeth. Its housing prices are somewhat more expensive. The median home in Forest Hill is valued at $80,000, which works out to $5,600 (6%) higher than Elizabeth. Rents there are a little less expensive. The median rent in Forest Hill is $756 a month, which is $76 (10%) lower than Elizabeth.
