Home prices
The cost of the median home in Elkridge is $364,700. It is roughly $33,000 (9%) higher in comparison to its nearby areas.In comparison to the United States as a whole it is approximately $147,200 (67%) higher, and compared to the city of Washington it is approximately $236,800 (39%) lower.
Rents
The median monthly rent in Elkridge is $1,783. This is about $213 (13%) higher compared to its nearby areas.In comparison to the rest of the nation it is approximately $721 (67%) higher, and is roughly $242 (15%) higher in comparison to the city of Washington.
Nearby places
Ilchester
Ilchester is Elkridge's neighbor to the northwest. Its housing prices are a little more expensive. Ilchester's median home price is $390,600, which works out to $25,900 (6%) higher than Elkridge. The rent there is similar. Ilchester's median monthly rent is $1,799, which is very similar to Elkridge.
Jessup
Jessup is Elkridge's neighbor to the southwest. Housing prices there are similar. The median home in Jessup is valued at $365,500, which is very similar to Elkridge. Rent there is pretty similar. In Jessup the median rent is $1,708 per month, which is $75 (4%) lower than Elkridge.
Arbutus
Arbutus is Elkridge's neighbor to the northeast. Its real estate prices are significantly less expensive. The median home in Arbutus is valued at $234,500, which comes out to $130,200 (55%) lower than Elkridge. Its rents are a lot less expensive. The median monthly rent in Arbutus is $1,103, which comes out to $680 (61%) lower than Elkridge.
Linthicum
Linthicum is roughly 3 miles east of Elkridge. Real estate prices there are somewhat less expensive. Linthicum's median home cost is $305,600, which is $59,100 (19%) lower than Elkridge. Rents there are a bit less expensive. The median monthly rent in Linthicum is $1,529, which works out to $254 (16%) lower than Elkridge.
Severn
Severn is roughly 4 miles southeast from Elkridge. The real estate prices there are fairly similar. The median home in Severn is valued at $362,300, which is very similar to Elkridge. Rents there are fairly similar. The median monthly rent in Severn is $1,712, which comes out to $71 (4%) lower than Elkridge.