Home prices
Elbow Lake's median home cost is $137,500. In comparison to its surrounding areas it is approximately $62,260 (82%) higher.In comparison to the entire nation it is approximately $80,000 (36%) lower, and it is roughly $74,600 (35%) lower in comparison to the city of Fargo.
Rents
In Elbow Lake the median monthly rent is $417. This is approximately $20 (4%) lower compared to the surrounding areas.It is about $645 (60%) lower compared to the United States as a whole, and is approximately $406 (49%) lower in comparison to the city of Fargo.
Nearby places
Naytahwaush
Naytahwaush is roughly 8 miles northwest from Elbow Lake. Housing prices there are substantially less expensive. The cost of the median home in Naytahwaush is $64,300, which is $73,200 (113%) lower than Elbow Lake. Rents there are pretty similar. The median monthly rent in Naytahwaush is $400, which comes out to $17 (4%) lower than Elbow Lake.
Pine Point
Pine Point is roughly 11 miles southeast from Elbow Lake. The housing prices there are a bit less expensive. The median home value in Pine Point is $107,200, which is $30,300 (28%) lower than Elbow Lake. The rent there is a little more expensive. Pine Point's median rent is $450 a month, which comes out to $33 (7%) higher than Elbow Lake.
White Earth
White Earth is approximately 12 miles west of Elbow Lake. The housing prices there are substantially less expensive. The median home in White Earth costs $62,500, which works out to $75,000 (120%) lower than Elbow Lake. Rent there is a lot less expensive. The median rent in White Earth is $289 per month, which is $128 (44%) lower than Elbow Lake.
Ogema
Ogema is approximately 15 miles west of Elbow Lake. Housing prices there are significantly less expensive. The median home in Ogema is valued at $71,700, which comes out to $65,800 (91%) lower than Elbow Lake. Rent there is pretty similar. In Ogema the median rent is $433 per month, which works out to $16 (3%) higher than Elbow Lake.
Waubun
Waubun is about 15 miles west from Elbow Lake. Its housing prices are substantially less expensive. The median home in Waubun is valued at $70,500, which is $67,000 (95%) lower than Elbow Lake. Its rents are a bit more expensive. The median rent in Waubun is $613 a month, which is $196 (31%) higher than Elbow Lake.