Home prices
The median home value in Elmore is $36,600. It is about $14,760 (28%) lower compared to other places in this area.It is approximately $180,900 (83%) lower in comparison to the rest of the nation, and in comparison to the city of Mankato it is approximately $142,800 (79%) lower.
Rents
Elmore's median monthly rent is $492. In comparison to its nearby areas this is roughly $112 (18%) lower.It is about $570 (53%) lower compared to the entire country, and compared to the city of Mankato is roughly $407 (45%) lower.
Nearby places
Rake
Rake is approximately 7 miles east from Elmore. The housing prices there are a little less expensive. The median home in Rake costs $29,300, which works out to $7,300 (24%) lower than Elmore. Its rents are a bit more expensive. In Rake the median rent is $675 per month, which works out to $183 (27%) higher than Elmore.
Lakota
Lakota is about 8 miles south from Elmore. Housing prices there are somewhat less expensive. Lakota's median home cost is $31,600, which is $5,000 (15%) lower than Elmore. Rents there are a little more expensive. The median monthly rent in Lakota is $675, which comes out to $183 (27%) higher than Elmore.
Frost
Frost is about 8 miles northeast from Elmore. Real estate prices there are a bit more expensive. The price of the median home in Frost is $49,000, which comes out to $12,400 (25%) higher than Elmore. Rents there are pretty similar. Frost's median rent is $480 per month, which works out to $12 (2%) lower than Elmore.
Blue Earth
Blue Earth is roughly 8 miles north from Elmore. The real estate prices there are substantially more expensive. The value of the median home in Blue Earth is $82,700, which is $46,100 (55%) higher than Elmore. The rent there is a bit more expensive. In Blue Earth the median rent is $562 a month, which is $70 (12%) higher than Elmore.
Buffalo Center
Buffalo Center is about 9 miles southeast of Elmore. The housing prices there are a lot more expensive. The median home in Buffalo Center is valued at $64,200, which comes out to $27,600 (42%) higher than Elmore. Rents there are a little more expensive. Buffalo Center's median rent is $629 a month, which is $137 (21%) higher than Elmore.