Home prices
The median home cost in Elba is $90,600. In comparison to its surrounding areas it is about $13,540 (17%) higher.Compared to the country as a whole it is about $126,900 (58%) lower, and in comparison to the city of Grand Island is approximately $50,200 (35%) lower.
Rents
The median monthly rent in Elba is $605. It is roughly $42 (7%) higher compared to nearby areas.Compared to the nation as a whole it is about $457 (43%) lower, and it is about $162 (21%) lower compared to the city of Grand Island.
Nearby places
St. Paul
St. Paul is roughly 6 miles southeast from Elba. The housing prices there are substantially more expensive. The median home cost in St. Paul is $138,000, which is $47,400 (34%) higher than Elba. Its rents are a bit more expensive. St. Paul's median rent is $684 a month, which is $79 (11%) higher than Elba.
Ashton
Ashton is about 10 miles west of Elba. The real estate prices there are a lot less expensive. The median home in Ashton costs $66,000, which is $24,600 (37%) lower than Elba. Its rents are pretty similar. Ashton's median rent is $625 per month, which works out to $20 (3%) higher than Elba.
Wolbach
Wolbach is approximately 10 miles northeast from Elba. Housing prices there are a lot less expensive. The median home in Wolbach is valued at $49,200, which is $41,400 (84%) lower than Elba. Rent there is substantially less expensive. Wolbach's median rent is $425 a month, which works out to $180 (42%) lower than Elba.
Dannebrog
Dannebrog is about 11 miles south of Elba. Real estate prices there are substantially less expensive. The median home in Dannebrog costs $62,100, which works out to $28,500 (45%) lower than Elba. Its rents are fairly similar. In Dannebrog the median monthly rent is $588, which is $17 (2%) lower than Elba.
Scotia
Scotia is approximately 13 miles northwest of Elba. The housing prices there are a little less expensive. The median home value in Scotia is $70,000, which works out to $20,600 (29%) lower than Elba. Rent there is a little less expensive. In Scotia the median monthly rent is $492, which works out to $113 (22%) lower than Elba.