Home prices
The median home cost in Elgin is $77,900. In comparison to other places in this area this is about $17,160 (28%) higher.In comparison to the rest of the country it is approximately $139,600 (64%) lower, and it is about $62,900 (44%) lower compared to the city of Grand Island.
Rents
The median monthly rent in Elgin is $625. Compared to other places in this area it is roughly $18 (3%) higher.In comparison to the entire country it is about $437 (41%) lower, and is roughly $142 (18%) lower compared to the city of Grand Island.
Nearby places
Oakdale
Oakdale is about 7 miles northeast from Elgin. The housing prices there are substantially less expensive. The median home in Oakdale costs $22,300, which is $55,600 (249%) lower than Elgin. Rents there are somewhat more expensive. In Oakdale the median rent is $735 a month, which works out to $110 (14%) higher than Elgin.
Petersburg
Petersburg is roughly 8 miles south from Elgin. Housing prices there are a little less expensive. The price of the median home in Petersburg is $65,000, which works out to $12,900 (19%) lower than Elgin. Rents there are fairly similar. The median rent in Petersburg is $608 per month, which works out to $17 (2%) lower than Elgin.
Neligh
Neligh is roughly 9 miles north of Elgin. Its real estate prices are a little more expensive. The cost of the median home in Neligh is $84,700, which is $6,800 (8%) higher than Elgin. Its rents are fairly similar. In Neligh the median rent is $628 per month, which is very similar to Elgin.
Tilden
Tilden is roughly 11 miles east from Elgin. Real estate prices there are a bit less expensive. The median home in Tilden is valued at $71,700, which works out to $6,200 (8%) lower than Elgin. Its rents are a little less expensive. The median monthly rent in Tilden is $529, which is $96 (18%) lower than Elgin.
Clearwater
Clearwater is roughly 13 miles north from Elgin. The housing prices there are somewhat less expensive. The median home in Clearwater is valued at $60,000, which works out to $17,900 (29%) lower than Elgin. Rents there are somewhat less expensive. Clearwater's median monthly rent is $533, which is $92 (17%) lower than Elgin.