Home prices
The cost of the median home in Elmont is $402,400. This is about $76,980 (16%) lower in comparison to other places in this area.In comparison to the entire country it is approximately $184,900 (85%) higher, and compared to the city of New York it is approximately $203,600 (33%) lower.
Rents
The median monthly rent in Elmont is $1,779. Compared to other places in this area it is about $149 (9%) higher.It is about $717 (67%) higher in comparison to the rest of the nation, and in comparison to the city of New York is approximately $336 (23%) higher.
Nearby places
South Floral Park
South Floral Park is Elmont's neighbor to the northeast. Its real estate prices are somewhat more expensive. The median home in South Floral Park is valued at $467,300, which is $64,900 (13%) higher than Elmont. Rents there are a little less expensive. South Floral Park's median rent is $1,676 a month, which comes out to $103 (6%) lower than Elmont.
North Valley Stream
North Valley Stream is Elmont's neighbor to the south. Its housing prices are similar. The median home cost in North Valley Stream is $412,600, which works out to $10,200 (2%) higher than Elmont. The rent there is pretty similar. The median rent in North Valley Stream is $1,781 per month, which is very similar to Elmont.
Floral Park
Floral Park is Elmont's neighbor to the north. Its housing prices are a lot more expensive. The median home price in Floral Park is $593,900, which works out to $191,500 (32%) higher than Elmont. Rent there is pretty similar. Floral Park's median monthly rent is $1,733, which is $46 (2%) lower than Elmont.
Franklin Square
Franklin Square is Elmont's neighbor to the east. Housing prices there are somewhat more expensive. The median home value in Franklin Square is $476,100, which comes out to $73,700 (15%) higher than Elmont. Rents there are fairly similar. The median rent in Franklin Square is $1,761 a month, which works out to $18 (1%) lower than Elmont.
Bellerose Terrace
Bellerose Terrace is Elmont's neighbor to the northwest. The housing prices there are a bit more expensive. The median home value in Bellerose Terrace is $447,000, which comes out to $44,600 (9%) higher than Elmont. Its rents are significantly less expensive. The median monthly rent in Bellerose Terrace is $1,201, which is $578 (48%) lower than Elmont.