Much like the surrounding areas, it's substantially less expensive compared to the rest of the nation. Compared to the city of Rochester, it's close to average.
Home prices
The median home cost in Elkland is $80,900. In comparison to its surrounding areas this is roughly $1,400 (1%) lower.It is approximately $136,600 (62%) lower in comparison to the entire nation, and is roughly $2,200 (2%) lower in comparison to the city of Rochester.
Rents
In Elkland the median rent is $704 a month. This is about $14 (2%) higher in comparison to other places in this area.It is roughly $358 (33%) lower in comparison to the United States as a whole, and it is approximately $144 (16%) lower in comparison to the city of Rochester.
Nearby places
Knoxville
Knoxville is approximately 5 miles west of Elkland. The housing prices there are somewhat more expensive. The median home in Knoxville is valued at $87,400, which works out to $6,500 (7%) higher than Elkland. Rent there is pretty similar. The median rent in Knoxville is $699 a month, which is very similar to Elkland.
Lawrenceville
Lawrenceville is roughly 8 miles east of Elkland. Real estate prices there are a little more expensive. The median home price in Lawrenceville is $95,500, which works out to $14,600 (15%) higher than Elkland. The rent there is similar. The median rent in Lawrenceville is $734 a month, which comes out to $30 (4%) higher than Elkland.
Addison
Addison is about 8 miles northeast from Elkland. The housing prices there are a little less expensive. Addison's median home price is $74,400, which is $6,500 (8%) lower than Elkland. The rent there is fairly similar. The median monthly rent in Addison is $685, which works out to $19 (2%) lower than Elkland.
Tioga
Tioga is about 9 miles southeast of Elkland. The real estate prices there are somewhat less expensive. Tioga's median home value is $68,500, which is $12,400 (18%) lower than Elkland. Its rents are a little more expensive. The median rent in Tioga is $822 per month, which comes out to $118 (14%) higher than Elkland.
Westfield
Westfield is about 10 miles southwest of Elkland. The housing prices there are a bit more expensive. The median home in Westfield is valued at $85,700, which is $4,800 (5%) higher than Elkland. Rents there are substantially less expensive. In Westfield the median monthly rent is $510, which works out to $194 (38%) lower than Elkland.