Home prices
The cost of the median home in Elkhorn is $176,700. It is about $60,160 (25%) lower in comparison to nearby areas.It is roughly $40,800 (18%) lower compared to the US as a whole, and is roughly $81,300 (31%) lower in comparison to the city of Chicago.
Rents
Elkhorn's median monthly rent is $834. Compared to the surrounding areas it is approximately $277 (24%) lower.In comparison to the United States as a whole it is approximately $228 (21%) lower, and in comparison to the city of Chicago is approximately $278 (25%) lower.
Nearby places
Como
Como is about 4 miles southeast of Elkhorn. The housing prices there are a little more expensive. The median home price in Como is $193,200, which works out to $16,500 (8%) higher than Elkhorn. Rents there are pretty similar. The median rent in Como is $814 a month, which comes out to $20 (2%) lower than Elkhorn.
Delavan
Delavan is about 4 miles southwest from Elkhorn. Its housing prices are a little less expensive. The price of the median home in Delavan is $144,900, which comes out to $31,800 (21%) lower than Elkhorn. Rent there is fairly similar. In Delavan the median rent is $851 a month, which comes out to $17 (1%) higher than Elkhorn.
Delavan Lake
Delavan Lake is roughly 5 miles southwest of Elkhorn. The housing prices there are a bit more expensive. Delavan Lake's median home cost is $203,800, which comes out to $27,100 (13%) higher than Elkhorn. Rent there is a bit more expensive. Delavan Lake's median rent is $1,112 a month, which is $278 (25%) higher than Elkhorn.
Williams Bay
Williams Bay is roughly 6 miles south of Elkhorn. Its real estate prices are a lot more expensive. The value of the median home in Williams Bay is $276,200, which works out to $99,500 (36%) higher than Elkhorn. Its rents are a bit more expensive. The median rent in Williams Bay is $1,199 per month, which is $365 (30%) higher than Elkhorn.
Lauderdale Lakes
Lauderdale Lakes is approximately 6 miles north from Elkhorn. Its housing prices are significantly more expensive. The median home in Lauderdale Lakes is valued at $366,200, which works out to $189,500 (51%) higher than Elkhorn. Its rents are a lot more expensive. The median monthly rent in Lauderdale Lakes is $1,577, which works out to $743 (47%) higher than Elkhorn.