Home prices
The median home cost in Elkhart is $95,900. In comparison to nearby areas it is about $57,380 (37%) lower.Compared to the country as a whole it is about $121,600 (55%) lower, and it is approximately $19,200 (16%) lower in comparison to the city of Fort Wayne.
Rents
The median monthly rent in Elkhart is $790. It is approximately $216 (21%) lower compared to its nearby areas.It is about $272 (25%) lower in comparison to the entire nation, and in comparison to the city of Fort Wayne it is approximately $26 (3%) higher.
Nearby places
Simonton Lake
Simonton Lake is Elkhart's neighbor to the north. The real estate prices there are significantly more expensive. The cost of the median home in Simonton Lake is $149,700, which is $53,800 (35%) higher than Elkhart. Its rents are a bit more expensive. The median rent in Simonton Lake is $1,038 per month, which comes out to $248 (23%) higher than Elkhart.
Dunlap
Dunlap is Elkhart's neighbor to the southeast. Its real estate prices are a lot more expensive. The median home value in Dunlap is $143,600, which comes out to $47,700 (33%) higher than Elkhart. Rent there is somewhat less expensive. Dunlap's median monthly rent is $737, which is $53 (7%) lower than Elkhart.
Osceola
Osceola is about 5 miles west from Elkhart. Its real estate prices are a little more expensive. The median home in Osceola is valued at $111,600, which comes out to $15,700 (14%) higher than Elkhart. Its rents are a bit more expensive. The median monthly rent in Osceola is $945, which is $155 (16%) higher than Elkhart.
Bristol
Bristol is approximately 6 miles east from Elkhart. Real estate prices there are significantly more expensive. The median home value in Bristol is $141,600, which is $45,700 (32%) higher than Elkhart. Its rents are fairly similar. In Bristol the median rent is $819 a month, which is $29 (3%) higher than Elkhart.
Granger
Granger is roughly 8 miles west from Elkhart. Its housing prices are substantially more expensive. The price of the median home in Granger is $219,900, which works out to $124,000 (56%) higher than Elkhart. Rent there is substantially more expensive. The median rent in Granger is $1,491 per month, which is $701 (47%) higher than Elkhart.
