Home prices
The median home in Elyria costs $99,100. It is approximately $57,700 (36%) lower compared to its surrounding areas.In comparison to the US as a whole it is roughly $118,400 (54%) lower, and is roughly $49,900 (101%) higher compared to the city of Detroit.
Rents
In Elyria the median monthly rent is $741. This is roughly $163 (17%) lower in comparison to its nearby areas.In comparison to the country as a whole it is about $321 (30%) lower, and compared to the city of Detroit it is approximately $83 (10%) lower.
Nearby places
North Ridgeville
North Ridgeville is Elyria's neighbor to the east. Housing prices there are a lot more expensive. The median home in North Ridgeville costs $182,300, which is $83,200 (45%) higher than Elyria. The rent there is a little more expensive. The median rent in North Ridgeville is $968 per month, which works out to $227 (23%) higher than Elyria.
Sheffield
Sheffield is Elyria's neighbor to the north. Its real estate prices are a lot more expensive. The median home value in Sheffield is $212,100, which works out to $113,000 (53%) higher than Elyria. The rent there is a lot more expensive. In Sheffield the median rent is $1,267 a month, which works out to $526 (41%) higher than Elyria.
Lorain
Lorain is about 5 miles northwest of Elyria. The housing prices there are a little less expensive. Lorain's median home cost is $87,300, which comes out to $11,800 (13%) lower than Elyria. Rents there are somewhat less expensive. The median rent in Lorain is $697 a month, which works out to $44 (6%) lower than Elyria.
Amherst
Amherst is approximately 5 miles west of Elyria. The real estate prices there are substantially more expensive. Amherst's median home cost is $164,600, which is $65,500 (39%) higher than Elyria. Rents there are a little more expensive. In Amherst the median monthly rent is $784, which comes out to $43 (5%) higher than Elyria.
South Amherst
South Amherst is about 6 miles west of Elyria. The real estate prices there are a little more expensive. The cost of the median home in South Amherst is $137,700, which comes out to $38,600 (28%) higher than Elyria. Its rents are a little more expensive. The median monthly rent in South Amherst is $802, which is $61 (7%) higher than Elyria.
