Market Summary

Elgin, Fayette County, IA

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Median Home Price Price

$231,314 $231.3K

Median Monthly Rent Rent

$657 $657

GRM

30.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Fayette County

Region Price Rent GRM Display
$217,560 $1,084 17.0x
$159,347 $756 18.0x
$231,150 $920 21.0x
$177,744 $707 21.0x
$172,666 $756 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IA outside of Fayette County

Region Price Rent GRM Display
$211,939 $1,166 15.0x
$296,245 $1,106 22.0x
$149,255 $793 16.0x
$265,594 $1,148 19.0x
$276,996 $2,000 12.0x
$183,021 $707 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IA

Region Price Rent GRM Display
$348,486 $1,384 21.0x
$244,770 $833 25.0x
$313,832 $1,295 21.0x
$210,323 $667 26.0x
$270,058 $814 28.0x
$192,473 $1,187 14.0x
$151,096 $780 16.0x
$774,859 $1,926 34.0x
$173,349 $699 21.0x
$441,245 $1,570 24.0x
$223,251 $782 24.0x
$164,581 $1,095 13.0x
$152,411 $638 20.0x
$314,496 $1,123 23.0x
$213,198 $808 22.0x
$163,443 $1,024 13.0x
$244,238 $893 23.0x
$374,836 $1,301 24.0x
$152,337 $1,036 12.0x
$258,184 $1,484 15.0x
$161,838 $710 19.0x
$183,251 $964 16.0x
$209,259 $827 21.0x
$540,540 $1,530 30.0x
$145,820 $764 16.0x
$243,013 $1,028 20.0x

Home prices

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Monthly rent

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GRM

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Elgin

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Trend Insights

Median Rent in Elgin, IA is $657, with MoM change +$6 and YoY change +$59 pointing to positive momentum while volatility is low (std $16).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Elgin, IA.

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Metric
Base market Elgin, IA
Compare market Select a market
Delta vs base
Median rent
$657
N/A
Median price
$231,314
N/A
YoY change
+$59
N/A
Price-to-rent
29.3x
Data unavailable
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