Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Milan area can be challenging. Home prices in Milan are now at a median cost of $78,077, lower than the Missouri average of $194,908.
The average cost of rent is $695/mo in Milan, primarily driven by the current value of real estate in the Milan area. While nearly 54.30% of residents own their homes outright in Milan, 25.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Milan is $3,975 per month. Households that rent pay about 17.48% of their income on rent here. Milan's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Reger, MO: higher priced homes
- Cora, MO: higher priced homes
- Green City, MO: equally priced homes
- Osgood, MO: equally priced homes
- Pollock, MO: less expensive homes
- Mystic, MO: higher priced homes
- Humphreys, MO: higher priced homes
- Browning, MO: higher priced homes
- Greencastle, MO: higher priced homes
- Harris, MO: higher priced homes
Cities with Similar Populations
- Beech Bluff, TN: higher priced homes
- Bryant, AL: higher priced homes
- Bushnell, IL: less expensive homes
- Carrollton, IL: higher priced homes
- Davenport, WA: higher priced homes
- Vermontville, MI: higher priced homes
- Madison Park, NJ: higher priced homes
- Monroe, VA: higher priced homes
- Myrtle Grove, GA: higher priced homes
- Nauvoo, AL: higher priced homes
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