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Affordable
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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 $259,345, lower than the New Hampshire average of $417,591.
The average cost of rent is $877/mo in Milan, primarily driven by the current value of real estate in the Milan area. In Milan, 11.29% of households rent, and 53.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milan is $5,847 per month. Households that rent pay about 15.01% of their income on rent here. Milan’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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