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These days, finding an affordable place to live in the Milford area can be challenging. Home prices in Milford are now at a median cost of $157,800, lower than the Georgia average of $324,634.
The average cost of rent is $575/mo in Milford, primarily driven by the current value of real estate in the Milford area. In Milford, 2.72% of households rent, and 83.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milford is $3,613 per month. Households that rent pay about 15.92% of their income on rent here. Milford’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Leary, GA: less expensive homes
- Crestview, GA: equally priced homes
- Nicholasville, GA: less expensive homes
- Rowena, GA: less expensive homes
- Newton, GA: less expensive homes
- Arlington, GA: less expensive homes
- Damascus, GA: less expensive homes
- Old Damascus, GA: less expensive homes
- Greenwood, GA: less expensive homes
- Hentown, GA: less expensive homes
Cities with Similar Populations
- Ripley, IN: less expensive homes
- Monterey, KY: higher priced homes
- Monti, IA: higher priced homes
- Monument, NM: higher priced homes
- Moody, MO: higher priced homes
- Moran, IN: equally priced homes
- Morgan, CO: higher priced homes
- Morgans Point, TX: higher priced homes
- Morris, WV: less expensive homes
- Mumford, TX: higher priced homes
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