Home Price Key
Affordable
Average
Expensive
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 $179,769, lower than the Iowa average of $182,666.
The average cost of rent is $822/mo in Milford, primarily driven by the current value of real estate in the Milford area. While nearly 40.91% of residents own their homes outright in Milford, 18.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Milford is $5,182 per month. Households that rent pay about 15.86% of their income on rent here. Milford's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- West Okoboji, IA: higher priced homes
- Old Town, IA: higher priced homes
- Arnolds Park, IA: higher priced homes
- Wahpeton, IA: higher priced homes
- Okoboji, IA: higher priced homes
- Triboji Beach, IA: higher priced homes
- Spirit Lake, IA: equally priced homes
- Orleans, IA: higher priced homes
- Montgomery, IA: higher priced homes
- Terril, IA: higher priced homes
Cities with Similar Populations
- Meroney, AR: less expensive homes
- Winchester, OH: less expensive homes
- Willamina, OR: higher priced homes
- Sulligent, AL: less expensive homes
- Steens, MS: less expensive homes
- Moreland, GA: higher priced homes
- Abbeville, GA: less expensive homes
- Meeker, CO: higher priced homes
- Madison, WV: less expensive homes
- Lake of the Woods, AZ: equally priced homes
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