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 $73,270, lower than the Illinois average of $242,002.
The average cost of rent is $676/mo in Milford, primarily driven by the current value of real estate in the Milford area. While nearly 47.29% of residents own their homes outright in Milford, 24.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Milford is $4,278 per month. Households that rent pay about 15.80% of their income on rent here. Milford's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Schwer, IL: higher priced homes
- Wellington, IL: higher priced homes
- Hallock, IL: equally priced homes
- Claytonville, IL: higher priced homes
- Woodland, IL: higher priced homes
- Woodworth, IL: higher priced homes
- Freeland Park, IN: higher priced homes
- Goodwine, IL: higher priced homes
- Watseka, IL: higher priced homes
- Fountain Creek, IL: higher priced homes
Cities with Similar Populations
- Guys Mills, PA: higher priced homes
- St. Francis, KS: higher priced homes
- South Beach, OR: higher priced homes
- Manitou, KY: higher priced homes
- Loch Sheldrake, NY: higher priced homes
- Kaaawa, HI: higher priced homes
- Jonesburg, MO: higher priced homes
- Inglewood, NE: higher priced homes
- Holland, TX: higher priced homes
- St. Inigoes, MD: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood