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 $147,689, lower than the Maine average of $243,042.
The average cost of rent is $938/mo in Milford, primarily driven by the current value of real estate in the Milford area. While nearly 37.08% of residents own their homes outright in Milford, 19.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in Milford is $4,793 per month. Households that rent pay about 19.57% of their income on rent here. Milford's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Old Town, ME: equally priced homes
- Bradley, ME: equally priced homes
- Orono, ME: higher priced homes
- Indian Island Penobscot Indian Reservation, ME: equally priced homes
- Costigan, ME: less expensive homes
- West Old Town, ME: equally priced homes
- Greenbush, ME: less expensive homes
- Cardville, ME: less expensive homes
- Greenfield, ME: less expensive homes
- Eddington, ME: higher priced homes
Cities with Similar Populations
- Darien, WI: higher priced homes
- Lyford, TX: less expensive homes
- Lincolnville, ME: higher priced homes
- Hull, IA: higher priced homes
- Golden, MS: less expensive homes
- Eldora, IA: less expensive homes
- Far Hills, NJ: higher priced homes
- Edgar, WI: equally priced homes
- Rugby, ND: less expensive homes
- Rush, NY: higher priced homes
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