The Most Affordable Neighborhoods in Milford Mill, MD by Home Value

 

Milford Mill, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Milford Mill area can be challenging. Home prices in Milford Mill are now at a median cost of $221,739, lower than the Maryland average of $357,815.

The average cost of rent is $1,510/mo in Milford Mill, primarily driven by the current value of real estate in the Milford Mill area. While nearly 27.44% of residents own their homes outright in Milford Mill, 48.65% rent.

Housing affordability isn’t just about home prices, though. The average household income in Milford Mill is $6,197 per month. Households that rent pay about 24.36% of their income on rent here. Milford Mill's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.


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