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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 $377,437, lower than the New Hampshire average of $417,591.
The average cost of rent is $1,562/mo in Milford, primarily driven by the current value of real estate in the Milford area. In Milford, 36.53% of households rent, and 26.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milford is $8,507 per month. Households that rent pay about 18.36% of their income on rent here. Milford’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Brookline, NH: higher priced homes
- Amherst, NH: higher priced homes
- Wilton, NH: equally priced homes
- Mont Vernon, NH: higher priced homes
- Brookline, NH: higher priced homes
- High Bridge, NH: equally priced homes
- Hollis, NH: higher priced homes
- South Lyndeboro, NH: equally priced homes
- Merrimack, NH: higher priced homes
- Lyndeborough, NH: equally priced homes
Cities with Similar Populations
- Monticello, KY: less expensive homes
- Princeton, MN: less expensive homes
- Princeton Meadows, NJ: higher priced homes
- Portage, WI: less expensive homes
- Port Washington, WI: less expensive homes
- Port Washington, NY: higher priced homes
- Port Royal, SC: equally priced homes
- Port Neches, TX: less expensive homes
- Nesconset, NY: higher priced homes
- Nashville, NC: less expensive homes
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