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 $338,056, lower than the New Jersey average of $388,929.
The average cost of rent is $1,479/mo in Milford, primarily driven by the current value of real estate in the Milford area. While nearly 34.26% of residents own their homes outright in Milford, 10.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Milford is $9,810 per month. Households that rent pay about 15.07% of their income on rent here. Milford's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Hughesville, NJ: higher priced homes
- Upper Black Eddy, PA: higher priced homes
- Bloomsbury, NJ: equally priced homes
- Finesville, NJ: less expensive homes
- West Portal, NJ: higher priced homes
- Erwinna, PA: higher priced homes
- Alpha, NJ: less expensive homes
- Frenchtown, NJ: higher priced homes
- Revere, PA: higher priced homes
- Riegelsville, PA: higher priced homes
Cities with Similar Populations
- Potomac Mills, VA: higher priced homes
- Providence, UT: equally priced homes
- Prosperity, SC: less expensive homes
- Prospect Park, PA: less expensive homes
- Prospect Park, NJ: less expensive homes
- Prescott, WI: less expensive homes
- Pratt, KS: less expensive homes
- Prairie Du Sac, WI: less expensive homes
- Poughquag, NY: equally priced homes
- Pulaski, WI: less expensive homes
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