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 $156,826, lower than the New York average of $481,023.
The average cost of rent is $787/mo in Milford, primarily driven by the current value of real estate in the Milford area. While nearly 44.54% of residents own their homes outright in Milford, 25.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Milford is $4,947 per month. Households that rent pay about 15.91% of their income on rent here. Milford's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Westville, NY: higher priced homes
- Portlandville, NY: less expensive homes
- Milford Center, NY: higher priced homes
- Maryland, NY: less expensive homes
- Mount Vision, NY: equally priced homes
- Hartwick, NY: higher priced homes
- Cooperstown, NY: higher priced homes
- Cooperstown Junction, NY: less expensive homes
- Schenevus, NY: less expensive homes
- Colliersville, NY: higher priced homes
Cities with Similar Populations
- Goodland, IN: less expensive homes
- Spring Valley, MO: equally priced homes
- Skandia, MI: higher priced homes
- Laurens, NY: less expensive homes
- Horrel Hill, SC: higher priced homes
- Hooper, NE: equally priced homes
- Hill City, GA: less expensive homes
- Hessel, MI: less expensive homes
- Hatton, ND: equally priced homes
- Harrisonville, PA: higher priced homes
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