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 $213,460, lower than the Virginia average of $323,261.
The average cost of rent is $965/mo in Milford, primarily driven by the current value of real estate in the Milford area. While nearly 33.40% of residents own their homes outright in Milford, 18.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Milford is $6,099 per month. Households that rent pay about 15.82% of their income on rent here. Milford's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Bowling Green, VA: equally priced homes
- DeJarnett, VA: equally priced homes
- Paige, VA: equally priced homes
- Penola, VA: equally priced homes
- Shumansville, VA: equally priced homes
- Sparta, VA: equally priced homes
- Jones Corner, VA: equally priced homes
- Kidds Fork, VA: equally priced homes
- Washington Corner, VA: higher priced homes
- Welchs, VA: less expensive homes
Cities with Similar Populations
- Parchment, MI: less expensive homes
- Harrisville, WV: less expensive homes
- Hickory Flat, MS: less expensive homes
- Hooker, OK: less expensive homes
- Huntington, AR: less expensive homes
- Huntington, MA: equally priced homes
- Hustisford, WI: equally priced homes
- Mayville, ND: less expensive homes
- Ada, MN: less expensive homes
- Mount Perry, OH: less expensive homes
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