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These days, finding an affordable place to live in the Mill River area can be challenging. Home prices in Mill River are now at a median cost of $569,711, lower than the Massachusetts average of $625,090.
The average cost of rent is $2,614/mo in Mill River, primarily driven by the current value of real estate in the Mill River area. In Mill River, 5.17% of households rent, and 42.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mill River is $9,871 per month. Households that rent pay about 26.48% of their income on rent here. Mill River’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Southfield, MA: equally priced homes
- Hartsville, MA: equally priced homes
- Ashley Falls, MA: less expensive homes
- Sheffield, MA: less expensive homes
- New Marlboro, MA: less expensive homes
- Berkshire Heights, MA: equally priced homes
- Canaan, CT: less expensive homes
- Monterey, MA: equally priced homes
- East Canaan, CT: less expensive homes
- Belcher Square, MA: equally priced homes
Cities with Similar Populations
- Saulsville, WV: less expensive homes
- Sand Springs, IA: less expensive homes
- Sandfordville, NY: less expensive homes
- Sandlick, WV: less expensive homes
- Sandy Creek, NC: less expensive homes
- Sandy Fork, TX: less expensive homes
- Sandy Hollow-Escondidas, TX: less expensive homes
- Sandy Lane, TN: less expensive homes
- Sardinia, IN: less expensive homes
- Sardis, SC: less expensive homes
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