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These days, finding an affordable place to live in the Millboro Springs area can be challenging. Home prices in Millboro Springs are now at a median cost of $146,463, lower than the Virginia average of $443,089.
The average cost of rent is $642/mo in Millboro Springs, primarily driven by the current value of real estate in the Millboro Springs area. In Millboro Springs, 24.86% of households rent, and 43.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Millboro Springs is $3,705 per month. Households that rent pay about 17.34% of their income on rent here. Millboro Springs’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Millboro, VA: higher priced homes
- Mitchelltown, VA: higher priced homes
- Griffith, VA: less expensive homes
- Denmark, VA: higher priced homes
- McClung, VA: higher priced homes
- Goshen, VA: higher priced homes
- Yost, VA: higher priced homes
- Longdale, VA: less expensive homes
- Kerrs Creek, VA: higher priced homes
- West Warm Springs, VA: higher priced homes
Cities with Similar Populations
- Schaffer, MI: higher priced homes
- Mount Carmel, OH: higher priced homes
- Mount Erie, IL: less expensive homes
- Mount Gilead, TN: less expensive homes
- Mount Ida, WI: higher priced homes
- Mount Vernon, NC: higher priced homes
- Mount Zion, TN: higher priced homes
- Muir, PA: higher priced homes
- Nason, MS: higher priced homes
- Nebo, AR: less expensive homes
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