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These days, finding an affordable place to live in the Millboro area can be challenging. Home prices in Millboro are now at a median cost of $182,562, lower than the Virginia average of $443,089.
The average cost of rent is $560/mo in Millboro, primarily driven by the current value of real estate in the Millboro area. In Millboro, 25.52% of households rent, and 57.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Millboro is $3,976 per month. Households that rent pay about 14.09% of their income on rent here. Millboro’s most expensive areas are in the northern regions, while the cheapest areas are in the southern 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 Springs, VA: less expensive homes
- McClung, VA: higher priced homes
- Mitchelltown, VA: equally priced homes
- Yost, VA: higher priced homes
- Goshen, VA: higher priced homes
- Griffith, VA: less expensive homes
- West Warm Springs, VA: higher priced homes
- Warm Springs, VA: higher priced homes
- Williamsville, VA: higher priced homes
- Patna, VA: higher priced homes
Cities with Similar Populations
- Nelsonville, KY: higher priced homes
- Millerville, MN: higher priced homes
- Millgrove, IN: less expensive homes
- Millstone, KY: less expensive homes
- Mode, IL: less expensive homes
- Montana Mines, WV: higher priced homes
- Montpelier, IA: higher priced homes
- Moriah Center, NY: less expensive homes
- Mountfair, VA: higher priced homes
- Neelyton, PA: higher priced homes
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