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Affordable
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These days, finding an affordable place to live in the Millenia area can be challenging. Home prices in Millenia are now at a median cost of $289,303, lower than the Orlando average of $384,607.
The average cost of rent is $1,734/mo in Millenia, primarily driven by the current value of real estate in the Millenia area. In Millenia, 92.76% of households rent, and 29.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Millenia is $5,049 per month. Households that rent pay about 34.35% of their income on rent here. Millenia’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Cannongate-Orlando, Oak Ridge, FL: less expensive homes
- Florida Center North, Orlando, FL: less expensive homes
- Park Central, Orlando, FL: less expensive homes
- Americana, Oak Ridge, FL: less expensive homes
- Florida Center, Orlando, FL: equally priced homes
- Tymber Skan on the Lake, Orlando, FL: less expensive homes
- Camellia Gardens, Orlando, FL: equally priced homes
- Kirkman South, Orlando, FL: higher priced homes
- Richmond Heights-Orlando, Orlando, FL: less expensive homes
- Rio Grande Park, Orlando, FL: equally priced homes
Neighborhoods with Similar Populations
- Yorkmount, Charlotte, NC: less expensive homes
- Cleveland Park, Washington, DC: higher priced homes
- Devon-Walnut Beach, Milford, CT: higher priced homes
- East Bench, Salt Lake City, UT: higher priced homes
- Five Oaks, Beaverton, OR: higher priced homes
- Glendale-Heatherdowns, Toledo, OH: less expensive homes
- Greenland, Jacksonville, FL: higher priced homes
- Near Southside, Columbus, OH: less expensive homes
- Ledroit Park, Washington, DC: higher priced homes
- North Deering, Portland, ME: higher priced homes
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