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Affordable
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These days, finding an affordable place to live in the Millfield area can be challenging. Home prices in Millfield are now at a median cost of $152,712, lower than the Ohio average of $236,816.
The average cost of rent is $836/mo in Millfield, primarily driven by the current value of real estate in the Millfield area. In Millfield, 18.16% of households rent, and 71.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Millfield is $4,792 per month. Households that rent pay about 17.45% of their income on rent here. Millfield’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chauncey, OH: less expensive homes
- Stewart, OH: less expensive homes
- Jacksonville, OH: less expensive homes
- The Plains, OH: higher priced homes
- Trimble, OH: less expensive homes
- Carbondale, OH: equally priced homes
- Glouster, OH: less expensive homes
- Hamley Run, OH: higher priced homes
- Buchtel, OH: equally priced homes
- New Floodwood, OH: higher priced homes
Cities with Similar Populations
- Stockton Springs, ME: higher priced homes
- Edgerton, MN: equally priced homes
- Elgin, MN: higher priced homes
- Faulconer, KY: higher priced homes
- Grand Ronde, OR: higher priced homes
- Harmony, MN: higher priced homes
- Krotz Springs, LA: less expensive homes
- Leeds, ME: higher priced homes
- Maysville, MO: equally priced homes
- Sonora, OH: higher priced homes
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