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These days, finding an affordable place to live in the Millgrove area can be challenging. Home prices in Millgrove are now at a median cost of $132,752, lower than the Indiana average of $232,932.
The average cost of rent is $785/mo in Millgrove, primarily driven by the current value of real estate in the Millgrove area. In Millgrove, 8.65% of households rent, and 50.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Millgrove is $6,237 per month. Households that rent pay about 12.59% of their income on rent here. Millgrove’s most expensive areas are in the western 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
- Trenton, IN: equally priced homes
- Dunkirk, IN: less expensive homes
- Hartford City, IN: less expensive homes
- Granville, IN: higher priced homes
- Eaton, IN: equally priced homes
- Shamrock Lakes, IN: higher priced homes
- Albany, IN: higher priced homes
- Redkey, IN: equally priced homes
- Como, IN: higher priced homes
- Montpelier, IN: less expensive homes
Cities with Similar Populations
- Olivet, WI: higher priced homes
- Mount Vernon, MI: higher priced homes
- Naomi, SD: higher priced homes
- Nash, OK: less expensive homes
- New Athens, OH: higher priced homes
- New Corydon, IN: higher priced homes
- Nineveh Junction, NY: higher priced homes
- North Westminster, VT: higher priced homes
- Odd Fellows Hall, TN: higher priced homes
- Mount Pleasant, IL: equally priced homes
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