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These days, finding an affordable place to live in the Milligan area can be challenging. Home prices in Milligan are now at a median cost of $231,972, lower than the Indiana average of $232,932.
The average cost of rent is $564/mo in Milligan, primarily driven by the current value of real estate in the Milligan area. In Milligan, 21.34% of households rent, and 27.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milligan is $7,030 per month. Households that rent pay about 8.02% of their income on rent here. Milligan’s most expensive areas are in the eastern 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
- Waveland, IN: less expensive homes
- Russellville, IN: equally priced homes
- Guion, IN: equally priced homes
- Portland Mills, IN: equally priced homes
- Deer Mill, IN: less expensive homes
- Hollandsburg, IN: higher priced homes
- Nyesville, IN: equally priced homes
- Parkersburg, IN: equally priced homes
- Marshall, IN: less expensive homes
- Morton, IN: less expensive homes
Cities with Similar Populations
- Rexburg, MS: less expensive homes
- Ridgeway, MT: equally priced homes
- Richmondale, PA: less expensive homes
- Richland, WV: less expensive homes
- Richland, TN: higher priced homes
- Richey, MS: less expensive homes
- Rich, MS: less expensive homes
- Rich, AR: less expensive homes
- Rice, KS: less expensive homes
- Reynolds, NE: less expensive homes
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