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These days, finding an affordable place to live in the Milltown area can be challenging. Home prices in Milltown are now at a median cost of $148,540, lower than the Indiana average of $232,932.
The average cost of rent is $696/mo in Milltown, primarily driven by the current value of real estate in the Milltown area. In Milltown, 18.88% of households rent, and 42.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milltown is $4,662 per month. Households that rent pay about 14.94% of their income on rent here. Milltown’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Marengo, IN: less expensive homes
- Depauw, IN: higher priced homes
- Pilot Knob, IN: equally priced homes
- Curby, IN: equally priced homes
- Temple, IN: less expensive homes
- Ramsey, IN: higher priced homes
- White Cloud, IN: higher priced homes
- Hardinsburg, IN: higher priced homes
- Valeene, IN: higher priced homes
- English, IN: less expensive homes
Cities with Similar Populations
- Minotola, NJ: higher priced homes
- Prichard, WV: less expensive homes
- Pearblossom, CA: higher priced homes
- Parkston, SD: higher priced homes
- Overbrook, KS: higher priced homes
- Orland, ME: higher priced homes
- Ocean Gate, NJ: higher priced homes
- North Newton, KS: higher priced homes
- Nichols, NY: equally priced homes
- New Meadows, ID: higher priced homes
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