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These days, finding an affordable place to live in the Millwood area can be challenging. Home prices in Millwood are now at a median cost of $147,872, lower than the Georgia average of $324,634.
The average cost of rent is $727/mo in Millwood, primarily driven by the current value of real estate in the Millwood area. In Millwood, 22.96% of households rent, and 43.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Millwood is $5,184 per month. Households that rent pay about 14.02% of their income on rent here. Millwood’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bickley, GA: less expensive homes
- Manor, GA: less expensive homes
- Sand Hill, GA: less expensive homes
- Axson, GA: less expensive homes
- Waycross, GA: less expensive homes
- Pearson, GA: less expensive homes
- Blackshear, GA: higher priced homes
- Dixie Union, GA: less expensive homes
- Hoboken, GA: equally priced homes
- Willacoochee, GA: less expensive homes
Cities with Similar Populations
- Versailles, PA: less expensive homes
- DeMossville, KY: higher priced homes
- Deweyville, TX: less expensive homes
- Dow, IL: equally priced homes
- Doyle, TN: higher priced homes
- Dunnegan, MO: higher priced homes
- Durham, FL: equally priced homes
- Dushore, PA: higher priced homes
- Escobares, TX: less expensive homes
- Vickery, OH: higher priced homes
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