Home Price Key
Affordable
Average
Expensive
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 $287,441, higher than the Missouri average of $194,908.
The average cost of rent is $700/mo in Millwood, primarily driven by the current value of real estate in the Millwood area. While nearly 55.67% of residents own their homes outright in Millwood, 6.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Millwood is $7,963 per month. Households that rent pay about 8.79% of their income on rent here. Millwood's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
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