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Affordable
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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 $918,677, higher than the New York average of $610,895.
The average cost of rent is $3,428/mo in Millwood, primarily driven by the current value of real estate in the Millwood area. In Millwood, 13.41% of households rent, and 25.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Millwood is $16,656 per month. Households that rent pay about 20.58% of their income on rent here. Millwood’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
- Chappaqua, NY: higher priced homes
- Mount Kisco, NY: less expensive homes
- Ossining, NY: less expensive homes
- Briarcliff Manor, NY: equally priced homes
- Pleasantville, NY: equally priced homes
- Croton On Hudson, NY: less expensive homes
- Thornwood, NY: less expensive homes
- Stanwood, NY: equally priced homes
- Yorktown Heights, NY: less expensive homes
- Bedford Hills, NY: less expensive homes
Cities with Similar Populations
- Mountain Ranch, CA: less expensive homes
- Riceville, IA: less expensive homes
- Redwater, TX: less expensive homes
- Pringle, PA: less expensive homes
- Princeton, ME: less expensive homes
- Phillips, ME: less expensive homes
- Philipsburg, MT: less expensive homes
- Percy, IL: less expensive homes
- Oolitic, IN: less expensive homes
- Oakland, KY: less expensive homes
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