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Affordable
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These days, finding an affordable place to live in the Milo area can be challenging. Home prices in Milo are now at a median cost of $263,281, higher than the Iowa average of $226,062.
The average cost of rent is $817/mo in Milo, primarily driven by the current value of real estate in the Milo area. In Milo, 6.78% of households rent, and 33.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milo is $8,498 per month. Households that rent pay about 9.61% of their income on rent here. Milo’s most expensive areas are in the southwestern 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
- Ackworth, IA: higher priced homes
- Sandyville, IA: higher priced homes
- Lacona, IA: less expensive homes
- Liberty Center, IA: higher priced homes
- Indianola, IA: equally priced homes
- Medora, IA: higher priced homes
- Dallas, IA: less expensive homes
- Palmyra, IA: higher priced homes
- Summerset, IA: higher priced homes
- Newbern, IA: less expensive homes
Cities with Similar Populations
- Avalon, NJ: higher priced homes
- Weir, MS: less expensive homes
- Wells, NV: less expensive homes
- Cheshire, OR: higher priced homes
- Wooton, KY: less expensive homes
- Cartwright, OK: less expensive homes
- Atwood, IN: less expensive homes
- Brandy Station, VA: higher priced homes
- Bonnieville, KY: less expensive homes
- Bloomfield, NE: less expensive homes
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