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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 $176,931, lower than the Indiana average of $232,932.
The average cost of rent is $1,034/mo in Milo, primarily driven by the current value of real estate in the Milo area. In Milo, 22.40% of households rent, and 45.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milo is $5,155 per month. Households that rent pay about 20.06% of their income on rent here. Milo’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Warren, IN: equally priced homes
- Dillman, IN: higher priced homes
- Van Buren, IN: less expensive homes
- Pleasant Plain, IN: equally priced homes
- Farrville, IN: higher priced homes
- Plum Tree, IN: equally priced homes
- Mount Zion, IN: equally priced homes
- Hanfield, IN: equally priced homes
- Lancaster, IN: higher priced homes
- Mount Etna, IN: higher priced homes
Cities with Similar Populations
- Royals Crossroads, FL: less expensive homes
- Medart, FL: higher priced homes
- Medora, ND: higher priced homes
- Meeks, IL: less expensive homes
- Melville, MT: higher priced homes
- Melvin Mills, NH: higher priced homes
- Menlow, TX: higher priced homes
- Metalton, AR: equally priced homes
- Middleton Corner, OH: higher priced homes
- Millcreek, MO: higher priced homes
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