The Most Affordable Neighborhoods in Milo Mills, NY by Home Value

These days, finding an affordable place to live in the Milo Mills area can be challenging. Home prices in Milo Mills are now at a median cost of $172,314, lower than the New York average of $610,895.

The average cost of rent is $655/mo in Milo Mills, primarily driven by the current value of real estate in the Milo Mills area. In Milo Mills, 25.46% of households rent, and 53.69% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Milo Mills is $5,536 per month. Households that rent pay about 11.83% of their income on rent here. Milo Mills’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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