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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 $214,174, lower than the Missouri average of $246,641.
The average cost of rent is $762/mo in Milo, primarily driven by the current value of real estate in the Milo area. In Milo, 19.06% of households rent, and 59.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milo is $5,134 per month. Households that rent pay about 14.85% of their income on rent here. Milo’s most expensive areas are in the northwestern 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
- Sheldon, MO: less expensive homes
- Nevada, MO: less expensive homes
- Moundville, MO: less expensive homes
- Montevallo, MO: less expensive homes
- Horton, MO: less expensive homes
- Walker, MO: less expensive homes
- Bronaugh, MO: less expensive homes
- Dederick, MO: less expensive homes
- Deerfield, MO: less expensive homes
- Verdella, MO: equally priced homes
Cities with Similar Populations
- Goretown, SC: less expensive homes
- Taos, MO: higher priced homes
- Swifton, AR: less expensive homes
- Sunset, GA: less expensive homes
- Spears Corner, ME: higher priced homes
- South Sterling, PA: higher priced homes
- Shafter, IL: equally priced homes
- Rosston, AR: less expensive homes
- Hanna, IN: less expensive homes
- Greenwood, TX: higher priced homes
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