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These days, finding an affordable place to live in the Milstead area can be challenging. Home prices in Milstead are now at a median cost of $190,752, lower than the Alabama average of $228,911.
The average cost of rent is $883/mo in Milstead, primarily driven by the current value of real estate in the Milstead area. In Milstead, 23.17% of households rent, and 37.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milstead is $5,753 per month. Households that rent pay about 15.36% of their income on rent here. Milstead’s most expensive areas are in the southern 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
- Cherokee Bluffs, AL: equally priced homes
- Tallassee, AL: equally priced homes
- Carrville, AL: less expensive homes
- Tysonville, AL: less expensive homes
- Shorter, AL: less expensive homes
- Tallapoosa City, AL: less expensive homes
- Reeltown, AL: less expensive homes
- Emerald Mountain, AL: higher priced homes
- Ware, AL: higher priced homes
- Brassell, AL: higher priced homes
Cities with Similar Populations
- Saddle Rock, NY: higher priced homes
- Kents Hill, ME: higher priced homes
- Kyote, TX: equally priced homes
- Lake St. Croix Beach, MN: higher priced homes
- Langsville, OH: less expensive homes
- Mainsville, PA: higher priced homes
- Red Feather Lakes, CO: higher priced homes
- Red Mesa, AZ: less expensive homes
- Rives, TN: equally priced homes
- Rocky Comfort, MO: less expensive homes
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