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These days, finding an affordable place to live in the Milton area can be challenging. Home prices in Milton are now at a median cost of $433,961, higher than the Delaware average of $361,617.
The average cost of rent is $1,793/mo in Milton, primarily driven by the current value of real estate in the Milton area. In Milton, 13.12% of households rent, and 37.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milton is $7,812 per month. Households that rent pay about 22.95% of their income on rent here. Milton’s most expensive areas are in the northeastern 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.
Nearby Cities
- Williamsville, DE: equally priced homes
- Cool Spring, DE: higher priced homes
- Harbeson, DE: equally priced homes
- Primehook Beach, DE: higher priced homes
- Nassau, DE: less expensive homes
- Lewes, DE: higher priced homes
- Georgetown, DE: less expensive homes
- North Shores, DE: higher priced homes
- Redden, DE: less expensive homes
- Ellendale, DE: less expensive homes
Cities with Similar Populations
- Magnolia, DE: less expensive homes
- Rehoboth, MA: higher priced homes
- Rehoboth Beach, DE: higher priced homes
- Rantoul, IL: less expensive homes
- Mission Hills, CA: higher priced homes
- Millbury, MA: equally priced homes
- Massena, NY: less expensive homes
- Martin, TN: less expensive homes
- Marina Del Rey, CA: higher priced homes
- Mapleton, UT: higher priced homes
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