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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 $295,715, lower than the Florida average of $396,783.
The average cost of rent is $1,482/mo in Milton, primarily driven by the current value of real estate in the Milton area. In Milton, 24.60% 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 Milton is $7,594 per month. Households that rent pay about 19.52% of their income on rent here. Milton’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pace, FL: equally priced homes
- Bagdad, FL: less expensive homes
- East Milton, FL: less expensive homes
- Allentown, FL: less expensive homes
- Ferry Pass, FL: equally priced homes
- Gonzalez, FL: equally priced homes
- Cottage Hill, FL: less expensive homes
- Ensley, FL: less expensive homes
- Cantonment, FL: equally priced homes
- Mineral Springs, FL: equally priced homes
Cities with Similar Populations
- Beavercreek, OH: equally priced homes
- Holly Springs, NC: higher priced homes
- Rancho Santa Margarita, CA: higher priced homes
- Hurst, TX: equally priced homes
- Jeffersonville, IN: less expensive homes
- Lagrange, GA: less expensive homes
- Lake City, FL: less expensive homes
- Antelope, CA: higher priced homes
- Wauwatosa, WI: higher priced homes
- Los Banos, CA: higher priced homes
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