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Affordable
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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 $81,661, lower than the Iowa average of $226,062.
The average cost of rent is $635/mo in Milton, primarily driven by the current value of real estate in the Milton area. In Milton, 7.93% of households rent, and 64.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milton is $5,446 per month. Households that rent pay about 11.66% of their income on rent here. Milton’s most expensive areas are in the southwestern 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
- Cantril, IA: higher priced homes
- Troy, IA: higher priced homes
- Pulaski, IA: higher priced homes
- Pittsburg, IA: higher priced homes
- Leando, IA: higher priced homes
- Azen, MO: higher priced homes
- Stiles, IA: higher priced homes
- White Elm, IA: higher priced homes
- Lebanon, IA: higher priced homes
- Keosauqua, IA: higher priced homes
Cities with Similar Populations
- Soudan, MN: higher priced homes
- Glen Campbell, PA: higher priced homes
- Glen Rose, AR: higher priced homes
- Gloucester, NC: higher priced homes
- Godley, IL: higher priced homes
- Gouldsboro, ME: higher priced homes
- Granby Center, NY: higher priced homes
- Granite, ID: higher priced homes
- Grant, OK: higher priced homes
- Savage, KY: higher priced homes
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