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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 $165,705, lower than the Indiana average of $232,932.
The average cost of rent is $788/mo in Milton, primarily driven by the current value of real estate in the Milton area. In Milton, 9.15% of households rent, and 43.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milton is $6,855 per month. Households that rent pay about 11.50% of their income on rent here. Milton’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Connersville, IN: less expensive homes
- Lyonsville, IN: higher priced homes
- Alquina, IN: higher priced homes
- Everton, IN: less expensive homes
- Harrisburg, IN: equally priced homes
- Columbia, IN: less expensive homes
- Dunlapsville, IN: equally priced homes
- Brownsville, IN: higher priced homes
- Roseburg, IN: equally priced homes
- Philomath, IN: higher priced homes
Cities with Similar Populations
- Sedalia, NC: higher priced homes
- Hamler, OH: equally priced homes
- Harkers Island, NC: higher priced homes
- Harrietts Bluff, GA: higher priced homes
- Iona, OK: higher priced homes
- Rich Creek, VA: less expensive homes
- Ridgecrest, SC: equally priced homes
- Sand Rock, AL: higher priced homes
- Schodack Landing, NY: higher priced homes
- Great Bend, PA: higher priced homes
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