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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 $171,517, lower than the Kentucky average of $219,615.
The average cost of rent is $850/mo in Milton, primarily driven by the current value of real estate in the Milton area. In Milton, 22.98% of households rent, and 54.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milton is $6,314 per month. Households that rent pay about 13.46% of their income on rent here. Milton’s most expensive areas are in the northwestern 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
- North Madison, IN: higher priced homes
- Madison, IN: higher priced homes
- Hanover, IN: equally priced homes
- Monitor, KY: higher priced homes
- Bedford, KY: higher priced homes
- Saluda, IN: equally priced homes
- Mount Pleasant, KY: higher priced homes
- Brooksburg, IN: higher priced homes
- Smyrna, IN: higher priced homes
- Manville, IN: higher priced homes
Cities with Similar Populations
- Sylvania, AL: equally priced homes
- Marathon, WI: higher priced homes
- Marmaduke, AR: less expensive homes
- Martinsville, TX: higher priced homes
- Belle, MO: higher priced homes
- New Johnsonville, TN: equally priced homes
- Prospect, PA: higher priced homes
- Salina, UT: higher priced homes
- San Geronimo, TX: higher priced homes
- Simsboro, LA: less expensive homes
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