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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 $424,140, higher than the Tennessee average of $315,131.
The average cost of rent is $1,103/mo in Milton, primarily driven by the current value of real estate in the Milton area. In Milton, 8.70% of households rent, and 48.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milton is $8,172 per month. Households that rent pay about 13.50% of their income on rent here. Milton’s most expensive areas are in the central 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
- Porterfield, TN: less expensive homes
- Lascassas, TN: equally priced homes
- Greenvale, TN: less expensive homes
- Auburntown, TN: less expensive homes
- Readyville, TN: less expensive homes
- Kittrell, TN: equally priced homes
- Pleasant Ridge, TN: less expensive homes
- Woodbury, TN: less expensive homes
- Roundtop, TN: less expensive homes
- Walterhill, TN: equally priced homes
Cities with Similar Populations
- Georgetown, FL: less expensive homes
- Wainaku, HI: higher priced homes
- Vistula, IN: less expensive homes
- Vineland, CO: less expensive homes
- Vallonia, IN: less expensive homes
- Valley Lee, MD: higher priced homes
- Turin, GA: less expensive homes
- Touchet, WA: higher priced homes
- Hawley, TX: less expensive homes
- Goldston, NC: less expensive homes
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