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These days, finding an affordable place to live in the Milwood area can be challenging. Home prices in Milwood are now at a median cost of $314,624, lower than the Austin average of $356,096.
The average cost of rent is $1,571/mo in Milwood, primarily driven by the current value of real estate in the Milwood area. While nearly 34.37% of residents own their homes outright in Milwood, 58.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Milwood is $7,855 per month. Households that rent pay about 20.00% of their income on rent here. Milwood's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- North Burnet, Austin, TX: equally priced homes
- Northwest Austin, Austin, TX: equally priced homes
- North Shoal Creek, Austin, TX: higher priced homes
- North Austin, Austin, TX: less expensive homes
- Mesa Forest, Austin, TX: higher priced homes
- Wooten, Austin, TX: higher priced homes
- Fern Bluff, Brushy Creek, TX: less expensive homes
- North Lamar, Austin, TX: less expensive homes
- Mountain Creek, Pflugerville, TX: less expensive homes
- Allandale, Austin, TX: higher priced homes
Neighborhoods with Similar Populations
- Fenton Area, Fenton, MO: less expensive homes
- Alamo Farmsteads-Babcock Road, San Antonio, TX: less expensive homes
- South Central Westminster, Westminster, CO: less expensive homes
- Phoebus, Hampton, VA: less expensive homes
- Outer Mission, San Francisco, CA: higher priced homes
- Olympic Hills, Seattle, WA: higher priced homes
- Hough, Cleveland, OH: less expensive homes
- Glendale, Salt Lake City, UT: less expensive homes
- Englewood Park, Orlando, FL: less expensive homes
- Eastmont, Oakland, CA: higher priced homes
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