Home Price Key
Affordable
Average
Expensive
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 $133,392, lower than the Kalamazoo average of $179,662.
The average cost of rent is $891/mo in Milwood, primarily driven by the current value of real estate in the Milwood area. While nearly 42.54% of residents own their homes outright in Milwood, 44.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Milwood is $5,208 per month. Households that rent pay about 17.10% of their income on rent here. Milwood's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Edison, Kalamazoo, MI: less expensive homes
- Westnedge Hill, Kalamazoo, MI: higher priced homes
- South Westnedge, Kalamazoo, MI: equally priced homes
- Vine, Kalamazoo, MI: less expensive homes
- Oakland-Winchell, Kalamazoo, MI: higher priced homes
- Western Michigan University-KRPH, Kalamazoo, MI: higher priced homes
- Northside, Kalamazoo, MI: less expensive homes
- Knollwood, Kalamazoo, MI: equally priced homes
- Arcadia, Kalamazoo, MI: higher priced homes
- Burke Acres, Kalamazoo, MI: less expensive homes
Neighborhoods with Similar Populations
- Avalon Highlands, Chicago, IL: higher priced homes
- Rohnerville, Fortuna, CA: higher priced homes
- Rossville, Staten Island, NY: higher priced homes
- South Beaverton, Beaverton, OR: higher priced homes
- South Coconut Grove, Miami, FL: higher priced homes
- Twain, Iowa City, IA: higher priced homes
- Union Hill, Worcester, MA: higher priced homes
- Union Square, San Francisco, CA: higher priced homes
- Weinland Park, Columbus, OH: higher priced homes
- Elvira, Summit, AZ: equally priced homes
All Local Stats
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