Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Milford area can be challenging. Home prices in New Milford are now at a median cost of $180,588, lower than the Pennsylvania average of $222,630.
The average cost of rent is $791/mo in New Milford, primarily driven by the current value of real estate in the New Milford area. While nearly 49.49% of residents own their homes outright in New Milford, 22.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Milford is $4,835 per month. Households that rent pay about 16.36% of their income on rent here. New Milford's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Heart Lake, PA: equally priced homes
- Lakeview, PA: higher priced homes
- Tiffany, PA: higher priced homes
- Harford, PA: equally priced homes
- Brushville, PA: less expensive homes
- Brooklyn, PA: higher priced homes
- Kingsley, PA: higher priced homes
- Jackson, PA: higher priced homes
- Susquehanna, PA: less expensive homes
- Franklin Forks, PA: less expensive homes
Cities with Similar Populations
- Bozrah, CT: higher priced homes
- Burnside, KY: less expensive homes
- Candor, NC: less expensive homes
- Climax, GA: equally priced homes
- Roseland, LA: less expensive homes
- Linden, TX: less expensive homes
- Lyndon Station, WI: equally priced homes
- Magnolia Gardens, TX: less expensive homes
- Makanda, IL: equally priced homes
- Markesan, WI: equally priced homes
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