Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Old Milan area can be challenging. Home prices in Old Milan are now at a median cost of $199,300, higher than the Indiana average of $175,617.
The average cost of rent is $893/mo in Old Milan, primarily driven by the current value of real estate in the Old Milan area. While nearly 61.02% of residents own their homes outright in Old Milan, 34.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Old Milan is $5,620 per month. Households that rent pay about 15.89% of their income on rent here. Old Milan's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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Cities with Similar Populations
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