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These days, finding an affordable place to live in the South Milford area can be challenging. Home prices in South Milford are now at a median cost of $203,772, lower than the Indiana average of $232,932.
The average cost of rent is $1,007/mo in South Milford, primarily driven by the current value of real estate in the South Milford area. In South Milford, 2.40% of households rent, and 47.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Milford is $9,393 per month. Households that rent pay about 10.72% of their income on rent here. South Milford’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Indianola, IN: higher priced homes
- Wayne Center, IN: equally priced homes
- Shady Nook, IN: equally priced homes
- Woodruff, IN: higher priced homes
- Wolcottville, IN: higher priced homes
- Mount Pisgah, IN: higher priced homes
- Helmer, IN: higher priced homes
- Kendallville, IN: less expensive homes
- Hudson, IN: less expensive homes
- Rome City, IN: higher priced homes
Cities with Similar Populations
- Mayton, MS: equally priced homes
- Russellville, SC: equally priced homes
- Royalton, IN: higher priced homes
- Ross, MN: equally priced homes
- Roslin, TN: less expensive homes
- Rosindale, NC: less expensive homes
- Roseland, NE: less expensive homes
- Rosebud, MT: higher priced homes
- Rose City, TX: less expensive homes
- Rolla, AR: less expensive homes
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