Home prices
The value of the median home in Milford is $60,600. Compared to nearby areas it is roughly $14,600 (19%) lower.Compared to the entire nation it is about $156,900 (72%) lower, and it is approximately $197,400 (76%) lower compared to the city of Chicago.
Rents
Milford's median monthly rent is $601. In comparison to nearby areas it is about $71 (10%) lower.It is roughly $461 (43%) lower compared to the United States as a whole, and compared to the city of Chicago is about $511 (45%) lower.
Nearby places
Wellington
Wellington is roughly 5 miles south of Milford. Its real estate prices are pretty similar. The median home in Wellington costs $58,800, which works out to $1,800 (3%) lower than Milford. Its rents are pretty similar. In Wellington the median rent is $617 per month, which is $16 (2%) higher than Milford.
Woodland
Woodland is about 6 miles north of Milford. Housing prices there are somewhat more expensive. The median home in Woodland is valued at $66,700, which is $6,100 (9%) higher than Milford. Rents there are somewhat more expensive. The median rent in Woodland is $755 a month, which is $154 (20%) higher than Milford.
Cissna Park
Cissna Park is about 9 miles southwest of Milford. Housing prices there are significantly more expensive. The median home price in Cissna Park is $100,800, which works out to $40,200 (39%) higher than Milford. Rents there are similar. In Cissna Park the median rent is $614 per month, which comes out to $13 (2%) higher than Milford.
Watseka
Watseka is approximately 10 miles north from Milford. Housing prices there are somewhat more expensive. The median home in Watseka is valued at $85,500, which comes out to $24,900 (29%) higher than Milford. The rent there is a little more expensive. The median rent in Watseka is $648 a month, which comes out to $47 (7%) higher than Milford.
Sheldon
Sheldon is roughly 11 miles northeast from Milford. Its real estate prices are a little more expensive. Sheldon's median home cost is $64,200, which works out to $3,600 (5%) higher than Milford. Its rents are a bit more expensive. In Sheldon the median rent is $725 per month, which works out to $124 (17%) higher than Milford.
