Home prices
The price of the median home in Milford is $259,000. This is about $21,520 (9%) higher compared to its surrounding areas.It is about $41,500 (19%) higher in comparison to the entire nation, and is roughly $347,000 (57%) lower in comparison to the city of New York.
Rents
The median rent in Milford is $1,301 per month. Compared to nearby areas this is approximately $145 (12%) higher.It is about $239 (22%) higher in comparison to the rest of the nation, and compared to the city of New York is approximately $142 (9%) lower.
Nearby places
Frenchtown
Frenchtown is roughly 3 miles southeast from Milford. Its housing prices are somewhat more expensive. The median home value in Frenchtown is $302,100, which is $43,100 (14%) higher than Milford. The rent there is fairly similar. Frenchtown's median monthly rent is $1,335, which is $34 (2%) higher than Milford.
Riegelsville
Riegelsville is approximately 5 miles west from Milford. The housing prices there are a bit less expensive. The median home in Riegelsville is valued at $244,500, which works out to $14,500 (5%) lower than Milford. Its rents are a little less expensive. The median monthly rent in Riegelsville is $1,184, which works out to $117 (9%) lower than Milford.
Bloomsbury
Bloomsbury is about 5 miles north of Milford. Its housing prices are fairly similar. The median home in Bloomsbury is valued at $256,700, which is very similar to Milford. Rents there are substantially less expensive. In Bloomsbury the median rent is $917 a month, which works out to $384 (41%) lower than Milford.
Alpha
Alpha is approximately 6 miles northwest from Milford. The housing prices there are substantially less expensive. The median home cost in Alpha is $193,700, which comes out to $65,300 (33%) lower than Milford. Rents there are a little less expensive. Alpha's median monthly rent is $1,031, which works out to $270 (26%) lower than Milford.
Upper Pohatcong
Upper Pohatcong is approximately 7 miles north of Milford. Housing prices there are a lot less expensive. The median home in Upper Pohatcong is valued at $190,400, which comes out to $68,600 (36%) lower than Milford. Rents there are fairly similar. Upper Pohatcong's median monthly rent is $1,311, which is very similar to Milford.
