Similar to its nearby areas, it's significantly less expensive compared to the nation as a whole. However it is significantly more expensive compared to the city of Cleveland.
Home prices
Lake Milton's median home price is $122,700. It is approximately $4,680 (3%) higher compared to the surrounding areas.It is about $94,800 (43%) lower compared to the entire country, and is about $53,100 (76%) higher compared to the city of Cleveland.
Rents
Lake Milton's median rent is $740 per month. It is about $77 (9%) lower compared to the surrounding areas.It is about $322 (30%) lower in comparison to the US as a whole, and compared to the city of Cleveland is roughly $21 (2%) higher.
Nearby places
Craig Beach
Craig Beach is roughly 1 mile north of Lake Milton. Its housing prices are a bit less expensive. The median home in Craig Beach costs $103,600, which comes out to $19,100 (18%) lower than Lake Milton. Its rents are a bit more expensive. Craig Beach's median rent is $806 per month, which works out to $66 (8%) higher than Lake Milton.
South Canal
South Canal is about 5 miles north of Lake Milton. Its real estate prices are a bit more expensive. The median home in South Canal is valued at $142,700, which comes out to $20,000 (14%) higher than Lake Milton. The rent there is a bit more expensive. The median rent in South Canal is $850 per month, which works out to $110 (12%) higher than Lake Milton.
Newton Falls
Newton Falls is about 6 miles north from Lake Milton. Real estate prices there are substantially less expensive. Newton Falls's median home cost is $90,800, which is $31,900 (35%) lower than Lake Milton. Rent there is a bit less expensive. Newton Falls's median rent is $660 per month, which comes out to $80 (12%) lower than Lake Milton.
Lordstown
Lordstown is approximately 7 miles northeast of Lake Milton. Real estate prices there are a little more expensive. The median home in Lordstown is valued at $136,100, which is $13,400 (9%) higher than Lake Milton. The rent there is somewhat less expensive. Lordstown's median rent is $682 per month, which comes out to $58 (8%) lower than Lake Milton.
Atwater
Atwater is approximately 9 miles southwest of Lake Milton. Its housing prices are similar. The cost of the median home in Atwater is $116,900, which works out to $5,800 (4%) lower than Lake Milton. Rent there is a bit more expensive. The median monthly rent in Atwater is $1,086, which comes out to $346 (31%) higher than Lake Milton.