Home prices
The median home price in Milbank is $130,600. In comparison to other places in this area it is about $65,200 (99%) higher.In comparison to the country as a whole it is about $86,900 (39%) lower, and in comparison to the city of Brookings is about $50,400 (27%) lower.
Rents
In Milbank the median rent is $617 per month. In comparison to other places in this area this is is very similar.In comparison to the entire country it is approximately $445 (41%) lower, and compared to the city of Brookings is about $136 (18%) lower.
Nearby places
Big Stone City
Big Stone City is approximately 8 miles northeast of Milbank. Its real estate prices are a lot less expensive. Big Stone City's median home value is $76,800, which is $53,800 (70%) lower than Milbank. Rent there is a bit more expensive. Big Stone City's median monthly rent is $712, which works out to $95 (13%) higher than Milbank.
Ortonville
Ortonville is about 9 miles northeast from Milbank. Housing prices there are significantly less expensive. The median home in Ortonville is valued at $88,100, which works out to $42,500 (48%) lower than Milbank. Rents there are a little less expensive. Ortonville's median monthly rent is $570, which is $47 (8%) lower than Milbank.
Stockholm
Stockholm is approximately 10 miles southwest from Milbank. The real estate prices there are significantly less expensive. The median home in Stockholm is valued at $68,300, which comes out to $62,300 (91%) lower than Milbank. Its rents are somewhat less expensive. In Stockholm the median monthly rent is $519, which works out to $98 (18%) lower than Milbank.
Odessa
Odessa is roughly 12 miles east from Milbank. The housing prices there are a lot less expensive. Odessa's median home value is $50,500, which works out to $80,100 (158%) lower than Milbank. The rent there is a little more expensive. In Odessa the median rent is $755 per month, which is $138 (18%) higher than Milbank.
Revillo
Revillo is about 13 miles south of Milbank. Its housing prices are significantly less expensive. The median home in Revillo is valued at $43,300, which is $87,300 (201%) lower than Milbank. Rents there are a bit less expensive. The median rent in Revillo is $521 per month, which is $96 (18%) lower than Milbank.