Home prices
The median home in Milford costs $303,300. Compared to other places in this area this is roughly $70,760 (18%) lower.In comparison to the US as a whole it is approximately $85,800 (39%) higher, and in comparison to the city of Boston is roughly $229,400 (43%) lower.
Rents
The median rent in Milford is $1,233 a month. This is about $93 (6%) lower compared to other places in this area.In comparison to the rest of the nation it is roughly $171 (16%) higher, and it is approximately $387 (23%) lower compared to the city of Boston.
Nearby places
Hopedale
Hopedale is Milford's neighbor to the southwest. The real estate prices there are fairly similar. The median home cost in Hopedale is $298,400, which is $4,900 (1%) lower than Milford. Its rents are a little more expensive. Hopedale's median monthly rent is $1,342, which works out to $109 (8%) higher than Milford.
Bellingham
Bellingham is approximately 3 miles southeast of Milford. Its real estate prices are a bit less expensive. The median home in Bellingham costs $278,300, which works out to $25,000 (8%) lower than Milford. Rent there is somewhat more expensive. The median rent in Bellingham is $1,311 per month, which is $78 (5%) higher than Milford.
Upton
Upton is roughly 4 miles northwest from Milford. Its housing prices are a bit more expensive. Upton's median home value is $363,500, which comes out to $60,200 (16%) higher than Milford. The rent there is a little less expensive. Upton's median rent is $944 per month, which works out to $289 (30%) lower than Milford.
Hopkinton
Hopkinton is roughly 4 miles north of Milford. The housing prices there are substantially more expensive. The median home cost in Hopkinton is $497,400, which comes out to $194,100 (39%) higher than Milford. Rents there are a little more expensive. Hopkinton's median monthly rent is $1,653, which works out to $420 (25%) higher than Milford.
Franklin Town
Franklin Town is approximately 6 miles southeast from Milford. Real estate prices there are somewhat more expensive. The value of the median home in Franklin Town is $432,700, which comes out to $129,400 (29%) higher than Milford. Its rents are a little more expensive. The median monthly rent in Franklin Town is $1,378, which works out to $145 (10%) higher than Milford.
