Home prices
The cost of the median home in Milford is $110,800. This is roughly $42,080 (27%) lower compared to nearby areas.Compared to the country as a whole it is approximately $106,700 (49%) lower, and is about $46,200 (29%) lower in comparison to the city of Bangor.
Rents
Milford's median rent is $901 per month. Compared to nearby areas it is approximately $75 (9%) higher.In comparison to the entire nation it is roughly $161 (15%) lower, and compared to the city of Bangor is approximately $85 (10%) higher.
Nearby places
Old Town
Old Town is Milford's neighbor to the west. The real estate prices there are a little more expensive. Old Town's median home price is $135,700, which works out to $24,900 (18%) higher than Milford. The rent there is a bit less expensive. The median rent in Old Town is $762 a month, which is $139 (18%) lower than Milford.
Orono
Orono is approximately 4 miles southwest of Milford. Its housing prices are substantially more expensive. The median home in Orono costs $172,800, which comes out to $62,000 (35%) higher than Milford. Rents there are fairly similar. The median monthly rent in Orono is $907, which is very similar to Milford.
Brewer
Brewer is roughly 11 miles south of Milford. The real estate prices there are a bit more expensive. The median home in Brewer is valued at $162,100, which works out to $51,300 (31%) higher than Milford. Its rents are fairly similar. The median rent in Brewer is $865 a month, which works out to $36 (4%) lower than Milford.
Hampden
Hampden is roughly 15 miles southwest from Milford. Its real estate prices are significantly more expensive. Hampden's median home cost is $210,500, which is $99,700 (47%) higher than Milford. Its rents are pretty similar. The median monthly rent in Hampden is $869, which works out to $32 (3%) lower than Milford.
Howland
Howland is approximately 19 miles north from Milford. Real estate prices there are significantly less expensive. The median home in Howland is valued at $83,300, which is $27,500 (33%) lower than Milford. Its rents are somewhat less expensive. The median monthly rent in Howland is $728, which is $173 (23%) lower than Milford.
