Housing in Millwood

A typical Millwood home is worth roughly $118,000

Typical home value

$118K

OH $249K

Estimate

2-bedroom rent

$1,060

a month, utilities in · HUD

Median tax bill

$1,365

OH $2,822

What kind of housing town is Millwood?

Read from the numbers below. The page puts what stands out first.

Your money goes further53% below the Ohio typical home.

★ What stands out · Affordability

A typical home costs 2.1 years of income

Less than across Ohio (3.5 years). Try your own numbers below.

You could afford about

$207,000

Typical Millwood home $118K

That covers a typical Millwood home, with $89K to spare.

The typical home, each month

$730

Loan $580Tax $110Insurance $30

A two-bedroom rents for about $1,060 a month here, $330 more than owning.

Where your budget reaches nearby

Beaver$122K Richland$195K Warren$178K Wills$181K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Millwood’s typical property tax (1.16% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,060

Renters already here pay a median of $749, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$800

1 bedroom$810

2 bedrooms$1,060

3 bedrooms$1,370

4 bedrooms$1,640

15%

of households rent · OH 33%

renter households

33%

of renters spend 30%+ of income on rent · OH 46%

23%

of the median income, for a two-bedroom

$749

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Wheeling, WV-OH MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

86% of Millwood households own their home

Half of Millwood’s homes were built before 1974.

Owners and renters

Own 86%Rent 15%

Ohio: 67% own.

1974

typical home built · OH 1970

$1,365

median property tax bill · OH $2,822

1.16%

of a home’s value, a year in tax · OH 1.31%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Millwood vs. its neighbors

Millwood is the least expensive of 5 neighboring towns. Tap one to see its housing page.

Richland$195K Wills$181K Warren$178K Beaver$122K Millwood$118K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Millwood	$118K*	—	$1,060	$55,214
Beaver	$122K*	—	$1,060	—
Richland	$195K*	—	$1,120	$74,784
Warren	$178K*	—	$970	$52,603
Wills	$181K*	—	$1,130	$64,563

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Millwood buyers, sellers and renters are saying.

Town Square →

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.