In Milton, a typical home is worth $789,000 and typical rent is $2,065 a month. Compared with all of Fulton County, typical household income is 80% higher, the typical home value is 72% higher, and the share of households that own their home is 18 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $671,725 to $936,770.
Typical rent
$2,337a month
▲ 3.1% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $2,145 to $2,337.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Milton is in Fulton County. The FHA loan limit ($718,750 for a one-unit home), the fair market rents and the help on this page are those of all of Fulton County. See the county
What this place has that others do not, from public data, most unusual first.
1
Milton has the highest typical household income of the 162 cities in Georgia with more than 5,000 people: $171,295.
2
The typical home in Milton is worth $789,000,72% more than in Fulton County as a whole ($458,800).
3
Milton has the 3rd smallest share of rent-burdened renters of the 157 cities in Georgia with more than 5,000 people (33%).
4
Nearby, in Cumming, the typical home value is $382,900: 51% less than in Milton ($789,000).
5
Milton has the 6th highest typical rent of the 162 cities in Georgia with more than 5,000 people ($2,065).
6
73% of households in Milton own their home, against 54% in Fulton County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Milton
What homes there are in Milton, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Milton
Fulton County
Georgia
United States
Kind of home: Milton and its comparisons
Measure
Milton
Fulton County
Georgia
United States
Detached house
66%
46%
66%
61%
Attached house
15%
8%
4%
6%
Building of 2 to 4
Unreliable estimate
5%
5%
8%
Apartments (5 or more)
Unreliable estimate
41%
16%
19%
Mobile home
Unreliable estimate
0%
8%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house rules in Milton: 66% of homes, more than in Fulton County (46%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Milton
Fulton County
Georgia
United States
Year built: Milton and its comparisons
Measure
Milton
Fulton County
Georgia
United States
Before 1960
Unreliable estimate
15%
12%
26%
1960–1979
3%
18%
20%
24%
1980–1999
36%
27%
33%
25%
2000–2009
35%
21%
21%
14%
2010 or later
24%
19%
14%
11%
Here half of the homes date from 2002 or later; in Fulton County, from 1993 or later.
In Milton, 79% of homes have 3 bedrooms or more, more than in Fulton County (51%).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K2%
$200K–$300K7%
$300K–$500K18%
$500K–$750K18%
$750K–$1M23%
$1M or more31%
Value of owner-occupied homes: Milton and its comparisons
Measure
Milton
Under $100K
Unreliable estimate
$100K–$200K
2%
$200K–$300K
7%
$300K–$500K
18%
$500K–$750K
18%
$750K–$1M
23%
$1M or more
31%
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,99932%
$2,000–$2,49932%
$2,500–$2,99910%
$3,000 or more12%
Monthly rent with utilities: Milton and its comparisons
Measure
Milton
Under $500
Unreliable
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
32%
$2,000–$2,499
32%
$2,500–$2,999
10%
$3,000 or more
12%
With a mortgage
$3,176 a month
Fulton County: $2,373 a month
Without a mortgage
$1,128 a month
Fulton County: $831 a month
Owners with a mortgage
79%
Fulton County: 72%
The typical cost for an owner with a mortgage in Milton is $3,176 a month, more than in Fulton County ($2,373); without one, $1,128.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Milton+46%
Fulton County+46%
Georgia+72%
United States+53%
Typical rent
Milton+52%
Fulton County+44%
Georgia+39%
United States+33%
Typical household income
Milton+33%
Fulton County+37%
Georgia+32%
United States+29%
Change since 2015–2019: Milton and its comparisons
Measure
Milton
Fulton County
Georgia
United States
Typical home value
+46%
+46%
+72%
+53%
Typical rent
+52%
+44%
+39%
+33%
Typical household income
+33%
+37%
+32%
+29%
Much as in Fulton County, the typical home value in Milton rose 46% since 2015–2019.
The typical rent in Milton rose 52% over the same time; in Fulton County, it rose 44%.
Here income did not keep up with housing: it rose 33%, while home values changed +46% and rent +52%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Milton and its comparisons
Measure
Milton
Fulton County
Georgia
United States
Rental vacancy
Unreliable estimate
7.9%
6.8%
5.5%
Homeowner vacancy
Unreliable estimate
1.3%
1.1%
0.9%
More than one person per room
Unreliable estimate
2.1%
2.4%
3.4%
People per household
2.72
2.26
2.62
2.53
Drive alone
53%
57%
71%
69%
Carpool
6%
6%
9%
9%
Public transit
Unreliable estimate
4%
1%
3%
Walk or bike
Unreliable estimate
3%
1%
3%
Work from home
39%
29%
16%
15%
Other means
Unreliable estimate
2%
2%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
More people live in each home here: 2.72 on average, against 2.26 in Fulton County.
Working from home is more common in Milton: 39%, against 29% in Fulton County.
Do the math
What would you pay each month for a home in Milton?
A typical home costs more than the typical income allows
We start with a typical home in Milton, worth $789,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 45% of the typical household income in Milton, which is $171,295 a year. For that payment to be 28% of income, a household would need to earn about $277,072 a year. Note: at that price the loan is above the FHA limit for Fulton County ($718,750), so FHA would not insure it; the payment is only a reference.
The calculator's FHA and conventional loan limits are those of all of Fulton County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Milton. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $27,615 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$6,465
at 7.18% · 30 years
Loan amount
$774,709
Total interest
$1,114,625
Paid off in
November 2056
Includes $13,324 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $3,997 a month
Tight
$3,997 to $5,139 a month
Hard
more than $5,139 a month
Your payment · 45%
Compared with the typical household income in Milton ($171,295 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$5,248
Property tax
$539
Home insurance
$329
FHA mortgage insurance (MIP)
$349
This loan is over the FHA limit
You'd borrow $761,385, but the FHA limit for a one-unit home in Milton is $718,750. You'd need a bigger down payment or a different loan.
You need at least $27,615 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $6,465; principal and interest $5,248.
The city and its county
Milton and Fulton County
Milton is in Fulton County, Georgia. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Milton
Map of Fulton County, Georgia, with Milton marked. Around it, the neighboring counties.
Milton
Fulton County
Other cities with a page
Milton's own numbers
Typical home value
$789,000
Typical monthly rent
$2,065
Typical yearly household income
$171,295
Households that own their home
73%
Effective property tax rate
0.82%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Fulton County
FHA limit, one-unit home
$718,750
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,762
Price change over 5 years (FHFA)
+46%
Homes in a high flood-risk zone
0.9%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Fulton County.
A typical home in Milton is worth $789,000: 72% above the county and 160% above Georgia. With the typical household income in Milton ($171,295 a year), a typical home costs 4.6 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Milton4.6 years
Fulton4.8 years
Georgia3.9 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Fulton County
According to FHFA’s house price index, home prices in Fulton County rose 98% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Fulton County.
Yearly change in FHFA’s price index in Fulton County, 2016 to 2025
2016: +8.0% +8.0% 2016
2017: +6.2% +6.2% 2017
2018: +7.8% +7.8% 2018
2019: +6.3% +6.3% 2019
2020: +3.4% +3.4% 2020
2021: +10.8% +10.8% 2021
2022: +17.9% +17.9% 2022
2023: +7.2% +7.2% 2023
2024: +2.8% +2.8% 2024
2025: +1.2% +1.2% 2025
Change in FHFA’s price index in Fulton County, Georgia and the United States
Period
County
Georgia
U.S.
Last year (2025)
+1.2%
+2.2%
+2.9%
5 years (2020–2025)
+46%
+58%
+47%
10 years (2015–2025)
+98%
+110%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Milton next to Fulton County, Georgia and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Milton$789,000
Fulton$458,800
Georgia$303,300
United States$332,700
Typical monthly rent
Milton$2,065
Fulton$1,732
Georgia$1,393
United States$1,413
Typical yearly household income
Milton$171,295
Fulton$95,292
Georgia$77,353
United States$80,734
See the full table
Milton next to Fulton County and Georgia
Measure
Milton
Fulton County
Georgia
U.S.
Typical home value
$789,000 ▲72% above the county
$458,800
$303,300
$332,700
Typical monthly rent
$2,065 ▲19% above the county
$1,732
$1,393
$1,413
Typical yearly household income
$171,295 ▲80% above the county
$95,292
$77,353
$80,734
Households that own their home
73% ▲18 points above the county
54%
66%
65%
Typical yearly property tax
$6,509 ▲61% above the county
$4,033
$2,341
$3,119
Effective property tax rate
0.82% ▼0.06 points below the county
0.88%
0.77%
0.94%
Renters with high rent for their income
33% ▼18 points below the county
51%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Fulton County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Milton
For a typical $789,000 home in Milton, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Milton's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$6,465a month
Above the FHA limit for Fulton County ($718,750)
Down payment
$27,615
Cash to close
$51,285
Rate
7.18%
Mortgage insurance
FHA MIP · $349
Conventional, 5% down$6,320a month
Least cash to close
Down payment
$39,450
Cash to close
$63,120
Rate
7.18%
Mortgage insurance
PMI · $375
Conventional, 20% down, no PMI$5,144a month
Down payment
$157,800
Cash to close
$181,470
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$5,873a month
Down payment
$118,350
Cash to close
$142,020
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Milton
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Above the FHA limit for Fulton County ($718,750)
$6,465
$27,615
$774,709
7.18%
FHA MIP · $349
$51,285
580
Conventional, 5% down Least cash to close
$6,320
$39,450
$749,550
7.18%
PMI · $375
$63,120
620*
Conventional, 20% down, no PMI
$5,144
$157,800
$631,200
7.18%
None
$181,470
620*
ITIN, 15% down (example)
$5,873
$118,350
$670,650
8.18%
None
$142,020
Set by the lender
The option that asks for the least cash to close is Conventional, 5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Milton is $2,065 a month: 19% above the county. In Milton, 33% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Fulton County, by unit size. To pay the 2-bedroom one ($1,762 a month) without spending more than 30% of your income, you would need to earn $33.88 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Fulton County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,554
$29.88
$62,160
1 bedroom
$1,619
$31.13
$64,760
2 bedrooms
$1,762
$33.88
$70,480
3 bedrooms
$2,099
$40.37
$83,960
4 bedrooms
$2,493
$47.94
$99,720
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Milton
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Milton is in ZIP code 30004.
For 2 bedrooms it is $2,090: $328 more than the fair market rent for Fulton County ($1,762).
Fair market rent by ZIP code and size in Milton, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
30004
$1,840
$1,920
$2,090
$2,490
$2,960
ZIP code2 bd3 bd
30004 $2,090$2,490
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Milton when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 10 HUD-approved agencies with an office in Fulton County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Milton or Fulton County. The ones below are statewide in Georgia: they work in Milton the same as in the rest of the state.
Georgia state program for first-time buyers: a mortgage with down payment assistance of up to 5% of the price or $10,000, as a 0% second mortgage with no monthly payments.Offered by Georgia Department of Community Affairs.
FHA or VA mortgage from the Georgia Dream program with down payment assistance of 3.5% of the price (up to $10,000), or 4% (up to $12,500) for police officers, educators, health care workers, military members or families with a person with a disability; no first-time buyer requirement.Offered by Georgia Department of Community Affairs.
Short answers with the numbers for Milton and all of Fulton County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Milton?
The typical home value in Milton is $789,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Fulton County it is $458,800.
How much does it cost to rent in Milton?
Typical rent in Milton is $2,065 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Fulton County is $1,762.
What is the FHA loan limit in Milton?
Milton uses the FHA limit for all of Fulton County (2026): $718,750 for a one-unit home and $1,382,250 for a four-unit home.
How much property tax do owners pay in Milton?
The typical homeowner in Milton pays $6,509 a year, according to the U.S. Census Bureau. That is 0.82% of the home’s value; in Fulton County, the rate is 0.88%.
Where can I find free help to buy or rent in Milton?
There are 10 HUD-approved counseling agencies with an office in Fulton County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
