Median Age
46 Years
Largest Age Group
60-69 Years
Approximately 15% of Residents
Under 20
20%
Over 65
24%
Milford
Milford, MI Area Guide
Avg Rent
$1,345
Population
6,398
Renter Mix
24% Rent
A lush small town with a vibrant downtown district
Charming
•
Eclectic
•
Community
•
River
•
Park-Like
•
Family-Friendly
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Great Schools
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Milford has the character of a big city, just scaled down into two and a half square miles in southeast Michigan. The village is vibrantly landscaped. Almost every street is lined with trees, and its Central Park is a popular gathering spot thanks to its amphitheater and riverfront views. Main Street houses local businesses and mom-and-pop shops almost exclusively, including popular Italian restaurants and health food stores.
GM’s Milford Proving Grounds sits just west of the town, and is a large employer for the area. Homes and apartments in Milford range from upscale contemporary developments to more historic on the east side of town.
Milford is becoming a sought-after locale in which to raise a family. There’s a large number of highly-rated schools in the district and a very low crime rate. Couple that with the relative affordability and alluring downtown area, and Milford ticks almost every box for a variety of renters.
Demographics
Median Household Income
$94,929
Average: $126,023
Education
2,614
Residents Have a Degree
Job Market
3,475
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Milford has more homeowners than renters.
Renters
24%
Non-Renters
76%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
37%
Other Education
63%
Rent Trends
As of May 2026, the average apartment rent in Milford, MI is $1,345 for one bedroom, $1,565 for two bedrooms, and $2,002 for three bedrooms. Apartment rent in Milford has increased by 2.6% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,345/month
668 Sq Ft
House
$2,349/month
1,435 Sq Ft
Condo
$2,277/month
1,587 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Milford, MI is for everyday living.
Fairly Walkable
Walkability
50
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Moderately Bikeable
Bikeability
70
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Proud Lake Recreation Area
- Kensington Metropark
- Lyon Oaks County Park
- Highland Recreation Area
- Alpine Valley at White Lake
Military Bases
Airports
- Bishop International
- Detroit Metro Wayne County
Top Apartments in Milford
Houses for Rent in Milford
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.