The Reserve at Cypress Hall
300 Lynx Ln,
Milford, DE 19963
1-3 Beds | $1,595 - $1,995
Rental Market Trends in Milford, DE
Updated July 2026
The average rent in Milford, DE is $1,448/month.
Rent in Milford is roughly equal to the national average rent of of $1,663/month.
$1,448/month
Average Rent
913 Sq Ft
Average Size
+4.4%
Change / Year
63
Available Apartments
Milford rent varies by unit size and layout:
- Studio apartments in Milford average per month.
- One-bedroom apartments in Milford average $1,448 per month.
- Two-bedroom apartments in Milford average $1,635 per month.
- Three-bedroom apartments in Milford average $2,091 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Milford, DE?
In the past year, rent has increased by 4.4%, which averages out to $64 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Milford, DE
July 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
12%
$700 - $1,000/month
12%
$1,001 - $1,500/month
62%
$1,501 - $2,000/month
12%
Above $2,000/month
What salary do I need to live comfortably in Milford, DE?
Because the average rent in Milford is $1,448, you’ll want to make about $4,826 per month or $57,912 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Milford, DE compare to other nearby cities and neighborhoods?
Use the tool below to compare Milford, DE to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Milford Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Milford?
The average rent in Milford is $1,448 per month, which is 12.9% lower than the national average of $1,663.
What is the average rent for a house in Milford?
The average rent for a house in Milford, DE is $2,070 per month.
Are rents going up or down in Milford?
Rents in Milford, DE are increasing, with prices up 4.4% year-over-year and $64 more per month.
What rent range is most common in Milford?
In Milford, DE, 62% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
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 June 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.
* Percentages may not total 100 due to rounding.