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Rental Market Trends in Milford, MA

Updated September 2026

The average rent in Milford, MA is $2,376/month.

Rent in Milford is 43% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.

$2,376/month

Average Rent

885 Sq Ft

Average Size

+2.2%

Change / Year

199

Available Apartments

Milford rent varies by unit size and layout:

  • Studio apartments in Milford average $2,374 per month.
  • One-bedroom apartments in Milford average $2,376 per month.
  • Two-bedroom apartments in Milford average $2,444 per month.
  • Three-bedroom apartments in Milford average $2,968 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$2,374/month
540 Sq Ft
One Bedroom
$2,376/month
885 Sq Ft
Two Bedroom
$2,444/month
1,001 Sq Ft
Three Bedroom
$2,968/month
1,178 Sq Ft
View Milford Apartments

How much has average rent changed in Milford, MA?

In the past year, rent has increased by 2.2%, which averages out to $53 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Milford, MA

September 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Milford, MA
Percentage*
Rent Range
0% Below $700/month
9% $700 - $1,000/month
0% $1,001 - $1,500/month
18% $1,501 - $2,000/month
73% Above $2,000/month

What salary do I need to live comfortably in Milford, MA?

Because the average rent in Milford is $2,376, you’ll want to make about $7,920 per month or $95,040 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.

City

Milford, MA

199 Available Apartments for Rent

Search for Nearby Apartments

How does Milford, MA compare to other nearby cities and neighborhoods?

Use the tool below to compare Milford, MA 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 Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Upton

    Upton

    Avg Rent: $1,804/month

  • Medway

    Medway

    Avg Rent: $2,275/month

  • Hopkinton

    Hopkinton

    Avg Rent: $2,501/month

  • Bellingham

    Bellingham

    Avg Rent: $2,357/month

  • Northbridge

    Northbridge

    Avg Rent: $1,231/month

  • Franklin

    Franklin

    Avg Rent: $2,225/month

Apartment Communities in Milford We Think You'll Love

Hawkley Apartments

Hawkley Apartments

300 Deer St,
Milford, MA 01757

Studio - 3 Beds | $2,430 - $4,052

Halstead Milford Green

Halstead Milford Green

1 Rolling Green Dr,
Milford, MA 01757

1-3 Beds | $1,980 - $2,775

The Groves at Milford

The Groves at Milford

18 Colonial Rd,
Milford, MA 01757

2-3 Beds | $1,999 - $2,775

The Quill Apartments

The Quill Apartments

200 Deer St,
Milford, MA 01757

1-3 Beds | $2,281 - $3,361

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Frequently Asked Questions

What is the average rent in Milford?

The average rent in Milford is $2,376 per month, which is 42.7% higher than the national average of $1,665.

Are rents going up or down in Milford?

Rents in Milford, MA are increasing, with prices up 2.2% year-over-year and $53 more per month.

What rent range is most common in Milford?

In Milford, MA, 73% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States Massachusetts Milford Rental Trends

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 September 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.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity