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Rental Market Trends in Milford, MA

What is the average rent in Milford, MA?

$2,243/month

Average Rent

899 Sq Ft

Average Apartment Size

-1.3%

Decrease in the Last Year

Milford, MA Rental Market Overview

The average rent in Milford, MA is $2,243 per month. This is 36% higher than the national average rent price of $1,644/month, making Milford one of the most expensive cities in the US.

  • Studio apartments in Milford average per month.
  • One-bedroom apartments in Milford average $2,243 per month.
  • Two-bedroom apartments in Milford average $2,331 per month.
  • Three-bedroom apartments in Milford average $2,928 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,243/month
899 Sq Ft
Two Bedroom
$2,331/month
1,001 Sq Ft
Three Bedroom
$2,928/month
1,156 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Milford, MA?

In the past year, rent has decreased by 1.3%, which averages out to $28 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Milford, MA
Last Updated June 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Milford, MA
Percentage*
Rent Range
0% Below $700/month
10% $700 - $1,000/month
0% $1,001 - $1,500/month
20% $1,501 - $2,000/month
70% Above $2,000/month

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

Because the average rent in Milford is $2,243, you’ll want to make about $7,476 per month or $89,712 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

145 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.

Explore the Area Guide for Milford, MA

Apartment Averages

Nearby City Rent Trends

  • Bellingham Average Rent

Apartment communities in Milford we think you'll love

The Groves at Milford

The Groves at Milford

18 Colonial Rd,
Milford, MA 01757

$1,920 - $2,775 Total Monthly Price

2-3 Beds

The Quill Apartments

The Quill Apartments

200 Deer St,
Milford, MA 01757

$2,532 - $3,697 Total Monthly Price

1-3 Beds

Halstead Milford Green

Halstead Milford Green

1 Rolling Green Dr,
Milford, MA 01757

$2,005 - $2,825 Total Monthly Price

1-3 Beds | 12 Month Lease

Oak Ridge Village

Oak Ridge Village

1-12 Pheasant Cir,
Milford, MA 01757

$1,950 - $2,300 Plus Fees

1-2 Beds

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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 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.

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Equal Housing Opportunity