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Rental Market Trends in Milford, NH

What is the average rent in Milford, NH?

$1,722/month

Average Rent

635 Sq Ft

Average Apartment Size

-1%

Decrease in the Last Year

Milford, NH Rental Market Overview

The average rent in Milford, NH is $1,722 per month. For comparison, the national average rent price in the US is currently $1,645/month, which means Milford rent prices are 5% higher than the national average.

  • Studio apartments in Milford average $1,399 per month.
  • One-bedroom apartments in Milford average $1,722 per month.
  • Two-bedroom apartments in Milford average $1,956 per month.
  • Three-bedroom apartments in Milford average $1,894 or more per month.

Data Updated: June 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,399/month
454 Sq Ft
One Bedroom
$1,722/month
635 Sq Ft
Two Bedroom
$1,956/month
931 Sq Ft
Three Bedroom
$1,894/month
1,619 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, NH?

In the past year, rent has decreased by 1%, which averages out to $17 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, NH
Last Updated June 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Milford, NH
Percentage*
Rent Range
0% Below $700/month
18% $700 - $1,000/month
18% $1,001 - $1,500/month
45% $1,501 - $2,000/month
18% Above $2,000/month

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

Because the average rent in Milford is $1,722, you’ll want to make about $5,740 per month or $68,880 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, NH

44 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Milford, NH 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, NH

Apartment Averages

Compare Rent Trends Nearby

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

  • Merrimack

    Merrimack

  • Bedford

    Bedford

  • Nashua

    Nashua

Apartment Communities in Milford We Think You'll Love

Longley Place

Longley Place

15 Powers St,
Milford, NH 03055

2-3 Beds | $2,950 - $3,350

Milford Trails Apartments and Storage

Milford Trails Apartments and Storage

90 Powers St,
Milford, NH 03055

1-2 Beds | $1,785 - $2,189

Pine Valley Residential, LLC

Pine Valley Residential, LLC

37 Wilton Rd,
Milford, NH 03055

1-2 Beds | $1,235 - $1,800

34 Colburn Rd

34 Colburn Rd

34 Colburn Rd,
Milford, NH 03055

1 Bed | $1,700

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Frequently Asked Questions

What is the average rent in Milford?

The average rent in Milford is $1,722 per month, which is 4.7% higher than the national average of $1,645.

Are rents going up or down in Milford?

Rents in Milford, NH are decreasing, with prices down 1.0% year-over-year and $17 less per month.

What rent range is most common in Milford?

In Milford, NH, 45% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States New Hampshire 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity