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Rental Market Trends in Milton, DE

What is the average rent in Milton, DE?

$1,493/month

Average Rent

816 Sq Ft

Average Apartment Size

+3.3%

Increase in the Last Year

As of May 2025, the average rent in Milton, DE is $1,493 per month. For comparison, the national average rent price in the US is currently $1,625/month, which means Milton rent prices are 8% lower than the national average. When you rent an apartment in Milton, you can expect to pay about per month for a studio, $1,493 for a one-bedroom apartment, and around $1,548 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,381 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,493/month
816 Sq Ft
Two Bedroom
$1,548/month
1,105 Sq Ft
Three Bedroom
$2,381/month
1,763 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 Milton, DE?

In the past year, rent has increased by 3.3%, which averages out to $50 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Milton, DE
Last Updated May 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Milton, DE
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
33% $1,501 - $2,000/month
67% Above $2,000/month

What salary do I need to live comfortably in Milton, DE?

Because the average rent in Milton is $1,493, you’ll want to make about $4,976 per month or $59,712 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

Milton, DE

21 Available Apartments for Rent

Search for Nearby Apartments

How does Milton, DE compare to other nearby cities and neighborhoods?

Use the tool below to compare Milton, 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.

Apartment Averages

Nearby City Rent Trends

  • Georgetown Average Rent
  • Lewes Average Rent
  • Milford Average Rent
  • Millsboro Average Rent

Apartment communities in Milton we think you'll love

Vincent Overlook

Vincent Overlook

16894 Beulah Blvd,
Milton, DE 19968

3 Beds | $2,595 - $2,795

Windstone

Windstone

16406 Stormy Way,
Milton, DE 19968

3 Beds | $2,395 - $2,895

Cypress Grove

Cypress Grove

609 Grove Cir,
Milton, DE 19968

1-3 Beds | $1,140 - $1,885

401 Sussex St

401 Sussex St

401 Sussex St,
Milton, DE 19968

4 Beds | $2,300

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United States Delaware Milton 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 February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity