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Rental Market Trends in Milton, FL

Updated September 2026

The average rent in Milton, FL is $979/month.

Rent in Milton is 41% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$979/month

Average Rent

618 Sq Ft

Average Size

+1.4%

Change / Year

114

Available Apartments

Milton rent varies by unit size and layout:

  • Studio apartments in Milton average $935 per month.
  • One-bedroom apartments in Milton average $979 per month.
  • Two-bedroom apartments in Milton average $1,385 per month.
  • Three-bedroom apartments in Milton average $1,660 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$935/month
331 Sq Ft
One Bedroom
$979/month
618 Sq Ft
Two Bedroom
$1,385/month
987 Sq Ft
Three Bedroom
$1,660/month
1,237 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,589/month
851 Sq Ft
Three Bedroom
$1,955/month
1,507 Sq Ft
Four Bedroom
$2,197/month
2,021 Sq Ft
View Milton Apartments

How much has average rent changed in Milton, FL?

In the past year, rent has increased by 1.4%, which averages out to $14 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Milton, FL

September 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Milton, FL
Percentage*
Rent Range
0% Below $700/month
21% $700 - $1,000/month
68% $1,001 - $1,500/month
11% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Milton is $979, you’ll want to make about $3,263 per month or $39,156 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, FL

114 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Milton, FL 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 Milton Area Guide

Apartment Averages

Compare Rent Trends Nearby

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

  • Pace

    Pace

    Avg Rent: $1,555/month

  • Pensacola

    Pensacola

    Avg Rent: $1,374/month

Apartment Communities in Milton We Think You'll Love

Whisper Creek Village

Whisper Creek Village

5860 Murmur Trl,
Milton, FL 32570

2-3 Beds | $1,790 - $2,170

Collins Mill Creek

Collins Mill Creek

5461 Collins Mill Creek Dr,
Milton, FL 32570

2 Beds | $1,510 - $1,735

The Ashborough Luxury Garden Apartments

The Ashborough Luxury Garden Apartments

6413 Ashborough Ct,
Milton, FL 32570

2 Beds | $1,400

Playa Blanca

Playa Blanca

6436 Highway 90,
Milton, FL 32570

Studio - 3 Beds | $775 - $1,675

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Frequently Asked Questions

What is the average rent in Milton?

The average rent in Milton is $979 per month, which is 41.2% lower than the national average of $1,664.

What is the average rent for a house in Milton?

The average rent for a house in Milton, FL is $1,955 per month.

Are rents going up or down in Milton?

Rents in Milton, FL are increasing, with prices up 1.4% year-over-year and $14 more per month.

What rent range is most common in Milton?

In Milton, FL, 68% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Florida 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 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity