Rental market snapshot for Milford, Delaware

Milford, Delaware Rental Property Market Overview

Milford, Delaware is a small city located in Kent County. According to the US Census, the population of Milford was 12,272 in 2021. Milford is a charming city with a rich history, offering a variety of attractions and activities for visitors and residents alike. The city is home to a variety of shops, restaurants, and other businesses, as well as a number of parks and recreational areas. Milford is a great place to live, work, and play.

The average rent for an apartment in Milford is $1,355. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Milford Delaware | Cost of Living

  • The most expensive ZIP code in Milford is 19963 with an average price of $1,573.
  • The cheapest ZIP code in Milford is 19963 with an average price of $1,573.

Milford ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
119963$1,573

Live near Milford, Delaware's Top Sights and Attractions

Marshalls Pond Park is a scenic outdoor destination located in a rural area of Delaware. It features a large pond surrounded by lush greenery, providing a peaceful atmosphere for visitors to enjoy. The park also offers a variety of recreational activities, including fishing, boating, hiking, and picnicking. There are also several playgrounds and picnic areas, as well as a nature center where visitors can learn about the local wildlife. The park is a great place to spend a day outdoors, with plenty of opportunities for relaxation and exploration.

The Milford Parks and Recreation Center is a popular destination for outdoor enthusiasts. It offers a variety of activities, including walking and biking trails, fishing, kayaking, and camping. The center also has a playground, picnic areas, and a large pond for swimming. The center is open year-round and provides a great opportunity for families to enjoy the outdoors.

Haven Lake is a peaceful, picturesque lake located in Delaware. It is surrounded by lush greenery and is a popular spot for fishing, swimming, and boating. The lake is also home to a variety of wildlife, including ducks, geese, and turtles.

One popular attraction in Milford, Delaware is the Mispillion Riverwalk. This scenic walkway follows the Mispillion River and offers stunning views of the river and the surrounding area. Visitors can also take part in a variety of activities, such as fishing, kayaking, and bird watching.

Blairs Pond is a peaceful, serene lake located in Milford, Delaware. It is surrounded by lush greenery and is a popular spot for fishing, kayaking, and canoeing. The lake is also home to a variety of wildlife, including ducks, geese, and other waterfowl. Access to the lake is provided by a public boat ramp.

One of the most popular attractions in Milford, Delaware is the Mispillion Riverwalk. This scenic walkway follows the Mispillion River and offers stunning views of the river and the surrounding area. The Riverwalk is a great place to take a leisurely stroll, have a picnic, or just relax and enjoy the scenery.

First State Bmx is an outdoor recreational facility located in Milford, Delaware. It features a BMX track, a skate park, and a pump track. The BMX track is designed for all levels of riders, from beginners to experts. The skate park features a variety of obstacles, including ramps, rails, and boxes. The pump track is designed for mountain bikers and BMX riders to practice their skills. The facility also offers lessons and clinics for those interested in learning more about BMX and skateboarding.

Mispillion Riverwalk Park is a scenic riverside park located along the Mispillion River. It features a boardwalk that stretches for over a mile, providing visitors with stunning views of the river and its surrounding wetlands. The park also has a playground, picnic areas, and a fishing pier. There are also several trails that wind through the park, allowing visitors to explore the area's natural beauty.

Milford Museum is a local history museum located in a historic building in the heart of the town. It features a variety of exhibits and artifacts that tell the story of the town's past, from its earliest days as a colonial settlement to its modern-day status as a vibrant community. Visitors can explore the museum's galleries, which feature displays on the town's history, its people, and its culture. The museum also houses a research library and hosts a variety of educational programs and events.

Biden Jos R Jr Senator is a bronze statue located in Milford, Delaware. The statue stands at 8 feet tall and is a tribute to the late Senator Joe Biden, who served as the Vice President of the United States from 2009 to 2017. The statue is located in a park-like setting with a walkway and benches, making it a popular spot for visitors to take photos and pay their respects.

Abbotts Pond and Access Site is a beautiful outdoor area located in Milford, Delaware. It features a large pond surrounded by lush greenery and tall trees, providing a tranquil and peaceful atmosphere. The pond is stocked with fish, making it a great spot for fishing and other recreational activities. There is also a boat launch and a picnic area, making it a great spot for a family outing. The area is also home to a variety of wildlife, including birds, turtles, and other animals.

Tony Silicato Memorial Park is a beautiful outdoor area located in a small town in Delaware. It features a large pond, walking trails, and plenty of open green space for visitors to enjoy. The park also has a playground, picnic tables, and a gazebo, making it a great spot for families to spend the day. The park is also home to a variety of wildlife, including ducks, geese, and other birds. Visitors can also take in the stunning views of the surrounding countryside.

Milford, Delaware area median rent change by ZIP code map

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How does Milford compare to other cities in Delaware?

citymedian price
Milton$2,695
Bear$2,240
Middletown$2,100
Millsboro$1,799
Wilmington$1,760
Dover$1,640
Seaford$1,575
New Castle$1,475
Milford$1,350

Average household income in Milford area graph - US Census

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The median household income in Milford in 2021 was $47,849. This represents a -1.7% change from 2011 when the median was $48,669.

#categorypercent
0Less than $10,0005.9%
1$10,000 to $14,9995.6%
2$15,000 to $19,9992.5%
3$20,000 to $24,9995.4%
4$25,000 to $29,9994.6%
5$30,000 to $34,9999.7%
6$35,000 to $39,9997.2%
7$40,000 to $44,9998.4%
8$45,000 to $49,9997.5%
9$50,000 to $59,9998.1%
10$60,000 to $74,9998.9%
11$75,000 to $99,99911.0%
12$100,000 to $124,9994.6%
13$125,000 to $149,9994.3%
14$150,000 to $199,9994.2%
15$200,000 or more2.1%

Neighborhoods in Milford

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Milford is $1,355.
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