Last updated on October 21, 2026

Average rent in
Milford, IL

Median rent

Median rent in Milford

$575/mo

decreased by15%

vs previous year

The average rent in Milford is $575 per month as of October 2026. This is 70% below the national average rent, or $1,325 less per month.

$0.78

average price per square foot

Total rentals

Available rentals in Milford

8

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Milford rentals at each price point

90%68%45%23%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Milford, IL, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Milford, IL

Average rent prices in Milford have remained the same over the last month and have decreased by 15% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Milford, IL

Rent prices in Milford vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Milford is $575, whereas a house costs $500. 2-bedroom apartments in Milford run $575 on average.

Listings

2 bedroom

$575

No Change

8%

3 bedroom

$500

No Change

64%

2 bedroom

Average rent

$575

Last year

8%

3 bedroom

Average rent

$500

Last year

64%

The table above reflects average rent prices in Milford, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Milford, IL compare to other cities?

Compare median rent prices in Milford and Attica by all bedroom counts and property types.

Milford

Median rent price$575
decreased by70%

lower than the national median

Median rent price$1,470
decreased by23%

lower than the national median

Takeaway

The median rent for all rentals in Milford, IL is 61% lower than the median rent in Attica, IN.

Discover rentals in Milford, IL

102 S New St #NA - Photo 1 of 1

5d+ ago

House for rent in Milford

102 S New Milford IL - RENT TO OWN

102 S New St #NA, Milford, IL 60953

3 beds

1 bath

$500

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

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Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Milford, IL

Quick answers to common questions about the Milford rental market.

How much is rent in Milford?

The average rent in Milford is $575 per month as of October 17, 2026.

Is rent up or down in Milford?

Average rent prices in Milford have remained the same over the last month and have decreased by 15% since last year.

How does Milford rent compare to the national average?

Rent in Milford is 70% below the national average, which means renters are paying approximately $1,325 less per month.

What salary do I need to afford rent in Milford?

To comfortably afford rent in Milford, you'd need to earn approximately $23,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Attica