Last updated on September 9, 2026

Average rent in
Milford, IN

Median rent

Median rent in Milford

$1,150/mo

increased by14%

vs previous year

The average rent in Milford is $1,150 per month as of September 2026. This is 39% below the national average rent, or $750 less per month.

$1.48

average price per square foot

Total rentals

Available rentals in Milford

12

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Milford rentals at each price point

60%45%30%15%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, IN, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Milford, IN

Average rent prices in Milford have decreased by 17% over the last month and have increased by 14% 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, IN

Rent prices in Milford vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Milford is $950, whereas a house costs $1,672. 1-bedroom apartments in Milford run $1,150 on average, while 2-bedroom apartments are $1,050.

Listings

Studio

$795

29%

-

1 bedroom

$725

No Change

20%

2 bedroom

$975

13%

-

3 bedroom

$1,770

No Change

-

4 bedroom

$3,900

No Change

-

Studio

Average rent

$795

Last 30 days

29%

1 bedroom

Average rent

$725

Last year

20%

2 bedroom

Average rent

$975

Last 30 days

13%

3 bedroom

Average rent

$1,770

4 bedroom

Average rent

$3,900

The table above reflects average rent prices in Milford, IN, 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, IN compare to other cities?

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

Milford

Median rent price$1,150
decreased by39%

lower than the national median

Median rent price$1,050
decreased by45%

lower than the national median

Takeaway

The median rent for all rentals in Milford, IN is 10% higher than the median rent in Edwardsburg, MI.

Discover rentals in Milford, IN

Village on Fourth - Photo 1 of 1

3d ago

8.5

Very good

Village on Fourth

505 W Fourth St, Milford, IN 46542

1 bed

1 bath

$1,150

Apartment for rent

105 West Emeline St - Photo 1 of 1

14h ago

8.4

Very good

105 West Emeline St

105 W Emeline St, Milford, IN 46542

Studio

1 bath

$770

Apartment for rent

Stay up to date with rental market insights

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Frequently asked questions for Milford, IN

Quick answers to common questions about the Milford rental market.

How much is rent in Milford?

The average rent in Milford is $1,150 per month as of September 5, 2026.

Is rent up or down in Milford?

Average rent prices in Milford have decreased by 17% over the last month and have increased by 14% since last year.

How does Milford rent compare to the national average?

Rent in Milford is 39% below the national average, which means renters are paying approximately $750 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 $46,000/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).

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