Last updated on May 27, 2026

Average rent in
Milford, NJ

Median rent

Median rent in Milford

$1,700/mo

decreased by36%

vs previous year

The average rent in Milford is $1,700 per month as of May 2026. This is 13% below the national average rent, or $250 less per month.

$2.81

average price per square foot

Total rentals

Available rentals in Milford

19

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Milford rentals at each price point

75%56%38%19%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Milford, NJ

Average rent prices in Milford have decreased by 7% over the last month and have decreased by 36% 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, NJ

Rent prices in Milford vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Milford is $1,925, whereas a house costs $2,750. 1-bedroom apartments in Milford run $1,600 on average, while 2-bedroom apartments are $1,950.

Listings

Studio

$1,399

-

-

1 bedroom

$1,950

3%

-

2 bedroom

$1,975

3%

19%

3 bedroom

$2,350

No Change

8%

4 bedroom

$4,875

13%

-

Studio

Average rent

$1,399

1 bedroom

Average rent

$1,950

Last 30 days

3%

2 bedroom

Average rent

$1,975

Last 30 days

3%

Last year

19%

3 bedroom

Average rent

$2,350

Last year

8%

4 bedroom

Average rent

$4,875

Last 30 days

13%

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

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

Milford

Median rent price$1,700
decreased by13%

lower than the national median

Median rent price$1,850
decreased by5%

lower than the national median

Takeaway

The median rent for all rentals in Milford, NJ is 8% lower than the median rent in Bath, PA.

Discover rentals in Milford, NJ

16 Bridge St #2 - Photo 1 of 1

5d+ ago

Apartment for rent in Milford

Apartment - Milford Boro, NJ

16 Bridge St #2, Milford, NJ 08848

2 beds

1 bath

$1,700

Apartment for rent

58 Bridge St - Photo 1 of 1

5d+ ago

House for rent in Milford

1 Story - Milford Boro, NJ

58 Bridge St, Milford, NJ 08848

2 beds

1 bath

$1,850

House for rent

5d+ ago

Apartment for rent in Milford

3 or More Stories - Milford Boro, NJ

46 Bridge St #D, Milford, NJ 08848

2 beds

1.5 baths

$1,900

Apartment for rent

Stay up to date with rental market insights

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, NJ

Quick answers to common questions about the Milford rental market.

How much is rent in Milford?

The average rent in Milford is $1,700 per month as of May 23, 2026.

Is rent up or down in Milford?

Average rent prices in Milford have decreased by 7% over the last month and have decreased by 36% since last year.

How does Milford rent compare to the national average?

Rent in Milford is 13% below the national average, which means renters are paying approximately $250 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 $68,000/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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