Average Rent in Milford, CT

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Current Versus Historical Milford, CT Rents

Milford rentals average $1,775 for a studio rental to $3,750 for a 4-bedroom rental. The median price of all currently available listings is $2,800, or roughly $2 per square feet.

For the apartment units and housing in January 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $325 (-15.48%) year-over-year from $2,100 to $1,775. 1-bedroom rentals prices have decreased by $50 (-2.63%) year-over-year from $1,900 to $1,850. 2-bedroom rentals prices have decreased by $15 (-0.57%) year-over-year from $2,615 to $2,600. 3-bedroom rentals prices have increased by $267 (9.58%) year-over-year from $2,783 to $3,050. 4-bedroom rentals prices have decreased by $42 (-1.18%) year-over-year from $3,542 to $3,500. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 12.46% this month. 1-bedroom rents have gone down by 3.90% this month. 2-bedroom rents have gone up by 14.92% this month. 3-bedroom rents have gone down by 3.17% this month. 4-bedroom rents have gone down by 14.63% this month.

Beds	Price / Sqft	Jan 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.80	$1,775	$2,100 (-15.48%)	$490 (262.02%)
1 BR	$2.38	$1,850	$1,900 (-2.63%)	$1,460 (26.71%)
2 BR	$2.15	$2,600	$2,615 (-0.57%)	$2,432 (6.92%)
3 BR	$2.22	$3,050	$2,783 (9.58%)	$3,200 (-4.69%)
4+ BR	$2.58	$3,500	$3,542 (-1.18%)	$4,420 (-20.81%)

Historical Rents in Milford, CT

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Milford

There are a total of 2 cities nearby Milford. The average rent in Milford is currently $2,061 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,025, is the most affordable city nearby. In contrast, the most expensive city near Milford, CT is New Haven, CT. Monthly rents here are on average $2,098 per month.

Let's compare Milford, CT's rent against other top cities nearby by bedroom size. Typically, rent for studios in Milford, CT is 20.42% more expensive than other cities nearby. One bedrooms are about 20.00% more expensive. Two bedrooms in Milford, CT are about 25.93% more expensive. Finally, rent for three bedrooms are about 27.42% more expensive. Want more information? Check out the top 2 cities near Milford, CT in the following chart.

City	Studio	1 Bed	2 Bed	All
Bridgeport, CT	$1,250	$1,600	$2,150	$2,025
New Haven, CT	$1,575	$1,600	$1,850	$2,098

Top Neighborhoods Near Milford

There are a total of 2 neighborhoods in or near Milford. We've included all of these top 2 neighborhoods in or near Milford, CT in the following chart.

The average rent for these 2 neighborhoods in or near Milford, CT is currently around $2,000 per month. A total of 2 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Milford, Brooklawn - St. Vincent has the most affordable average rent at $1,800 per month. Whereas, at $2,200 average rent per month, East Side is the most expensive neighborhood in or near Milford. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Brooklawn - St. Vincent, Bridgeport, CT	$1,350	$1,600	$1,975	$1,800
East Side, Bridgeport, CT	N/A	$1,550	$1,900	$2,200

Top Counties Near Milford

There are a total of 2 counties located by Milford, CT. Some of these counties include Bridgeport, CT, New Haven, CT, and Milford, CT. The average rent for rentals in these counties is $2,098. That's roughly around $2 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,025. Vice versa, with an average rent of $2,800, Milford, CT is the most expensive county by Milford, CT.

Typically, rent for studios in Milford, CT is 11.27% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Milford, CT is 20.00% more expensive than other counties nearby. Finally, rent for two bedrooms in Milford, CT is 20.37% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Bridgeport, CT	$1,250	$1,600	$2,150	$2,025
New Haven, CT	$1,575	$1,600	$1,850	$2,098
Milford, CT	$1,775	$2,000	$2,700	$2,800

Top Zipcodes Near Milford

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Milford Average Rents

What is the average rent price in Milford, CT?

The average monthly rental price for Milford, CT apartments for rent is approximately $2,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Milford, CT rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Milford, CT.

How much is a studio apartment in Milford, CT?

The average monthly rental price for studio apartments is $1,775 and an average price per square feet of $1.80. There are a total of 2 studio apartment listings currently available for rent in Milford.

How much is a one bedroom apartment in Milford, CT?

The average monthly rental price for one bedroom apartments is $2,000 and an average price per square feet of $2.38. There are a total of 9 one bedroom apartment listings currently available for rent in Milford.

How much is a two bedroom apartment in Milford, CT?

The average monthly rental price for two bedroom apartments is $2,700 and an average price per square feet of $2.15. There are a total of 14 two bedroom apartment listings currently available for rent in Milford.

How have rent prices in Milford, CT changed this year?

Rent prices for rentals in Milford, CT can fluctuate yearly. Specifically, studio rental prices have changed by -0.15%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by 0.10% year-over-year.

What is a reasonable rent price in Milford, CT?

A reasonable rent price in Milford, CT is around $2,240/month. You can search for these reasonably priced rental listings on RentHop.