Milford, New Hampshire Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Milford, New Hampshire rental market.

Milford, New Hampshire

Average Apartment Rent

$1,912

Y-o-Y Change in Average
Apartment Rent

10.6%

As of May 2026

Compared to a year ago, Milford, New Hampshire apartments have recorded a 10.6% rent increase.

Milford, New Hampshire Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Milford $1,689 $1,715 $1,685 $1,808 $1,782 $1,734 $1,764 $1,845 $1,888
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Milford
National
Jul 2023
$1,689
$1,741
Nov 2023
$1,715
$1,732
Mar 2024
$1,685
$1,736
Jul 2024
$1,808
$1,756
Nov 2024
$1,782
$1,749
Mar 2025
$1,734
$1,755
Jul 2025
$1,764
$1,767
Nov 2025
$1,845
$1,753
Mar 2026
$1,888
$1,750

Milford, New Hampshire Average Apartment Rent

Milford, New Hampshire Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 66.94%, apartments priced $2,000 - $2,500 represent the bulk of Milford, New Hampshire rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 1.33%.

Milford, New Hampshire Housing tenure**

Renter occupied housing units 1,609
Owner occupied housing units 2,091

Renters take up 43% of Milford, New Hampshire real estate, occupying a total of 1,609 units, while homeowners live in 2,091 properties.

Median number of rooms of renter-occupied housing units**

3.5

Renter median household income**

$45,273

Average household size of renter-occupied housing units**

1.98

Rental vacancy rate**

3.7%

Milford, New Hampshire Renter-occupied housing units by no. of bedrooms**

No bedrooms 112
1 bed 574
2 beds 747
3 beds 165
5 or more beds 11

There are 747 rentals in Milford, New Hampshire with 2 beds making up the highest share of the market, at 46%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 11 units. Overall, the median number of rooms in Milford, New Hampshire homes for rent is 3.5.

Milford, New Hampshire Renter-occupied units by age of householder**

15 - 24 years 107
25 - 34 years 386
35 - 44 years 350
45 - 54 years 258
55 - 59 years 168
60 - 64 years 82
65 - 74 years 117
75 - 84 years 98
85 years and over 43

Most condos for rent in Milford, New Hampshire are occupied by residents in the 25 - 34 years age group (24%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.

Milford, New Hampshire Renter-occupied housing units by family type**

Family households 643
Non-Family Households 966

Milford, New Hampshire Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 402
No related children of the householder under 18 1,207

A total of 643 apartments for rent in Milford, New Hampshire, or 40% of all rentals are family households. Additionally, 25% of rental homes include children under the age of 18 – that’s 402 units. All in all, the median size of a renter-occupied household in Milford, New Hampshire is 1.98.

Milford, New Hampshire Renter-occupied housing units by educational attainment**

Less than high school graduate 139
High school graduate (including equivalency) 608
Some college or associate's degree 530
Bachelor's degree or higher 332

In terms of education, renters holding bachelor degrees or higher make up 21% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Milford, New Hampshire.

Milford, New Hampshire Renter-occupied units by year structure built**

Built 2010 - 2019 24
Built 2000 - 2009 108
Built 1990 - 1999 62
Built 1980 - 1989 288
Built 1970 - 1979 295
Built 1960 - 1969 136
Built 1950 - 1959 59
Built 1940 - 1949 106
Built 1939 or earlier 531

The highest share of Milford, New Hampshire apartment rentals, namely 33% or 531 units, were Built 1939 or earlier, followed by those Built 1970 - 1979 (18%, 295 units), and the ones Built 1980 - 1989 (18%, 288 units).

Milford, New Hampshire Renter-occupied units by year householder moved in**

Moved in 2021 or later 70
Moved in 2018 to 2020 432
Moved in 2010 to 2017 983
Moved in 2000 to 2009 114
Moved in 1989 or earlier 10

Median year renter moved into unit 2016

Most Milford, New Hampshire renters (61%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Milford, New Hampshire condos for rent is 2016.

Milford, New Hampshire Renter-occupied housing units by vehicles available**

No vehicle available 197
1 vehicle available 709
2 vehicles available 620
3 vehicles available 53
4 vehicles available 12
5 or more vehicles available 18

When it comes to transportation options, 44% of Milford, New Hampshire renters have 1 vehicle available per household, 39% of them have 2 vehicles available, and 12% have No vehicle available.

Milford, New Hampshire Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,389
Car, truck, or van - carpooled 196
Walked 133
Worked at home 30

Milford, New Hampshire Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 2,738
Moved within same county 325
Moved from different county within same state 24
Moved from different state 81

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Milford, New Hampshire apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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