Milton, New York Rental Market Trends
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 Milton, New York rental market.
Milton, New York
Average Apartment Rent
$2,191
Y-o-Y Change in Average
Apartment Rent
9.6%
As of February 2026
Compared to a year ago, Milton, New York apartments have recorded a 9.6% rent increase.
Milton, New York Average apartment rent trend
Milton, New York Average Apartment Rent
Milton, New York Apartment rent ranges
At 46.81%, apartments priced $2,000 - $2,500 represent the bulk of Milton, New York rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 9.33%.
Milton, New York Housing tenure**
Renters take up 29% of Milton, New York real estate, occupying a total of 560 units, while homeowners live in 1,376 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$69,722
Average household size of renter-occupied housing units**
1.75
Milton, New York Renter-occupied housing units by no. of bedrooms**
There are 349 rentals in Milton, New York with 2 beds making up the highest share of the market, at 62%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 11 units. Overall, the median number of rooms in Milton, New York homes for rent is 4.3.
Milton, New York Renter-occupied units by age of householder**
Most condos for rent in Milton, New York are occupied by residents in the 25 - 34 years age group (24%), followed by those in the 65 - 74 years age group (20%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 2%.
Milton, New York Renter-occupied housing units by family type**
Milton, New York Renter-occupied housing units by the presence of own children**
A total of 223 apartments for rent in Milton, New York, or 40% of all rentals are family households. Additionally, 20% of rental homes include children under the age of 18 – that’s 113 units. All in all, the median size of a renter-occupied household in Milton, New York is 1.75.
Milton, New York Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 41% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Milton, New York.
Milton, New York Renter-occupied units by year structure built**
The highest share of Milton, New York apartment rentals, namely 53% or 299 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (27%, 152 units), and the ones Built 1980 - 1989 (7%, 40 units).
Milton, New York Renter-occupied units by year householder moved in**
Median year renter moved into unit 2020
Most Milton, New York renters (49%) moved in 2018 to 2020, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Milton, New York condos for rent is 2020.
Milton, New York Renter-occupied housing units by vehicles available**
When it comes to transportation options, 50% of Milton, New York renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 8% have 3 vehicles available.
Milton, New York Means of transportation to work of householders living in renter-occupied housing units**
Milton, New York Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Milton, New York 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
