Connecticut is known for its picturesque coastline, beautiful beaches, affluent suburbs, and world-class educational opportunities. It is home to some of the most prestigious universities in the nation, including Yale University and the University of Connecticut. These institutions have produced some of the most brilliant minds in history, and the state continues to attract top scholars and researchers worldwide. Learn about the state's rich heritage at museums like the Connecticut Historical Society Museum, Mark Twain House & Museum, the Wadsworth Atheneum Museum of Art, and the Connecticut Science Center.

The state offers endless opportunities. Residents can enjoy the rolling hills of the Connecticut countryside, scenic beaches along the Long Island Sound, the Appalachian Trail for hiking and camping, and skiing in the Litchfield Hills. In addition, explore famous attractions like the Mystic Seaport Museum, the Hartford Stage, and the New Britain Museum of American Art.

With its breathtaking landscapes, lively cities, and top-notch quality of life, Connecticut is the perfect place for those seeking a unique blend of beauty and excitement. So embrace the Constitution State and discover why Connecticut is an excellent place to call home.

Rental Market Trends

Milford, CT

As of August 2025, Milford's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Milford's average rent is 7.8% ($166) higher than the Connecticut average of $2,119 and 27.7% ($495) higher than the U.S. average of $1,790.

Average Rent

$2,285

Monthly ChangeMonth Over Month Change

23.9% ($719)

Yearly ChangeYear Over Year Change

18.9% ($532)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,218	1.5% ($34)	1.1% ($24)
2 Beds	$2,555	12.2% ($354)	6.9% ($190)
3 Beds	$3,789	2.2% ($85)	9.1% ($315)

Nearby Cities	Average Rent	Avg. Rent vs. MilfordAverage Rent vs. Milford	Avg. Days on MarketAverage Days on Market
Stratford	$2,148	6% ($137)	34 days
West Haven	$1,809	20.8% ($476)	33 days
Derby	$1,950	14.7% ($335)	35 days
Shelton	$3,262	42.8% ($977)	35 days
Bridgeport	$2,094	8.4% ($191)	38 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Milford Rental Market FAQs

Explore rental prices, market trends, and availability in Milford, CT.

What is the average rent in Milford, CT?

The average rent in Milford, CT is $2,285 per month.

What is the rental price range for homes in Milford, CT?

Homes in Milford typically rent for between $1,553 and $4,926 per month, with an average of $2,285 per month.

What is the average rent for different bedroom sizes in Milford, CT?

In Milford, the average rent for a 1-bedroom home is $2,218 per month, for a 2-bedroom home, $2,555 per month, and a 3-bedroom home is $3,789 per month.

How do rent prices in Milford, CT compare with the national average?

The average rent in Milford is 27.7% ($495) higher than the national average of $1,790 per month.

How have rent prices in Milford, CT changed recently?

The average rent in Milford has decreased by 23.9% ($719) in the last month and decreased by 18.9% ($532) over the past year.

How competitive is the rental market in Milford, CT?

The rental market in Milford, CT, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Milford, CT?

In Milford, CT, the average rental stays on the market for approximately 31 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Milford, CT?

There are currently 8 rental properties available in Milford, CT.

Can I afford to rent a home in Milford, CT?

Based on the current averages, a household would need an annual income of $102,200 to comfortably afford a 2-bedroom home in Milford.