Houses for Rent in 04461

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What to Know About

Life in Milford & Beyond

Milford shares many of the great qualities that make Maine a desirable place to live.

Maine, known as the "Pine Tree State," is renowned for its breathtaking natural scenery, rocky coastline, and diverse outdoor activities. Immerse yourself in Maine's rich history and traditions by visiting institutions such as the Maine State Museum and the Penobscot Bay History Center or benefiting from prestigious universities like the University of Maine, Bowdoin College, and Colby College. In addition, a thriving fishing industry, robust tourism sector, and abundant natural resources sustain Maine's economy, providing residents with a wide range of employment opportunities.

Experience the best of what Maine has to offer by visiting iconic attractions such as the flagship L.L. Bean store, the Maine Lobster Festival, the historic Maine Maritime Museum, and the charming city of Portland. In addition, enjoy a multitude of outdoor options, from exploring the majestic Acadia National Park and the Allagash Wilderness Waterway to sailing the crystal-clear waters of the Gulf of Maine.

Its thriving economy, excellent recreational offerings, and unique coastal experience make Maine a great place to live, and the state's friendly and welcoming atmosphere will make you feel right at home.

Rental Market Trends

Milford, ME

As of June 2026, Milford's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Milford's average rent is 23.8% ($469) lower than the Maine average of $1,969 and 16.5% ($297) lower than the U.S. average of $1,797.

Average Rent
$1,500
Monthly ChangeMonth Over Month Change
Decreased1.4% ($21)
Yearly ChangeYear Over Year Change
Increased41.1% ($437)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,203 Decreased0.7% ($9) Increased14.9% ($156)
2 Beds $1,516 Decreased0.8% ($12) Increased24.6% ($299)
3 Beds $1,704 Decreased0.7% ($12) Increased19.2% ($275)
Nearby Cities Average Rent Avg. Rent vs. MilfordAverage Rent vs. Milford Avg. Days on MarketAverage Days on Market
Orono $1,609 Increased7.3% ($109) 35 days
Old Town $1,470 Decreased2% ($30) 36 days
Bangor $1,535 Increased2.3% ($35) 27 days
Brewer $1,481 Decreased1.3% ($19) 35 days
Holden $975 Decreased35% ($525) 37 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, ME.

The average rent in Milford, ME is $1,500 per month.
Houses in Milford typically rent for between $842 and $2,215 per month, with an average of $1,500 per month.
In Milford, the average rent for a 1-bedroom house is $1,203 per month, for a 2-bedroom house, $1,516 per month, and a 3-bedroom house is $1,704 per month.
The average rent in Milford is 16.5% ($297) lower than the national average of $1,797 per month.
The average rent in Milford has decreased by 1.4% ($21) in the last month and increased by 41.1% ($437) over the past year.
The rental market in Milford, ME, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Milford, ME, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 6 rental properties available in Milford, ME.
Based on the current averages, a household would need an annual income of $60,640 to comfortably afford a 2-bedroom house in Milford.
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