Delaware, known as the "First State," is charming, with stunning beaches, quaint towns, and a rich historical heritage. Take a step back in time and explore the state's vast museums and cultural attractions, like the First State Heritage Park and the Zwaanendael Museum. In addition, the University of Delaware and Delaware State University offer exceptional learning opportunities for those seeking higher education. Delaware's economy thrives on industries like finance, chemical production, and agriculture. These industries play a vital role in driving the state's economy, providing ample job opportunities for residents.

But Delaware is not just about work. It also offers endless opportunities for outdoor recreation, from fishing in the Delaware Bay to hiking in the state parks. You can also explore famous attractions like the Hagley Museum and Library, the Winterthur Museum, and the historic town of Lewes. For those seeking more entertainment and interests, the Delaware Theatre Company, the Delaware Museum of Natural History, and Dewey and Rehoboth beach towns are just a few examples of the many activities available.

Delaware offers beautiful beaches, picturesque towns, rich history, and a unique blend of urban vibrancy and coastal charm, making it a great place to call home.

Rental Market Trends

Milton, DE

As of May 2026, Milton's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Milton's average rent is 13.0% ($235) lower than the Delaware average of $1,808 and 12.1% ($216) lower than the U.S. average of $1,789.

Average Rent

$1,573

Monthly ChangeMonth Over Month Change

0.3% ($5)

Yearly ChangeYear Over Year Change

2.2% ($34)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,363	0.8% ($11)	3.4% ($45)
2 Beds	$1,572	0.1% ($2)	2.2% ($34)
3 Beds	$1,793	0.6% ($11)	2.5% ($43)

Nearby Cities	Average Rent	Avg. Rent vs. MiltonAverage Rent vs. Milton	Avg. Days on MarketAverage Days on Market
Lewes	$2,703	71.8% ($1130)	33 days
Georgetown	$1,758	11.8% ($185)	34 days
Rehoboth Beach	$2,104	33.8% ($531)	33 days
Milford	$2,150	36.7% ($577)	30 days
Greenwood	$1,615	2.7% ($42)	31 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Milton Rental Market FAQs

Explore rental prices, market trends, and availability in Milton, DE.

What is the average rent in Milton, DE?

The average rent in Milton, DE is $1,573 per month.

What is the rental price range for homes in Milton, DE?

Homes in Milton typically rent for between $954 and $2,331 per month, with an average of $1,573 per month.

What is the average rent for different bedroom sizes in Milton, DE?

In Milton, the average rent for a 1-bedroom home is $1,363 per month, for a 2-bedroom home, $1,572 per month, and a 3-bedroom home is $1,793 per month.

How do rent prices in Milton, DE compare with the national average?

The average rent in Milton is 12.1% ($216) lower than the national average of $1,789 per month.

How have rent prices in Milton, DE changed recently?

The average rent in Milton has increased by 0.3% ($5) in the last month and increased by 2.2% ($34) over the past year.

How competitive is the rental market in Milton, DE?

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

How long do rentals stay on the market in Milton, DE?

In Milton, DE, the average rental stays on the market for approximately 34 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 Milton, DE?

There are currently 3 rental properties available in Milton, DE.

Can I afford to rent a home in Milton, DE?

Based on the current averages, a household would need an annual income of $62,880 to comfortably afford a 2-bedroom home in Milton.