Rent in Milford, CT
Across Milford's 2 ZIP codes, a 2-bedroom typically rents for about $2,249 a month, with figures from $1,932–$2,566. The highest typical rent is in 06461 ($2,566) and the lowest in 06460 ($1,932). Owner-occupied homes in South Central Connecticut Planning Region pay about 1.91% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,645 | $1,609–$1,681 | 2 |
| 1 bed | $1,897 | $1,573–$2,220 | 2 |
| 2 beds | $2,249 | $1,932–$2,566 | 2 |
| 3 beds | $1,912 | $1,447–$2,602 | 2 |
| 4 beds | $3,500+ | $2,935–$3,500+ | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Milford ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Milford, CT?
- About $2,249 a month: the median of the typical rents in 2 ZIP codes, which range from $1,932–$2,566. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Milford, CT?
- About $1,897 a month: the median of the typical rents in 2 ZIP codes, which range from $1,573–$2,220. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Milford, CT?
- About $1,912 a month: the median of the typical rents in 2 ZIP codes, which range from $1,447–$2,602. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Milford, CT?
- About $1,645 a month: the median of the typical rents in 2 ZIP codes, which range from $1,609–$1,681. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Milford, CT?
- About $3,500+ a month: the median of the typical rents in 2 ZIP codes, which range from $2,935–$3,500+. Figures are gross rent (rent plus tenant-paid utilities).
- Which Milford ZIP code has the highest rent?
- For a 2-bedroom, 06461 has the highest typical rent at $2,566 a month, and 06460 the lowest at $1,932.
- What is the property tax rate in Milford, CT?
- Owner-occupied homes in South Central Connecticut Planning Region pay a typical 1.91% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Milford rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).