Rent in South Milford, IN
A 2-bedroom in South Milford, IN (ZIP 46786) typically rents for about $1,039 a month, with a range of $1,039. There are no ZIP-level rent figures here, so these use the HUD Fair Market Rent for LaGrange County. Owner-occupied homes in LaGrange County pay about 0.55% 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 | $789 | $789 | 1 |
| 1 bed | $794 | $794 | 1 |
| 2 beds | $1,039 | $1,039 | 1 |
| 3 beds | $1,238 | $1,238 | 1 |
| 4 beds | $1,366 | $1,366 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD county Fair Market Rents (Oct 1, 2026).
South Milford ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in South Milford, IN?
- About $1,039 a month: the median of the typical rents in 1 ZIP code, which range from $1,039. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in South Milford, IN?
- About $794 a month: the median of the typical rents in 1 ZIP code, which range from $794. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in South Milford, IN?
- About $1,238 a month: the median of the typical rents in 1 ZIP code, which range from $1,238. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in South Milford, IN?
- About $789 a month: the median of the typical rents in 1 ZIP code, which range from $789. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in South Milford, IN?
- About $1,366 a month: the median of the typical rents in 1 ZIP code, which range from $1,366. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in South Milford, IN?
- Owner-occupied homes in LaGrange County pay a typical 0.55% 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 South Milford rent figures come from?
- HUD county Fair Market Rents (Oct 1, 2026).