What is the median rent in Milford, IN?

The median gross rent in Milford, IN is $1,029 (±$309) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 170 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Milford, the median gross rent went from $613 in 2015–2019 to $1,029 in 2020–2024 (+67.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$1,029 (±$309)
Rented homes
170 (±84)
$2,000 or more
1.8%
Since 2015–2019
+67.9%

How much rent costs in Milford

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentMilfordKosciusko CountyIndianaUnited States
Less than $50011.2% (±9.9 points)2.9%7.1%6.3%
$500 to $99934.1% (±21.0 points)42.5%36.9%20.2%
$1,000 to $1,49952.9% (±26.3 points)40.6%38.5%28.1%
$1,500 to $1,9990.0% (±19.7 points)12.8%12.0%21.1%
$2,000 to $2,4990.0% (±19.7 points)0.8%3.6%12.0%
$2,500 to $2,9991.8% (±3.8 points)0.0%1.0%5.5%
$3,000 or more0.0% (±19.7 points)0.3%0.9%6.8%

The most common range is $1,000 to $1,499, paid by 52.9% of renting households.

1.8% of rented homes in Milford cost $2,000 or more a month.

Milford against Kosciusko County, its state and the nation

Estimate (90% margin of error)
MilfordKosciusko CountyIndianaUnited States
Median gross rent$1,029 (±$309)$1,043 (±$44)$1,062 (±$5)$1,413
Rented homes paying rent170 (±84)6,836 (±594)758,146 (±6,704)42,849,984

In Milford, median gross rent is not measurably different from Kosciusko County ($1,043).

It is not measurably different from Indiana ($1,062).

It is lower than the national figure ($1,413).

In Kosciusko County, Milford ranks 16 of 28 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 313 of 1,204.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Milford has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$613 (±$50)$1,029 (±$309)+67.9%No measurable change after inflation
Households that rent33.1% (±9.2 points)23.7% (±9.2 points)−9.4 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±14.6 points)0.0% (±19.1 points)0.0 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Milford

Nearest places with a published estimate, compared with Milford
PlaceDistanceMedian gross rentCompared with this place
Milford—$1,029 (±$309)—
Van Buren Township (Kosciusko County)2.4 mi$1,087 (±$49)Not measurably different
Jackson Township (Elkhart County)4.5 mi$1,045 (±$150)Not measurably different
Syracuse4.9 mi$1,115 (±$69)Not measurably different
Jefferson Township (Kosciusko County)5.2 mi$913 (±$193)Not measurably different
New Paris5.9 mi$1,061 (±$172)Not measurably different
Leesburg6.0 mi$1,071 (±$224)Not measurably different
Union Township (Elkhart County)6.2 mi$797 (±$147)Not measurably different
Turkey Creek Township6.9 mi$1,089 (±$105)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Kosciusko County, place by place

RankPlaceMedian gross rent
10Van Buren Township (Kosciusko County)$1,087 (±$49)
11Leesburg$1,071 (±$224)
12Warsaw$1,066 (±$77)
13Harrison Township (Kosciusko County)$1,048 (±$178)
14Wayne Township (Kosciusko County)$1,041 (±$70)
15Franklin Township (Kosciusko County)$1,031 (±$774)
16Milford$1,029 (±$309)
17North Webster$995 (±$141)
18Tippecanoe Township (Kosciusko County)$985 (±$117)
19Burket$950 (±$314)
20Jefferson Township (Kosciusko County)$913 (±$193)
21Pierceton$912 (±$181)
22Washington Township (Kosciusko County)$865 (±$86)

Showing 13 of 28 places in Kosciusko County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Milford

What is the average rent in Milford, IN?

The Census Bureau publishes the median rather than the average: the median gross rent in Milford is $1,029 (±$309) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Milford?

In Milford, the median gross rent went from $613 in 2015–2019 to $1,029 in 2020–2024 (+67.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Milford cost more than $2,000 a month?

1.8% of rented homes in Milford have a gross rent of $2,000 or more a month, and 11.2% cost less than $500.

Is rent in Milford higher than in Kosciusko County?

In Milford, median gross rent is not measurably different from Kosciusko County ($1,043).

It is not measurably different from Indiana ($1,062).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Milford town, Indiana (place:49320, in state:18).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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