What is the median rent in Milford, ME?
The median gross rent in Milford, ME is $943 (±$57) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 126 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 $929 in 2015–2019 to $943 in 2020–2024 (+1.5%).
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
- $943 (±$57)
- Rented homes
- 126 (±88)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +1.5%
How much rent costs in Milford
| Monthly gross rent | Milford | Penobscot County | Maine | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±19.5 points) | 11.9% | 12.2% | 6.3% |
| $500 to $999 | 77.8% (±30.5 points) | 34.0% | 27.4% | 20.2% |
| $1,000 to $1,499 | 22.2% (±30.5 points) | 37.3% | 31.6% | 28.1% |
| $1,500 to $1,999 | 0.0% (±19.5 points) | 10.8% | 16.4% | 21.1% |
| $2,000 to $2,499 | 0.0% (±19.5 points) | 3.5% | 7.1% | 12.0% |
| $2,500 to $2,999 | 0.0% (±19.5 points) | 1.7% | 2.9% | 5.5% |
| $3,000 or more | 0.0% (±19.5 points) | 0.8% | 2.3% | 6.8% |
The most common range is $500 to $999, paid by 77.8% of renting households.
0.0% of rented homes in Milford cost $2,000 or more a month.
Milford against Penobscot County, its state and the nation
| Milford | Penobscot County | Maine | United States | |
|---|---|---|---|---|
| Median gross rent | $943 (±$57) | $1,041 (±$28) | $1,139 (±$13) | $1,413 |
| Rented homes paying rent | 126 (±88) | 18,120 (±954) | 142,202 (±2,328) | 42,849,984 |
In Milford, median gross rent is lower than in Penobscot County ($1,041).
It is also lower than in Maine ($1,139).
It is lower than the national figure ($1,413).
In Penobscot County, Milford ranks 22 of 44 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 219 of 355.
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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $929 (±$174) | $943 (±$57) | +1.5% | No measurable change after inflation |
| Households that rent | 24.4% (±8.7 points) | 12.1% (±6.4 points) | −12.3 percentage points | Measurable decrease |
| Rental vacancy rate | 12.2% (±12.8 points) | 0.0% (±16.2 points) | −12.2 percentage points | Not 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
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Milford | — | $943 (±$57) | — |
| Greenbush | 5.5 mi | $861 (±$48) | Lower |
| Bradley | 7.0 mi | $1,088 (±$325) | Not measurably different |
| Old Town | 8.4 mi | $989 (±$100) | Not measurably different |
| Orono (community) | 9.7 mi | $1,280 (±$117) | Higher |
| Alton | 10 mi | $866 (±$48) | Lower |
| Orono | 11 mi | $1,255 (±$112) | Higher |
| Veazie (community) | 12 mi | $1,095 (±$79) | Higher |
| Veazie | 12 mi | $1,095 (±$79) | Higher |
Nearby places with a measurably lower figure: Greenbush, ME ($861), Alton, ME ($866).
Nearby places with a measurably higher figure: Orono (community), ME ($1,280), Orono, ME ($1,255), Veazie (community), ME ($1,095).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Penobscot County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 16 | Bangor | $1,055 (±$43) |
| 17 | Kenduskeag | $1,033 (±$287) |
| 18 | Exeter | $995 (±$386) |
| 19 | Old Town | $989 (±$100) |
| 20 | Charleston | $988 (±$870) |
| 21 | Newburgh | $950 (±$219) |
| 22 | Milford | $943 (±$57) |
| 23 | Corinna | $938 (±$599) |
| 24 | Howland | $916 (±$246) |
| 25 | Newport | $893 (±$104) |
| 26 | Corinth | $883 (±$157) |
| 27 | Stacyville | $880 (±$74) |
| 28 | Alton | $866 (±$48) |
Showing 13 of 44 places in Penobscot County, ranked from highest to lowest.
The figures for Milford include the places inside it that have pages of their own: Milford (community).
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Milford
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Milford, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Milford beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Milford, and send estimates and invoices from your phone.
Questions about Milford
What is the average rent in Milford, ME?
The Census Bureau publishes the median rather than the average: the median gross rent in Milford is $943 (±$57) 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 $929 in 2015–2019 to $943 in 2020–2024 (+1.5%).
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?
0.0% of rented homes in Milford have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Milford higher than in Penobscot County?
In Milford, median gross rent is lower than in Penobscot County ($1,041).
It is also lower than in Maine ($1,139).
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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Milford town, Penobscot County, Maine
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Milford town, Penobscot County, Maine
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Milford town, Penobscot County, Maine
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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, Penobscot County, Maine (county subdivision:45670, in state:23 county:019).
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.
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 .
Related
- Housing in Milford at a glance
- Income and affordability in Milford
- Home values in Milford
- Homeowner costs in Milford
- Property taxes in Milford
- Types of homes in Milford
- Bedrooms in Milford
- Age of homes in Milford
- Heating fuel in Milford
- Commute and cars in Milford
- Population growth in Milford
- Maine landlord and tenant rules
- Housing across Penobscot County
- Maine places ranked by median rent
- Housing data for every place in Maine