What is the median rent in Milford Borough, NJ?

Name: Median rent in Milford Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Milford Borough, NJ is $1,523 (±$322) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 142 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Milford Borough, the median gross rent went from $1,301 in 2015–2019 to $1,523 in 2020–2024 (+17.1%).

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 November 12, 2026.

Median gross rent: $1,523 (±$322)
Rented homes: 142 (±54)
$2,000 or more: 20.4%
Since 2015–2019: +17.1%

How much rent costs in Milford Borough

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Milford Borough	Hunterdon County	New Jersey	United States
Less than $500	11.3% (±18.4 points)	5.7%	6.1%	6.3%
$500 to $999	2.8% (±4.3 points)	6.5%	7.9%	20.2%
$1,000 to $1,499	34.5% (±17.4 points)	26.0%	23.5%	28.1%
$1,500 to $1,999	31.0% (±17.5 points)	31.5%	28.5%	21.1%
$2,000 to $2,499	16.9% (±13.3 points)	15.3%	17.2%	12.0%
$2,500 to $2,999	1.4% (±2.7 points)	6.5%	7.9%	5.5%
$3,000 or more	2.1% (±3.4 points)	8.4%	8.9%	6.8%

The most common range is $1,000 to $1,499, paid by 34.5% of renting households.

20.4% of rented homes in Milford Borough cost $2,000 or more a month.

Milford Borough against Hunterdon County, its state and the nation

Estimate (90% margin of error)
	Milford Borough	Hunterdon County	New Jersey	United States
Median gross rent	$1,523 (±$322)	$1,687 (±$51)	$1,720 (±$7)	$1,413
Rented homes paying rent	142 (±54)	6,917 (±492)	1,230,839 (±7,912)	42,849,984

In Milford Borough, median gross rent is not measurably different from Hunterdon County ($1,687).

It is not measurably different from New Jersey ($1,720).

It is not measurably different from the national figure ($1,413).

In Hunterdon County, Milford Borough ranks 19 of 24 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 402 of 548.

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

How rent in Milford Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,301 (±$168)	$1,523 (±$322)	+17.1%	No measurable change after inflation
Households that rent	30.8% (±7.8 points)	28.2% (±8.4 points)	−2.6 percentage points	Not a measurable change
Rental vacancy rate	6.4% (±9.5 points)	0.0% (±26.6 points)	−6.4 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 Borough

Nearest places with a published estimate, compared with Milford Borough
Place	Distance	Median gross rent	Compared with this place
Milford Borough	—	$1,523 (±$322)	—
Bridgeton Township	2.2 mi	$1,418 (±$122)	Not measurably different
Holland Township	2.5 mi	$1,600 (±$551)	Not measurably different
Frenchtown Borough	3.5 mi	$1,761 (±$148)	Not measurably different
Bloomsbury Borough	5.8 mi	$1,500 (±$1,165)	Not measurably different
Nockamixon Township	5.8 mi	$1,382 (±$111)	Not measurably different
Riegelsville	5.9 mi	$1,170 (±$156)	Not measurably different
Tinicum Township (Bucks County)	6.1 mi	$1,468 (±$1,103)	Not measurably different
Pohatcong Township	6.2 mi	$1,793 (±$782)	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 Hunterdon County, place by place

Rank	Place	Median gross rent
13	Frenchtown Borough	$1,761 (±$148)
14	Union Township (Hunterdon County)	$1,625 (±$250)
15	Raritan Township	$1,615 (±$263)
16	Holland Township	$1,600 (±$551)
17	Stockton Borough	$1,592 (±$405)
18	Flemington Borough	$1,532 (±$117)
19	Milford Borough	$1,523 (±$322)
20	Bloomsbury Borough	$1,500 (±$1,165)
21	Lambertville	$1,438 (±$1,372)
22	Kingwood Township	$1,388 (±$417)
23	Lebanon Township	$1,283 (±$637)
24	Hampton Borough	$1,125 (±$611)

Showing 12 of 24 places in Hunterdon 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 Borough

What is the average rent in Milford Borough, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Milford Borough is $1,523 (±$322) 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 Borough?

In Milford Borough, the median gross rent went from $1,301 in 2015–2019 to $1,523 in 2020–2024 (+17.1%).

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 Borough cost more than $2,000 a month?

20.4% of rented homes in Milford Borough have a gross rent of $2,000 or more a month, and 11.3% cost less than $500.

Is rent in Milford Borough higher than in Hunterdon County?

In Milford Borough, median gross rent is not measurably different from Hunterdon County ($1,687).

It is not measurably different from New Jersey ($1,720).

It is not measurably different from 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 borough, Hunterdon County, New Jersey (county subdivision:46260, in state:34 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.

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.