Milford, OH Rental Market Trends

Highlights

The average rent for an apartment in Milford is $898, a 11% increase compared to the previous year, when the average rent was $811.

Average Rent in Milford, OH

Last updated January 2020
Average Rent Y-o-Y Change Average Apartment Size
$898 11% 837 sq. ft.

The average size for a Milford, OH apartment is 837 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Milford, OH Apartment Rent Ranges

  • < $5001%
  • $501-$70029%
  • $701-$1,00053%
  • $1,001-$1,50010%
  • $1,501-$2,0007%

Milford, OH Occupied Housing Units

  • Renter-occupied Households31%
  • Owner-occupied Households68%

4,038 or 31% of the households in Milford, OH are renter-occupied while 8,611 or 68% are owner-occupied.

Milford, OH Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Jan / 2020
Milford, OH $771 $776 $784 $797 $797 $811 $816 $880 $898
National $1,347 $1,379 $1,381 $1,384 $1,420 $1,429 $1,433 $1,469
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How Milford Compares to Other Cities

Average Rent Y-o-Y Change
Cincinnati $1,028 6%
Columbus $941 3%
Dayton $797 7%
Northwest Ohio $784 5%
Cleveland $1,098 3%
Batavia $810 5%
Amelia $700 11%
Loveland $1,122 5%
Milford $898 11%
Sixteen Mile Stand $1,282 6%
Mount Carmel $935 3%

For more information about the Milford rental trends, check out our monthly rent report

Check out Ohio Cities, Ohio Neighborhoods and Ohio Zip Codes for more details on verified listings, including the Ohio Average Rent.

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Milford apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.