At $2,258/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,258 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Milliken, CO is majority owner-occupied, skews toward younger working-age adults, has a median income above the national average, 24.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Milliken, CO has changed in 5 years
Median household income rose from $73,198 to $107,500 between 2021 and 2024, a 46.9% shift. The population has grown by 9.2% since 2021, moving from about 8,122 residents to roughly 8,871. Renters now make up 7.9% of households, compared with 12.4% five years ago. College-educated residents now make up 24.5% of adults here, versus 27.5% in 2021.
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Can you afford rent in Milliken on your salary?
At $2,258/mo, how Milliken rent compares to typical pay (30% rule).
Milliken rent by bedroom count
Median rent for each apartment size in Milliken. Click any size for full breakdown.
Tips for renters in Milliken
Last updated: August 17, 2026
The median rent in Milliken is $2,258/mo as of August 2026. A studio apartment averages $1,240/mo while a 2-bedroom runs $1,670/mo. One-bedroom apartments average $1,330/mo and 3-bedroom units go for $2,350/mo.
At 25% of local median household income ($107,500/yr), Milliken ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
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What percentage of Milliken residents rent vs. own?
How does Milliken rent compare to the national average?
At $2,258/mo, rent takes ~25% of Milliken's median household income ($107,500/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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