Studio Rent · July 2026

Studio Apartment Rent in Milford, DE

$1,020/mo

Median asking rent for a studio apartment in Milford, Delaware as of July 2026. That's +51% lower than the citywide median of $2,092 and +21% below the national studio median of $1,290.

Studio median
$1,020
July 2026
vs city overall
-51%
$2,092 city median
vs national
-21%
$1,290 US median
Delaware rank
#1
of 9 cities

Income needed for a studio in Milford

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.

Annual income
$40,800
Monthly gross
$3,400
Hourly (full-time)
$19.62

Rent by apartment size in Milford

Compare Milford's median rent across every apartment size.

Studio (current)
$1,020
1-Bedroom
$1,040
2-Bedroom
$1,350
3-Bedroom
$1,770
4+ Bedroom
$2,090

Cheapest cities for a studio in Delaware

#CityStudio rent
1Milford (this page)$1,020
2Dover$1,165
3New Castle$1,240
4Claymont$1,270
5Wilmington$1,277
6Lewes$1,330
7Newark$1,370
8Middletown$1,510
9Bear$1,700

Most expensive cities for a studio in Delaware

#CityStudio rent
1Bear$1,700
2Middletown$1,510
3Newark$1,370
4Lewes$1,330
5Wilmington$1,277
6Claymont$1,270
7New Castle$1,240
8Dover$1,165
9Milford (this page)$1,020

Nearby cities — studio rent

Most nearby cities have similar or higher studio rents than Milford.

CityDistanceStudio rentvs Milford
Dover, DE19.8 mi$1,165+$145 (+14%)
Lewes, DE20 mi$1,330+$310 (+30%)
Millville, NJ38 mi$1,180+$160 (+16%)
Salisbury, MD43.9 mi$1,090+$70 (+7%)
Bear, DE49.9 mi$1,700+$680 (+67%)
Easton, MD50.7 mi$1,170+$150 (+15%)
New Castle, DE51.4 mi$1,240+$220 (+22%)
Newark, DE56 mi$1,370+$350 (+34%)
Sicklerville, NJ60.6 mi$1,540+$520 (+51%)
Woodbury, NJ63.1 mi$1,460+$440 (+43%)
Margate City, NJ64.8 mi$1,410+$390 (+38%)
Somerdale, NJ66.1 mi$1,230+$210 (+21%)

Studio rent in Milford — common questions

How much is a studio apartment in Milford?

As of July 2026, the median studio apartment rent in Milford, Delaware is $1,020 per month. This is +51% below the citywide median of $2,092.

What income do you need to afford a studio in Milford?

Using the standard 30% rent-to-income rule, you would need an annual income of about $40,800 ($3,400/month gross), which works out to roughly $19.62/hour at a full-time job.

Is Milford expensive for a studio compared to the rest of the US?

Milford's studio median of $1,020 is +21% below the national studio median of $1,290. It ranks in the 29th percentile of US cities tracked.

How does Milford rank for studio rent in Delaware?

Among the 9 cities in Delaware with studio data, Milford ranks #1 from cheapest to most expensive.

Are there cheaper studio options near Milford?

Most nearby cities have similar or higher studio rents than Milford.

All rent data
Milford rent overview →
Trend
Milford rent history →
Calculator
Milford affordability →
Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Milford, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.