ZIP Code · MA

ZIP 01757

Part of Milford, MA

Pop. 30,609·Worcester County·127th most expensive ZIP in Massachusetts

Median rent (all units)

$2,281/mo

Year-over-Year

-0.3%

Month-over-Month

+1.2%

vs US Median

+$349

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 01757 · $2,281

More expensive than 73% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,570

1 BR

$1,730

2 BR

$2,270

3 BR

$3,160

4 BR+

$3,540

Research median

$2,270/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 01757 is 0.9% below its high of $2,302 in March 2025, at $2,281 as of September 2026.

Past year vs. the rest of Massachusetts

Rent in ZIP 01757 changed -0.3% over the year to September 2026. Across the 140 Massachusetts ZIP codes Zillow tracks, the typical change was +3.0%.

Recent direction

Rent has risen 2 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($96,621) is $2,416 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,270); a 3-bedroom is $3,160.

From Zillow's monthly rent index (ZORI) for ZIP 01757. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$27,372/yr

At $2,281/mo median

Location

CityMilford

StateMA

CountyWorcester County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (-0.3% YoY, +1.2% MoM), not inventory.

Demographics

Who lives here

ZIP 01757 (Milford, MA) is majority owner-occupied, has a median income above the national average, 35.4% of residents hold a bachelor's degree or higher.

Population

30,609

Median income

$96,621

Median age

Renters

34.5%

Age distribution

20.6%

23.1%

24.7%

12.4%

19.1%

Under 1820.6%

18–3423.1%

35–5424.7%

55–6412.4%

65+19.1%

Gender

52.9%

47.1%

Male52.9%

Female47.1%

Race & ethnicity

62.1%

17.7%

13.2%

White62.1%

Black3.7%

Hispanic17.7%

Asian3.3%

Other13.2%

Education (25+)

12.3%

29.7%

22.7%

35.4%

No HS diploma12.3%

HS diploma29.7%

Some college22.7%

Bachelor's+35.4%

Housing tenure

65.5%

34.5%

Owner65.5%

Renter34.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How ZIP 01757 in Milford, MA has changed in 5 years

Rent

$1,969 → $2,281

up 15.8%

Income

$89,273 → $96,621

up 8.2%

Population

30,294 → 30,609

up 1.0%

Renter share

29.3% → 34.5%

+5.2 pts

Bachelor's+

35.1% → 35.4%

+0.3 pts

Median age

40.6 → 39

-1.6 yrs

The median rent in ZIP 01757 in Milford, MA stood at $1,969 in 2023 and currently runs about $2,281, reflecting a 15.8% increase over the period. Household income in the area moved from $89,273 to $96,621 across the same window, up 8.2% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.0% since 2021, moving from about 30,294 residents to roughly 30,609. Renters now make up 34.5% of households, compared with 29.3% five years ago. Reading these numbers side by side helps frame whether current listings in ZIP 01757 in Milford, MA look reasonable against where the market sat half a decade ago.

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About renting in ZIP 01757

Last updated: October 17, 2026

ZIP code 01757 covers Milford, MA. The median rent here is $2,281/mo as of October 2026. A 1-bedroom rents for a median of $1,730/mo. A 2-bedroom rents for a median of $2,270/mo.

At 28% of local median household income ($96,621/yr), ZIP 01757 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 01757?

To keep rent at or below 30% of gross income, you would need to earn at least $91,000/year (about $44/hour full-time) to afford the median rent of $2,281/mo in ZIP 01757. The local median household income is $96,621/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 01757?

Rent in ZIP 01757 has been roughly flat over the past year as of September 2026, a -0.3% change. It sits 0.9% below its high of $2,302 in March 2025.

How does ZIP 01757 compare to other ZIPs in Massachusetts?

ZIP 01757 is one of the more affordable among Massachusetts ZIP codes for rent, ranking #127 of 164 at $2,281/mo. Over the year to September 2026, rent in ZIP 01757 changed -0.3%, against a typical +3.0% across the 140 Massachusetts ZIP codes Zillow tracks.