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ZIP Code · CT

ZIP 06460

Part of Milford, CT
Pop. 37,649·New Haven County·22nd most expensive ZIP in Connecticut
Median rent (all units)
$2,565/mo
Year-over-Year
+9.1%
Month-over-Month
+0.3%
vs US Median
+$600
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 06460 · $2,565
More expensive than 81% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,640
1 BR
$1,900
2 BR
$2,350
3 BR
$2,900
4 BR+
$3,430
Research median
$2,350/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: July 20, 2026

Annual cost
$30,780/yr
At $2,565/mo median
Location
StateCT
CountyNew Haven County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.1% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 06460 (Milford, CT) is majority owner-occupied, has a large retiree population, has a median income above the national average, 49.2% of residents hold a bachelor's degree or higher.

Population
37,649
Median income
$104,360
Median age
47.8
Renters
28.8%
Age distribution
16.6%
18.6%
25.4%
16%
23.4%
Under 1816.6%
18–3418.6%
35–5425.4%
55–6416%
65+23.4%
Gender
47.5%
52.5%
Male47.5%
Female52.5%
Race & ethnicity
84.1%
White84.1%
Black3.5%
Hispanic8.6%
Asian2.9%
Other0.9%
Education (25+)
26%
21.4%
49.2%
No HS diploma3.3%
HS diploma26%
Some college21.4%
Bachelor's+49.2%
Housing tenure
71.2%
28.8%
Owner71.2%
Renter28.8%

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

2021 vs 2026

How ZIP 06460 in Milford, CT has changed in 5 years

Rent
$1,672 → $2,565
up 53.4%
Income
$90,166 → $104,360
up 15.7%
Population
37,309 → 37,649
up 0.9%
Renter share
29% → 28.8%
-0.2 pts
Bachelor's+
46.9% → 49.2%
+2.3 pts
Median age
46.4 → 47.8
+1.4 yrs

Since 2021, the typical rent in ZIP 06460 in Milford, CT has climbed from $1,672 to $2,565, a 53.4% change over five years. Census figures show median household income at $104,360 today, compared with $90,166 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. College-educated residents now make up 49.2% of adults here, versus 46.9% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

Tips for renters in ZIP 06460

About renting in ZIP 06460

Last updated: July 20, 2026

ZIP code 06460 covers Milford, CT. The median rent here is $2,565/mo as of July 2026. A 1-bedroom rents for a median of $1,900/mo. A 2-bedroom rents for a median of $2,350/mo.

At 29% of local median household income ($104,360/yr), ZIP 06460 ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 06460?

As of July 20, 2026, the median monthly rent in ZIP 06460 (Milford, CT) is $2,565. This is based on aggregated data from public sources and community submissions.

How does ZIP 06460 rent compare to the US average?

ZIP 06460's median rent of $2,565/mo is $600 (31%) above the US national median of $1,965/mo.

How does ZIP 06460 compare to other ZIPs in Connecticut?

ZIP 06460 is one of the pricier ZIP codes in Connecticut, ranking #22 out of 85 ZIPs tracked at $2,565/mo.

How much income do you need to rent in ZIP 06460?

To keep rent at or below 30% of gross income, you would need to earn at least $103,000/year (~$50/hour full-time) to afford the median rent of $2,565/mo in ZIP 06460. The local median household income is $104,360/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 06460?

Rent in ZIP 06460 has increased 9.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 06460 an affordable place to rent?

ZIP 06460 is considered affordable for renters. At $2,565/mo, rent takes approximately 29% of the local median household income ($104,360/yr). The standard benchmark is 30%. ZIP 06460 falls comfortably within that range.

What percentage of ZIP 06460 residents rent vs. own?

According to Census data, approximately 28.8% of ZIP 06460 households are renters, while 71.2% are owner-occupied. ZIP 06460 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 06460 compare to the rest of Milford?

ZIP 06460 is pricier than Milford as a whole. At $2,565/mo, it's $30 above the Milford citywide median of $2,535/mo.

When was rent data for ZIP 06460 last updated?

Rent data for ZIP 06460 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $2,565/mo, rent takes ~29% of ZIP 06460's median household income ($104,360/yr). The standard benchmark is 30%.

ZIP 06460 29%Benchmark 30%
State income tax3–6.99%
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Schools nearby

Public schools near ZIP 06460 (Milford, CT)

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