
Cheap Homes for Rent in Downtown Milford Neighborhood of Milford, CT from $1,700 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Milford area of Milford.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

54 Milesfield Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Downtown Milford, Milford, CT Local Guide

How much does it cost to rent a home in Downtown Milford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Milford 2 Bedroom Homes for Rent | $2,866 | $2,500 | $3,400 |
| Downtown Milford 3 Bedroom Homes for Rent | $3,540 | $2,000 | $6,000 |
| Downtown Milford 4 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Downtown Milford Neighborhood of Milford, CT.
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Downtown Milford, Milford, CT Local Guide
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Best Value Apartments for Rent in Downtown Milford, CT
As of May 22, 2026 the best value apartment in the Downtown Milford area is the $2.74 price per square foot Grand Newport Model at Muse Milford in the in the Putney neighborhood starting from $3,770. The second greatest value Downtown Milford apartment is the 43 - 2 Bed, 2 Bath, 1 Den Model at Forest Hills Milford starting at $3,100 with a $2.67 price per square foot in the Putney neighborhood. Here is today’s list of the best values for Downtown Milford apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Muse Milford | Grand Newport | 3BR,2BA | $2.74 |
| Forest Hills Milford | 43 - 2 Bed, 2 Bath, 1 Den | 2BR,2BA | $2.67 |
| Spinnaker Crest | 2-Bed/1-Bath | 2BR,1BA | $2.59 |
| 55 Hill St, Unit 55 Hill Street | 55 Hill St | 1BR,1BA | $1.05 |
| Star Deluxe Milford | Two Bed Two Bath | 2BR,2BA | $2.68 |
| 78 Cherry St, Unit 78 Cherry - Second Fl | 78 Cherry St | 2BR,1BA | $2.30 |
| Spinnaker Station | 2-Bed/2-Bath | 2BR,2BA | $3.03 |
| Merion Milford Apartment Homes | One Bedroom One Bathroom | 1BR,1BA | $2.69 |
| Metro Star - Metro on Broad | One Bed One Bath | 1BR,1BA | $2.91 |
| Hunt Apartments | 1BR/1.0BA | 1BR,1BA | $2.50 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown Milford, Milford, CT
Ranked #2
Among cities in Connecticut for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Milford, Milford, CT
School data provided by Great Schools
Frequently Asked Questions about Downtown Milford
What type of rentals are currently available in Downtown Milford?
There are currently 55 Apartments for Rent in Downtown Milford, CT with pricing that ranges from $1,150 to $4,500. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Milford ranging from $1,750 to $6,000.
What is the current price range for Rental Homes in Downtown Milford?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Milford ranges from $1,750 to $6,000 with an average monthly rent of $3,169.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.