
Cheap Homes for Rent in Milford, CT from $500 (25 Rentals)
Search the lowest-cost Homes available for rent right now in Milford.


1051 South Ave

3 Murphys Ln, Unit 5, Unit 5

53 Cooper Ave

6 Daybreak Ln

310 Booth St
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.

1111 Stratford Ave

167 Clark St

460 Asbury Ridge

40 Prayer Spring Rd

155 Short Beach Rd

143 Boston Ave, Unit 1
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.

54 Milesfield Ave

35 Harding Ave

1460 Elm St

30 Priscilla Ln, Unit 1, Unit 1

155 Bull Hill Ln

314 Bridgeport Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

40 Chapel St

185 Melba St

99 Cherry St

185 Melba St, Unit 204, Unit 204

125 Warner Hill Rd

96 W Main St, Unit 1
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1080 New Haven Ave
Milford, CT Local Guide

How much does it cost to rent a home in Milford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milford 2 Bedroom Homes for Rent | $2,852 | $1,900 | $5,500 |
| Milford 3 Bedroom Homes for Rent | $3,673 | $2,000 | $6,995 |
| Milford 4 Bedroom Homes for Rent | $4,956 | $3,150 | $10,000+ |
| Milford 5 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Top Homes for Rent in Milford
Explore Milford
Milford, CT Local Guide
- Milford Neighborhoods
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Cheapest Neighborhoods for Apartments in Milford, CT
Pricing Updated: 05/18/2026Current apartment rentals in the Milford, CT area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Milford Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Milford | $4,200 | $1,750 | 18 |
Cheapest Available Milford Apartments for Rent
 The cheapest available apartment rental in Milford, CT is a Studio unit found at The Milford Grove in the Putney neighborhood priced from $1,159. Morningside Commons in the Woodmont neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here is today’s list of the most affordable Milford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Milford Grove | S1-BMR 60% | Studio,1BA | $1,159 |
| Morningside Commons | Studio | Studio,1BA | $1,250 |
| Fully Renovated Modern Apartments | Studio SW/SP | Studio,1BA | $1,525 |
| Cedar Heights | Modern Studio Apartment in the Heart of Stratfo... | Studio,1BA | $1,650 |
| Hunt Apartments | 1BR/1.0BA | 1BR,1BA | $1,885 |
Best Value Apartments for Rent in Milford, CT
As of May 18, 2026 the best value apartment in the Milford area is the $1.89 price per square foot 2 Bedroom/ 1 Bath Model at Spinnaker Falls in the in the Woodmont neighborhood starting from $2,993. The second greatest value Milford apartment is the 2 Bedroom E Model at Lofts at 335 starting at $2,930 with a $2.44 price per square foot in the South Stratford neighborhood. Here is today’s list of the best values for Milford apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Spinnaker Falls | 2 Bedroom/ 1 Bath | 2BR,1BA | $1.89 |
| Lofts at 335 | 2 Bedroom E | 2BR,2BA | $2.44 |
| Spinnaker Crest | 2-Bed/1-Bath | 2BR,1BA | $2.59 |
| 55 Hill St, Unit 55 Hill Street | 55 Hill St | 1BR,1BA | $1.05 |
| Milford Beach Apartments | 2 Bedroom Waterview | 2BR,1BA | $2.46 |
| 78 Cherry St, Unit 78 Cherry - Second Fl | 78 Cherry St | 2BR,1BA | $2.30 |
| 1060 New Haven Ave, Unit 26 | 1060 New Haven Ave | 2BR,1.5BA | $2.53 |
| Merion Milford Apartment Homes | One Bedroom One Bathroom | 1BR,1BA | $2.65 |
| Hunt Apartments | 1BR/1.0BA | 1BR,1BA | $2.50 |
| Morningside Commons | Studio | Studio ,1BA | $1.92 |
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.
Milford, CTPopulation: 53,120
Ranked #739
in US Census Population by City
Best Local Schools in Milford, CT
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Milford, CT Rentals by Map
See the most popular apartments and homes in Milford, CT
Frequently Asked Questions about Milford
What type of rentals are currently available in Milford?
There are currently 116 Apartments for Rent in Milford, CT with pricing that ranges from $1,150 to $4,660. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milford ranging from $550 to $15,000.
What is the current price range for Rental Homes in Milford?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Milford ranges from $550 to $15,000 with an average monthly rent of $3,009.
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

Local Experts Guide to the Top Affordable Neighborhoods for Renting in Bridgeport, CT
Written by: M. April Tome
I'm April, your ApartmentHomeLiving.com Local Expert for Bridgeport, CT. I have lived in Fairfield County for over thirty years. I decided to downsize and move to a city with more amenities and affordable rental options.

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.