
Cheap Homes for Rent in Milford, MA from $1,700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Milford.


1134 Social St

658 Old West Central St

49 Miller St

15 Shadowbrook Ln, Unit Unit 15
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.

76 Homeward Ave

151 King St

5 Austin St

301 Trailside Way

1 Tupperware Dr
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.
Milford, MA Local Guide

How much does it cost to rent a home in Milford?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Milford 2 Bedroom Homes for Rent | $2,462 | $1,900 | $3,300 |
| Milford 3 Bedroom Homes for Rent | $2,906 | $1,750 | $3,995 |
| Milford 4 Bedroom Homes for Rent | $3,620 | $2,500 | $4,200 |
| Milford 5 Bedroom Homes for Rent | $12,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Milford
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Milford, MA Local Guide
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Cheapest Available Milford Apartments for Rent and Nearby
 The cheapest available apartment rental in Milford, MA is a 1 Bed unit found at The Quill Apartments in the 495 South neighborhood priced from $1,761. Sherwood Park in the 495 South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,900. Here is today’s list of the most affordable Milford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Quill Apartments | A1 - 40B Moderate Income Housing | 1BR,1BA | $1,761 |
| Sherwood Park | 1 Bedroom | 1BR,1BA | $1,900 |
| Oak Ridge Village | 1 Bedroom | 1BR,1BA | $1,950 |
Best Value Apartments for Rent in Milford, MA and Nearby
As of April 10, 2026 the best value apartment in the Milford area is the $2.25 price per square foot 18 S Main St Model at 18 S Main St, Unit 2F in the in the 495 South neighborhood starting from $2,700. The second greatest value Milford apartment is the BM14-1198sf Model at Kanso Milford starting at $3,300 with a $2.75 price per square foot in the 495 South 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. |
|---|---|---|---|
| 18 S Main St, Unit 2F | 18 S Main St | 2BR,1BA | $2.25 |
| Kanso Milford | BM14-1198sf | 2BR,2BA | $2.75 |
| Halstead Milford Green | B2 Townhome | 2BR,1.5BA | $2.30 |
| Sherwood Park | 2 Bedroom- 2 Bathroom | 2BR,2BA | $2.14 |
| The Quill Apartments | A3 | 1BR,1BA | $2.98 |
| Oak Ridge Village | 1 Bedroom | 1BR,1BA | $2.44 |
| Windsor at Hopkinton | A1 - Affordable | 1BR,1BA | $2.82 |
| The Groves at Milford | Two Bedroom | 2BR,1BA | $2.65 |
| Charles Bellingham | Aspen | 1BR,1BA | $2.96 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Milford
What type of rentals are currently available in Milford?
There are currently 85 Apartments for Rent in Milford, MA with pricing that ranges from $1,550 to $3,685. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milford ranging from $1,700 to $12,000.
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 $1,700 to $12,000 with an average monthly rent of $4,602.
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 Secrets: Finding the Top Affordable Neighborhoods for Renting in Worcester
Written by: Kevin Wesley
Worcester is a vibrant, culturally rich and diverse city at the heart of central Massachusetts.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.