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Milford, IA Home for Rent

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  • 2920 Sportsmans Dr, Milford, IA 51351
    2920 Sportsmans Dr, Milford, IA 51351
    2920 Sportsmans Dr, Milford, IA 51351
    /14

    $1,800 Per Month

    • 2 Beds
    • 2 Baths
    • House for Rent

    2920 Sportsmans Dr, Milford, IA 51351

    Property Id: 193094 2 Bedroom 2 Bathroom and 2 Stall Attached Garage duplex unit for Rent! This unit has zero stairs and no basement to worry about getting wet. The kitchen, dining and living area are all open to each other. The Master Bedroom features a large Walk In Closet and Master Bathroom. Kitchen and laundry appliances are included. Landlord takes care of lawn care and a majority

    2920 Sportsmans Dr, Milford, IA 51351
Iowa Dickinson County

Homes for Rent in Milford, IA

Why Live in Milford

Milford, IA, is a small community known as the gateway to the Iowa Great Lakes, with Highway 71 providing direct access to nearby lake points, resorts, and entertainment hubs. The city fosters a friendly atmosphere where residents enjoy a mix of historic and modern homes, including bungalows, ranches, American Foursquares, condos, duplexes, and manufactured homes. The Okoboji Community School District serves the area, with highly rated schools like Okoboji Elementary School and Okoboji Middle School. Local businesses and restaurants are primarily located along Highway 71, featuring favorites such as Perkins American Food Co., Mill Creek Restaurant and Lounge, and Oak Hill Outdoor. Milford Pioneer Theater offers a cozy spot for movie nights, while Little Sioux Orchard provides seasonal apple picking and fresh pies. Parks like Florence Park, Calkins Park, and Memorial Park offer various recreational activities, and wildlife areas such as Horseshoe Bend Wildlife Area are popular for hiking and camping. The community is connected by Highway 71 and State Route 86, with the nearest hospital 7 miles away in Spirit Lake and Sioux Falls Regional Airport 103 miles away. Annual events like RAGBRAI and Pioneer Days bring vibrant celebrations to the city, making Milford a lively place with plenty of things to do.

Learn more about living in Milford

Frequently Asked Questions

How much does it cost to rent a home in Milford, IA?
The median rent for a home in Milford, IA is $1,100 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Milford, IA?
To comfortably afford the median rent in Milford, IA, a household needs to earn roughly $44,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,100 per month in Milford, IA, renters typically need to show $3,300 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Milford, IA?
In Milford, IA, the price-to-rent ratio is 33.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Milford, IA

There are currently 1 homes available for rent in Milford, IA. The median rent is $1,100 per month, with single-family homes renting at $1,100.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,100
Median Single Family Home Rent
$1,100
How to Rent a Home

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