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Milford, MI Condos for Rent

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  • 862 N Main St, Milford, MI 48381
    862 N Main St, Milford, MI 48381
    862 N Main St, Milford, MI 48381
    /19

    $1,600 Per Month

    • 2 Beds
    • 1.5 Baths
    • 897 Sq Ft
    • Condo for Rent

    862 N Main St, Milford, MI 48381

    Looking to live just minutes from Downtown Milford at an unbeatable price? This is it! Ideally situated along N Main Street, this updated 2-bedroom, 1.5-bath condo puts you right in the heart of one of Metro Detroit’s most desirable small-town communities that is just moments from local restaurants, coffee shops, bars, and year-round events in downtown Milford. Enjoy easy access to everything

    Matthew Thibeault Century 21 Curran & Oberski

    862 N Main St, Milford, MI 48381
  • 434 Hickory St Unit 2, Milford Charter Township, MI 48381
    434 Hickory St Unit 2, Milford Charter Township, MI 48381
    /2

    $1,395 Per Month

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    434 Hickory St Unit 2, Milford Charter Township, MI 48381

    You won't find a better location and charm in Milford! Main floor unit in beautiful historic 4-plex walkable to downtown shops, restaurants and trails! New luxury vinyl flooring, fresh paint and lighting make this unit move in ready! 2 bedrooms large living room, private parking and shared laundry.

    Deidre Boudreau Real Estate One-Milford

    434 Hickory St Unit 2, Milford Charter Township, MI 48381
Michigan Oakland County

Condos for Rent in Milford, MI

Frequently Asked Questions

How much does it cost to rent a condo in Milford, MI?
The median rent for a condo in Milford, MI is $1,600 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Milford, MI?
To comfortably afford the median rent in Milford, MI, a household needs to earn roughly $63,480 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 $1,587 per month in Milford, MI, renters typically need to show $4,761 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, MI?
In Milford, MI, the price-to-rent ratio is 25.0, 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.

Condo Rental Trends in Milford, MI

There are currently 2 condos available for rent in Milford, MI. The median rent is $1,600 per month, with 2-bedroom condos at $1,600.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,600
Median 2 Bedroom Condo Rent
$1,600
How to Rent a Home

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