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Studio Apartment for Rent in Milford, NH

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    Starting at $1,456 Per Month

    • Studio - 2 Beds

    90 Powers St, Milford, NH 03055

    Do you have a passion for carefree living in the quiet town of Milford? Then Milford Trails Apartments are just right for you. Enjoy our quiet location, wooded nature trails, manicured grounds, playground, pool, dog park, basketball court, and lovely picnic and BBQ areas. There are private storage areas on-site and 24 hour emergency maintenance. Choose a studio, one or two bedroom style. All are

    Milford Trails Apartments and Storage

    90 Powers St, Milford, NH 03055

Why Live in Milford

Milford, New Hampshire, a small historic city with a population of about 16,000, offers a mix of residential options and a vibrant downtown area. Located in southern New Hampshire, Milford spans roughly 25 square miles, with major roadways like Nashua Street, Route 101, and Route 13 providing easy connectivity. The city serves as a hub for surrounding communities, with around 16,000 cars passing through downtown daily. Milford's downtown features locally owned restaurants, shops, and the Milford Oval Park, making it a food destination with highlights like Greenleaf, a restaurant with a nationally recognized chef. Housing options range from New England-style homes, including colonial and Victorian-era designs, to rustic cabins and modern traditionals. Milford faces challenges with affordable housing but is working to encourage development for first-time homebuyers and downsizing seniors. The city hosts community events such as the annual Pumpkin Festival, drawing about 30,000 visitors each October, and the Ghost Train Rail Trail Race. Recreational opportunities abound with Keyes Memorial Park, Centennial Park, and extensive hiking and rail trails. Milford is 11 miles from Nashua and 18 miles from Manchester, making it convenient for commuters. Despite a slight increase in property crime in 2023, Milford remains a community-focused city with ongoing efforts to balance growth and preserve its natural and historical resources.

Frequently Asked Questions

How much does it cost to rent a home in Milford, NH?
The median rent for a home in Milford, NH is $1,950 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 while condos and townhouses are currently more expensive.
How much do you need to make to afford rent in Milford, NH?
To comfortably afford the median rent in Milford, NH, a household needs to earn roughly $78,000 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 $1,950 per month in Milford, NH, renters typically need to show $5,850 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, NH?
In Milford, NH, the price-to-rent ratio is 22.7, 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 Home Trends

Number of Homes for Rent
1
Median Rent
$1,950
Median Single Family Home Rent
$1,910
Median Townhouse Rent
$2,900
Median Condo Rent
$1,913
How to Rent a Home