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Newest Homes for Rent in Milton, WA

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  • /39

    Starting at $1,770 Per Month

    • 1 - 2 Beds

    1211 S 376th St, Milton, WA 98354

    Residents appreciate Milton for its small-town heart with both urban and rural character, where neighbors feel connected and community runs deep. Bordering Tacoma and Fife, with convenient access to I-5, the city also connects easily to Sumner and Puyallup. The Interurban Trail winds through town for walking and biking, Milton Community Park invites recreation and gatherings, and the West Milton

    The Residences at Stone Creek

    1211 S 376th St, Milton, WA 98354
  • /33

    Starting at $1,799

    Total Monthly Price

    • 1 - 3 Beds

    210 27th Ave, Milton, WA 98354

    Discover our premier apartment community, Sundance Apartment Homes, in Milton, WA, near Tacoma. This vibrant community in the neighborhood is close to high-end restaurants and boutique local stores. Our apartments are pet-friendly and the perfect home for professionals, students, families, seniors, and everyone in between. Take a closer look at everything we have in store for you at our Milton,

    Sundance

    210 27th Ave, Milton, WA 98354
  • /29

    $4,708 Per Month

    • 4 Beds
    • 1.5 Baths
    • 2,173 Sq Ft
    • House for Rent

    1715 Meridian Ave E, Edgewood, WA 98371

    Exceptional opportunity to own a beautifully remodeled, free-standing office building in a highly visible and convenient location. Updated throughout with contemporary finishes and modern design, this move-in-ready property offers a professional environment ideal for a variety of business uses. The main level features a welcoming open reception/lobby area, four private offices, a half bath, and a

    Leslie Fleming United R/E Puget Sound West

    1715 Meridian Ave E, Edgewood, WA 98371

Frequently Asked Questions

How much does it cost to rent a home in Milton, WA?
The median rent for a home in Milton, WA is $2,650 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Milton, WA?
To comfortably afford the median rent in Milton, WA, a household needs to earn roughly $106,000 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 $2,650 per month in Milton, WA, renters typically need to show $7,950 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 Milton, WA?
In Milton, WA, the price-to-rent ratio is 19.2, 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.
What neighborhoods in Milton, WA are best for renting a home?
The best neighborhood for renting in Milton, WA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include West Campus - Fed Way, Federal Way City Center, Northeast Tacoma and East Fife, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$2,650
Median Single Family Home Rent
$2,650
Median Townhouse Rent
$2,645
How to Rent a Home