In Milford, a typical home is worth $296,900 and typical rent is $1,260 a month. Compared with all of Sussex County, typical household income is 27% lower, the typical home value is 22% lower, and the share of households that own their home is 30 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $285,362 to $343,215.
Typical rent
$1,902a month
Typical rent from Zillow, June 2026 to September 2026: from $1,922 to $1,902.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Milford is in Sussex County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Sussex County. See the county
What this place has that others do not, from public data, most unusual first.
1
51% of households in Milford own their home, against 82% in Sussex County.
2
Nearby, in Seaford, the typical home value is $224,300: 24% less than in Milford ($296,900).
3
The typical household income in Milford is $59,464,27% less than in Sussex County as a whole ($81,497).
4
The typical home in Milford is worth $296,900,22% less than in Sussex County as a whole ($382,600).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Milford
What homes there are in Milford, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Milford
Sussex County
Delaware
United States
Kind of home: Milford and its comparisons
Measure
Milford
Sussex County
Delaware
United States
Detached house
57%
65%
59%
61%
Attached house
5%
10%
16%
6%
Building of 2 to 4
7%
3%
4%
8%
Apartments (5 or more)
Unreliable estimate
9%
15%
19%
Mobile home
Unreliable estimate
13%
7%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
Unreliable estimate
0%
Detached houses are the majority in Milford (57%), but less so than in Sussex County (65%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Milford
Sussex County
Delaware
United States
Year built: Milford and its comparisons
Measure
Milford
Sussex County
Delaware
United States
Before 1960
24%
9%
21%
26%
1960–1979
18%
15%
21%
24%
1980–1999
14%
27%
25%
25%
2000–2009
26%
24%
17%
14%
2010 or later
17%
25%
15%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K12%
$200K–$300K34%
$300K–$500K44%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Milford and its comparisons
Measure
Milford
Under $100K
Unreliable estimate
$100K–$200K
12%
$200K–$300K
34%
$300K–$500K
44%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49942%
$1,500–$1,99919%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Milford and its comparisons
Measure
Milford
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
42%
$1,500–$1,999
19%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$1,644 a month
Sussex County: $1,736 a month
Without a mortgage
$470 a month
Sussex County: $535 a month
Owners with a mortgage
57%
Sussex County: 56%
The typical cost for an owner with a mortgage in Milford is $1,644 a month, less than in Sussex County ($1,736); without one, $470.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Milford+56%
Sussex County+48%
Delaware+40%
United States+53%
Typical rent
Milford+26%
Sussex County+20%
Delaware+24%
United States+33%
Typical household income
Milford+24%
Sussex County+29%
Delaware+24%
United States+29%
Change since 2015–2019: Milford and its comparisons
Measure
Milford
Sussex County
Delaware
United States
Typical home value
+56%
+48%
+40%
+53%
Typical rent
+26%
+20%
+24%
+33%
Typical household income
+24%
+29%
+24%
+29%
The typical home value in Milford rose 56% since 2015–2019, more than in Sussex County (48%).
Since 2015–2019, the typical rent in Milford rose 26%, more than in Sussex County (20%).
While home values in Milford changed +56% and rent +26%, the typical household income rose 24%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Milford and its comparisons
Measure
Milford
Sussex County
Delaware
United States
Rental vacancy
Unreliable estimate
6.6%
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
1.3%
0.8%
0.9%
More than one person per room
Unreliable estimate
2.5%
2.1%
3.4%
People per household
2.26
2.38
2.48
2.53
Drive alone
82%
75%
72%
69%
Carpool
7%
8%
8%
9%
Public transit
Unreliable estimate
1%
2%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
8%
13%
15%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Households in Milford are smaller: 2.26 people on average; in Sussex County, 2.38.
To get to work, 82% of workers in Milford drive alone; in Sussex County, 75%.
Do the math
What would you pay each month for a home in Milford?
A typical home costs more than the typical income allows
We start with a typical home in Milford, worth $296,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 47% of the typical household income in Milford, which is $59,464 a year. For that payment to be 28% of income, a household would need to earn about $100,869 a year.
The calculator's FHA and conventional loan limits are those of all of Sussex County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Milford. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $10,392 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$2,354
at 7.18% · 30 years
Loan amount
$291,522
Total interest
$419,432
Paid off in
November 2056
Includes $5,014 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,387 a month
Tight
$1,387 to $1,784 a month
Hard
more than $1,784 a month
Your payment · 47%
Compared with the typical household income in Milford ($59,464 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,975
Property tax
$124
Home insurance
$124
FHA mortgage insurance (MIP)
$131
You need at least $10,392 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $2,354; principal and interest $1,975.
The city and its county
Milford and Sussex County
Milford is in Sussex County, Delaware. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Milford
Map of Sussex County, Delaware, with Milford marked. Around it, the neighboring counties.
Milford
Sussex County
Other cities with a page
Milford's own numbers
Typical home value
$296,900
Typical monthly rent
$1,260
Typical yearly household income
$59,464
Households that own their home
51%
Effective property tax rate
0.5%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Sussex County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,498
Price change over 5 years (FHFA)
+57%
Homes in a high flood-risk zone
15%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Sussex County.
A typical home in Milford is worth $296,900: 22% below the county and 16% below Delaware. With the typical household income in Milford ($59,464 a year), a typical home costs 5.0 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Milford5.0 years
Sussex4.7 years
Delaware4.1 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Sussex County
According to FHFA’s house price index, home prices in Sussex County rose 85% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Sussex County.
Yearly change in FHFA’s price index in Sussex County, 2016 to 2025
2016: +2.0% +2.0% 2016
2017: +3.7% +3.7% 2017
2018: +3.8% +3.8% 2018
2019: +4.7% +4.7% 2019
2020: +2.5% +2.5% 2020
2021: +12.1% +12.1% 2021
2022: +16.7% +16.7% 2022
2023: +5.2% +5.2% 2023
2024: +8.3% +8.3% 2024
2025: +5.3% +5.3% 2025
Change in FHFA’s price index in Sussex County, Delaware and the United States
Period
County
Delaware
U.S.
Last year (2025)
+5.3%
+3.2%
+2.9%
5 years (2020–2025)
+57%
+51%
+47%
10 years (2015–2025)
+85%
+74%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Milford next to Sussex County, Delaware and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Milford$296,900
Sussex$382,600
Delaware$352,000
United States$332,700
Typical monthly rent
Milford$1,260
Sussex$1,238
Delaware$1,401
United States$1,413
Typical yearly household income
Milford$59,464
Sussex$81,497
Delaware$84,954
United States$80,734
See the full table
Milford next to Sussex County and Delaware
Measure
Milford
Sussex County
Delaware
U.S.
Typical home value
$296,900 ▼22% below the county
$382,600
$352,000
$332,700
Typical monthly rent
$1,260
$1,238
$1,401
$1,413
Typical yearly household income
$59,464 ▼27% below the county
$81,497
$84,954
$80,734
Households that own their home
51% ▼30 points below the county
82%
73%
65%
Typical yearly property tax
$1,493 ▲22% above the county
$1,222
$1,768
$3,119
Effective property tax rate
0.5% ▲0.18 points above the county
0.32%
0.5%
0.94%
Renters with high rent for their income
52% ▼2 points below the county
53%
50%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Sussex County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Milford
For a typical $296,900 home in Milford, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Milford's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,354a month
Least cash to close
Down payment
$10,392
Cash to close
$19,299
Rate
7.18%
Mortgage insurance
FHA MIP · $131
Conventional, 5% down$2,299a month
Down payment
$14,845
Cash to close
$23,752
Rate
7.18%
Mortgage insurance
PMI · $141
Conventional, 20% down, no PMI$1,856a month
Down payment
$59,380
Cash to close
$68,287
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,131a month
Down payment
$44,535
Cash to close
$53,442
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Milford
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,354
$10,392
$291,522
7.18%
FHA MIP · $131
$19,299
580
Conventional, 5% down
$2,299
$14,845
$282,055
7.18%
PMI · $141
$23,752
620*
Conventional, 20% down, no PMI
$1,856
$59,380
$237,520
7.18%
None
$68,287
620*
ITIN, 15% down (example)
$2,131
$44,535
$252,365
8.18%
None
$53,442
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Milford is $1,260 a month: about the same as the county. In Milford, 52% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Sussex County, by unit size. To pay the 2-bedroom one ($1,498 a month) without spending more than 30% of your income, you would need to earn $28.81 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Sussex County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,140
$21.92
$45,600
1 bedroom
$1,147
$22.06
$45,880
2 bedrooms
$1,498
$28.81
$59,920
3 bedrooms
$1,843
$35.44
$73,720
4 bedrooms
$2,222
$42.73
$88,880
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Milford
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Milford is in ZIP code 19963.
For 2 bedrooms it is $1,470: $28 less than the fair market rent for Sussex County ($1,498).
Fair market rent by ZIP code and size in Milford, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
19963
$1,140
$1,140
$1,470
$1,900
$2,250
ZIP code2 bd3 bd
19963 $1,470$1,900
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Milford when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 3 HUD-approved agencies with an office in Sussex County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Milford or Sussex County. The ones below are statewide in Delaware: they work in Milford the same as in the rest of the state.
Delaware state authority second loan of $12,000 at 0%, forgiven 10% for each year you live in the home (all of it after 10 years), for homes up to $285,000; the agency announced it as a temporary program.Offered by Delaware State Housing Authority (DSHA).
Delaware state authority 0% second mortgage equal to 4% of your mortgage, for the down payment and closing costs, with no monthly payments until you sell, refinance or stop living in the home; with the Welcome Home (first-time buyers) or Open Door (any buyer) mortgages.Offered by Delaware State Housing Authority (DSHA).
Delaware state authority 0% second mortgage equal to 5% of your mortgage, for the down payment and closing costs, with no monthly payments until you sell, refinance or stop living in the home; only with the Welcome Home mortgage for first-time buyers.Offered by Delaware State Housing Authority (DSHA).
No legal help resource on our list is for Milford or Sussex County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Milford and all of Sussex County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Milford?
The typical home value in Milford is $296,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Sussex County it is $382,600.
How much does it cost to rent in Milford?
Typical rent in Milford is $1,260 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Sussex County is $1,498.
What is the FHA loan limit in Milford?
Milford uses the FHA limit for all of Sussex County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Milford?
The typical homeowner in Milford pays $1,493 a year, according to the U.S. Census Bureau. That is 0.5% of the home’s value; in Sussex County, the rate is 0.32%.
Where can I find free help to buy or rent in Milford?
There are 3 HUD-approved counseling agencies with an office in Sussex County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
