The median home in Milford, Connecticut is valued at $478,259, up 3.9% year over year. Typical monthly rent is $2,453, producing a price-to-rent ratio of 16.2x — near the national average of 18x. Milford is part of the New Haven-Milford, CT metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: New Haven-Milford, CT stress score, crash risk, and 12-month forecast →

Home Value$478,259

+3.9%

Rent$2,453/mo

AFFORDABILITY

Enter your income for Milford.

Income (annual)

Down Payment

$95,652 on $478,259

Out of reach — 54.8% of income

Need $146,786/yr to afford.

PITI$3,425

P/I54.8%

Afford$244K

Gap-$234K

P&I $2,418Tax $857Ins $150

Renting $972/mo cheaper ($2,453 rent)6.50% 30yr, 20% down, county tax + CT ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Connecticut

Compare Milford with other housing markets across Connecticut.

Darien$2245K Greenwich$2187K New Canaan$2027K Westport$1904K Weston$1305K Wilton$1183K Washington$998K Ridgefield$945K

Full New Haven-Milford, CT analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the New Haven-Milford, CT metro.

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MILFORD, CT