2026 Affordability Data
Most Affordable Neighborhoods in Milford - 2026 Data
The median home value in Milford is $255,300, 9% below nat'l avg. Median rent is $1,138/month. With an affordability index of 95, Milford is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Milford, DE area.
Key Takeaways: Affordability in Milford
- 1The most affordable neighborhood in Milford is Wilmington, with a median home value of $185,000.
- 2Milford's median home value is $255,300, 9% below nat'l avg (national: $281,900).
- 3Milford's affordability index is 95 (baseline 100), making it less affordable than the national average.
- 4Median rent in Milford is $1,138/month, near national avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Milford to find the most affordable areas based on home values, rent, and affordability index.
Milford Affordability Overview
Median Home Value
$255,300
9% below nat'l avg
Median Rent
$1,138/mo
Near nat'l avg
Median Income
$53,472
28% below nat'l avg
Affordability Index
95
5% below nat'l avg
Most Affordable Neighborhoods in Milford (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | WilmingtonDE | $185,000 |
| 2 | NewarkDE | $334,400 |
| 3 | MiddletownDE | $363,800 |
| 4 | SmyrnaDE | $246,400 |
| 5 | DoverDE | $222,800 |
| 6 | BridgevilleDE | $348,900 |
| 7 | ElsmereDE | $200,700 |
| 8 | New CastleDE | $240,800 |
| 9 | HarringtonDE | $198,000 |
| 10 | MiltonDE | $374,000 |
| 11 | LewesDE | $778,800 |
| 12 | SeafordDE | $208,400 |
| 13 | TownsendDE | $378,600 |
| 14 | CamdenDE | $267,700 |
| 15 | Ocean ViewDE | $436,700 |
Detailed Neighborhood Profiles
Home Value: $185,000
Rent: $433/mo
Affordability: 124
Population: 70,898
Walk Score: 73/100
Home Value: $334,400
Rent: $1,138/mo
Affordability: 95
Population: 30,655
Walk Score: 0/100
Home Value: $363,800
Rent: $1,138/mo
Affordability: 95
Population: 23,573
Walk Score: 0/100
4
Home Value: $246,400
Rent: $1,138/mo
Affordability: 95
Population: 12,870
Walk Score: 0/100
5
Home Value: $222,800
Rent: $1,138/mo
Affordability: 95
Population: 38,879
Walk Score: 0/100
6
Home Value: $348,900
Rent: $854/mo
Population: 2,590
7
Home Value: $200,700
Rent: $1,242/mo
Population: 6,194
Walk Score: 0/100
8
Home Value: $240,800
Rent: $1,525/mo
Population: 5,523
9
Home Value: $198,000
Rent: $1,123/mo
Population: 3,770
10
Home Value: $374,000
Rent: $1,215/mo
Population: 3,349
11
Home Value: $778,800
Rent: $1,354/mo
Population: 3,339
12
Home Value: $208,400
Rent: $1,064/mo
Population: 8,055
Walk Score: 0/100
13
Home Value: $378,600
Rent: $988/mo
Population: 2,728
Walk Score: 0/100
14
Home Value: $267,700
Rent: $1,593/mo
Population: 3,914
15
Home Value: $436,700
Rent: $2,038/mo
Population: 2,660
Frequently Asked Questions About Affordability in Milford
What is the most affordable neighborhood in Milford, DE?▾
Based on 2026 data, Wilmington is the most affordable neighborhood in Milford with a median home value of $185,000. Kurby analyzed 15 neighborhoods in the Milford area to compile these rankings.
What is the median home price in Milford, DE?▾
The median home price in Milford is $255,300, which is 9% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Milford affordable compared to the national average?▾
Milford has an affordability index of 95, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Milford, DE?▾
The median monthly rent in Milford is $1,138. This is near national avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Milford?▾
The median household income in Milford is $53,472 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Milford are below the national average home price?▾
8 out of 15 ranked neighborhoods in Milford have a median home value below the national average of $281,900. The most affordable is Wilmington at $185,000 (Source: Kurby, 2026).