Milford, CT

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Milford short-term rental market based on reliable data.

Listings

125 / 291

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$38,470

Middle-Earners Revenue

Occupancy

60%

Middle-Earners Occupancy

Home Value

$481,662

Median Home Sale Price

Top Earners

$80,751

Top-Earners Revenue

Milford

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Milford.

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C

Challenging to Investors

Milford Regulations

Milford has no specific STR ordinance, allowing rentals citywide without local permits or caps, but investors still must comply with zoning verification, building permits and inspections, safety code upgrades, and state-level occupancy tax and business registrations. This adds cost and complexity that makes the environment more challenging than truly permissive markets.

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About Milford

Milford is a coastal city in New Haven County, Connecticut, United States, between New Haven and Bridgeport. The population was 50,558 at the 2020 United States Census. The city includes the village of Devon and the borough of Woodmont. Milford is part of the South Central Connecticut Planning Region and New York metropolitan area.

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