Milford, DE
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Milford short-term rental market based on reliable data.
Listings
96 / 313
Reliable / Active
Cap Rate
8%
Middle-Earners Gross Yield
Revenue
$27,943
Middle-Earners Revenue
Occupancy
49%
Middle-Earners Occupancy
Home Value
$337,619
Median Home Sale Price
Top Earners
$55,346
Top-Earners Revenue
Milford
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Milford.
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Generally Investor friendly
Milford Regulations
Short‑term rentals are clearly allowed citywide with a simple, low‑cost residential rental license ($50 per unit) and no explicit caps, but investors must navigate a four‑year rotational inspection program and ongoing state lodging tax compliance, plus fines up to $1,000/day for violations.
Local STR Agent
STR specialist · Milford, DE
About Milford
Milford is a city in Kent and Sussex counties in the U.S. state of Delaware. According to the 2020 census, the population of the city is 11,190 people and 4,356 households in the city.The Kent County portion of Milford is part of the Dover, DE Metropolitan Statistical Area and the Philadelphia-Reading-Camden, PA-NJ-DE-MD Combined Statistical Area, while the Sussex County portion is part of the Salisbury, MD-DE Metropolitan Statistical Area.