Low Income Apartments and Affordable Housing For Rent in Milford, DE

Discover affordable housing in Milford where there are 15+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Mispillion Apartments

504 Mispillion, Milford, Delaware 19963

Colony South

250 Williamsburg Dr, Milford, Delaware 19963

Milford Crossing

806 Moyer Circle East, Milford, Delaware 19963

The Villas at Milford Crossing

806A Moyer Circle-East, Milford, Delaware 19963

Brightway Commons I & II

200 Tull Way, Milford, Delaware 19963

Dima X

36 W Clarke Ave, Milford, Delaware 19963

A and I Housing

710 N Washington St, Milford, Delaware 19963

Academy Apartments

204 North St, Milford, Delaware 19963

Brightway Commons Voa Affordable Housing Lp

201 Allenway, Milford, Delaware 19963

Silver Lakes Estates

5 Linstone Ln, Milford, Delaware 19963

The Willows at Milford

151 Cascades Lane, Milford, Delaware 19963

Marshall Manor Apartments

109 Manor Ln, Milford, Delaware 19963

Valley Run

100A Valley Dr, Milford, Delaware 19963

Marshall Manor

109 Marshall St, Milford, Delaware 19963

Delaware

Route 113 S, Milford, Delaware 19963

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Milford, Delaware
$24.58/hour
$11.33 (+86%) more than Delaware minimum wage and $17.33 (+239%) more than the Federal minimum wage.
Learn More About Milford, Delaware Affordable Housing ↓

What HUD offices serve Milford, Delaware?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Moving to Work programs for Milford, Delaware.
Operates the Section 8 Housing Choice Voucher (HCV), Moving to Work programs for Milford, Delaware.

Go to the Delaware Public Housing and Low-Income Apartments Waiting Lists page for openings near Milford.

How many renters live in Milford, Delaware?

The City of Milford has 11,714 people living in 5,034 households.

There are 5,423 renters living in 2,519 renter households in this City. Renters make up 46.3 percent of the population living in Milford.

What is the rental market like in Milford, Delaware?

There are an estimated 5,399 housing units in the Milford area. Of these, 2,569 units are rental homes, making up 48 percent of the housing market. For every renter household in Milford, Delaware, there are 1 rental units.

What is the vacancy rate for rentals in Milford?

The rental vacancy rate in Milford is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Milford for each bedroom size?

Occupied Rental Units by Size in Milford
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
38 685 951 732 79
Occupied Rental Units by Size in Milford

A large number of apartments in Milford have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Milford are overburdened by housing costs?

Among renter households in this market, 47 percent have housing cost burden. Further, 17 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Milford

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,110 to $2,152. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,110
One BR $1,117
Two BR $1,368
Three BR $1,928
Four BR $2,152
2024 Fair Market Rents in Milford, Delaware

How many units are rented at Fair Market Rent (FMR) in Milford?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 38 100 percent
One BR 649 95 percent
Two BR 646 68 percent
Rental Units Below FMR in Milford, Delaware

How many affordable rental units are in Milford?

There are a variety of federal affordable housing programs serving households in Milford, Delaware including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 441
Public Housing 3
Section 8 Project-Based Rental Assistance 239
Section 811 Supportive Housing for Persons with Disabilities 16
USDA Section 515 Rural Rental Housing 160
Tracked Units by Federal Program in Milford, Delaware

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Milford, Delaware

Milford features 271 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Milford, Delaware

There are 435 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Milford.

Housing Choice Vouchers in Milford, Delaware

On average, Section 8 Housing Choice vouchers pay Milford landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Milford.

The maximum amount a voucher would pay on behalf of a low-income tenant in Milford, Delaware for a two-bedroom apartment is between $1,168 and $1,428.

Sourced from federal housing data and AffordableHousingOnline.com research.