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Milford, NE

Full City Profile · Nebraska · Seward County County

3.5 /5.0
B+ Good
2,656 Population 3,362/sq mi density
$80,997 Median Income $34,662 per capita
$225,200 Home Value $300,872 Zillow
$892 Median Rent 19.9% income on rent
50°F Avg Temperature 308 sunny days/yr
84 Violent Crime/100K 1,118 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$80,997 median income, 0.2% unemployment
A+
Affordability
5.0 / 5.0
$225,200 home value, $892/mo rent
F
Safety
1.0 / 5.0
84 violent crimes/100K
B
Education
3.2 / 5.0
28.0% bachelor's degree or higher

Housing Overview

Median Home Value
$225,200
20% below
US avg: $281,900
Median Rent
$892/mo
23% below
US avg: $1,163/mo
Homeownership Rate
64.7%
1% below US avg (65.4%)
Total Housing Units
973
Median year built: 1969

Home Value by Source

Census Median
$225,200
Zillow (ZHVI)
$300,872
Median Sale Price
$180,000
Median List Price
$275,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.7%
Owner-Occupied
35.3%
Renter-Occupied
65%
35%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$706/mo
1 Bedroom
$791/mo
2 Bedroom
$1,001/mo
3 Bedroom
$1,274/mo
4 Bedroom
$1,409/mo
Census median rent: $892/mo

Market Indicators (Redfin)

Median Days on Market
2 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$108

Affordability & Housing Stock

Rent Burden
19.9%
of renters spending 30%+ of income on housing
36% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
64.7%

Complete Housing Data

Home Values

Census Median Value$225,200
Zillow Home Value (ZHVI)$300,872
Median Sale Price$180,000
Median List Price$275,000
Price Per Sq Ft$108

Rent

Census Median Rent$892
FMR Studio$706
FMR 1-Bedroom$791
FMR 2-Bedroom$1,001
FMR 3-Bedroom$1,274
FMR 4-Bedroom$1,409

Market

Days on Market2
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$108

Ownership & Stock

Owner-Occupied64.7%
Renter-Occupied35.3%
Homeownership Rate64.7%
Total Housing Units973
Median Year Built1969
Rent Burden19.9%