Milford, Delaware Short Term Rental Regulations
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Reviewed by Karolyn Hutson
Last updated August 23, 2023
Milford Short-Term Rental Regulations
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Short Term City Rating7.4
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Competition
9.3 -
Real Estate Cost
8.1 -
STR Regulations
N/A -
Seasonality
8.0 -
Rental Rates
4.3
Milford, Delaware Quick Stats
Short-term rentals have gained a lot of traction in the last few years. The trends and statistics of this sector are constantly changing, and having access to accurate data is essential for making sound investment decisions.
- Population
- 11,190
- STR License Required
- No
- Tourist Season
- County
- Sussex
- Airports
- Salisbury Ocean City Wicomico Regional Airport (SBY)
- New Castle Airport (ILG)
Want to learn more about Milford?
Hostscouts has you covered. Our guides for this city cover topics that can help you research cities across the US quickly and easily.
Check out our Milford rental analytics guide if you're interested in data on the Milford rental market.
Review the popular activities that hosts include in their property positing in Milford.
The most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings.
Explore nightly rates that hosts list their properties and the average fees for pets and additional guests.
What are the most popular property sizes for rent? Research whether a 1, 2, or 3 bedroom best fits Milford guests.
Interested in other Delaware cities?
Check out the Delaware short term rental regulations directory
What makes Milford a great place to invest?
- Milford, Delaware is a charming small town located on the Mispillion River, and is a perfect place for visitors who want to experience the beauty of nature. The Mispillion Riverwalk offers visitors the chance to enjoy a leisurely stroll or bike ride along the river, and is a great place to catch a glimpse of local wildlife, including herons, egrets, and ospreys.
- Milford is also home to the Milford Museum, which offers visitors a glimpse into the town's rich history, including its shipbuilding and agricultural past. The museum features a variety of exhibits and artifacts that tell the story of Milford and its people.
- For shoppers, Milford offers a variety of options, including the Riverfront Market, which features a variety of vendors selling locally made crafts, produce, and other goods.
- If you are looking for outdoor activities, Milford is a perfect place to visit, as it offers a variety of options including hiking, fishing, boating and kayaking, as well as several parks and nature preserves to explore.
- For food lovers, Milford has a wide variety of restaurants and cafes that offer everything from seafood to international cuisine, making it a perfect place to indulge in some delicious local fare.
Milford Nearby Cities
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- Rating: 5.3
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- Rating: 5.4
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Local Real Estate
How expensive is the real estate in Milford?
The cost of real estate can vary widely depending on the location, size, and features of the property, as well as market conditions. The median home value in Milford has decreased 0% over the past year, and the average price per square foot is $196, which is lower than the national average.
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Median Sale Price
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$303,712
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Median per Square Foot
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$196
The most common terms hosts include in their listings for Milford, Delaware
When potential guests are scrolling through listings on Airbnb, they’re looking for certain essential information to help them decide if your property is the right fit for their needs. As a host, ensuring that your listing includes all the relevant information that guests will be looking for is vital.
Some of the must-have elements of a property description include:
- Location: Guests will want to know where your property is located in relation to popular attractions, public transportation, and other points of interest.
- Amenities: What amenities does your property offer? Be sure to list all features guests can access, such as a pool, hot tub, parking, etc.
- Informative: The average listing in Milford has a description approximately 1,282 words long. Make sure yours is long enough to describe your property but doesn't require your potential guest to read a novel.
After reviewing more than 119 listings in Milford, we've consolidated the most common terms on the word cloud. The larger text represents a term that is used more often. The top ten mentioned terms are Beach, Beaches, DE Turf, Family, Quiet, Delaware, South, View, Deck, and Slaughter Beach.
What are the most popular tourist activities in Milford?
Whether renting a house, an apartment, or a room, you should include popular tourist activities in your posting. The most common choices mentioned on property listings in Milford involve Swimming, Boating, the Beach, Sailing, and the Marina. When you write your listing, have a section with recommended activities near the property to give your guests an idea of what is available.
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Swimming
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Boating
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Beach
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Sailing
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Marina
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Kayaking
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Wildlife Viewing
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Rural
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Outlet Shopping
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Eco Tourism
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Cycling
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Antiquing
Local Attractions
What attractions do hosts highlight to guests?
There are quite a few popular attractions in Milford, including Rehoboth Beach Boardwalk, Lewes Beach, Dover Downs Casino, Dover International Speedway, and Sports at the Beach. Below we've included the most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings. Many hosts like to show off lesser-known regional landmarks visitors might not have heard of.
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Local Landmark
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Dogfish Head Craft Brewery
Included on most listings
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Regional Landmark
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DE Turf Sports Complex
Included on 77% of listings
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Regional Landmark
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Lewes Beach
Included on 68% of listings
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Regional Landmark
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Harrington Raceway and Casino
Included on 45% of listings
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Regional Landmark
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Sports at the Beach
Included on 29% of listings
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Regional Landmark
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Rehoboth Beach Boardwalk
Included on 10% of listings
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Regional Landmark
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Dover Downs Casino
Included on 10% of listings
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Regional Landmark
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Dover International Speedway
Included on 10% of listings
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Regional Landmark
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Sunset Beach
Included on 10% of listings
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Regional Landmark
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Cape May - Lewes Ferry
Included on 10% of listings
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Regional Landmark
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Cape Henlopen State Park
Included on 10% of listings
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Regional Landmark
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Delaware State University
Included on 10% of listings
What’s the weather like in Milford, Delaware?
The weather is generally milder than the national average, with an average high temperature of around 65°, while the average low is about 49°. The rainfall is much heavier, averaging about 38 inches per year, compared to the national average of about 27 inches. Snowfall can be rather heavy, averaging less than 12 inches per year. The humidity levels in Milford are generally muggier than the national average, and the city has a mix of clouds and sunshine for most of the year.
Winter
December through February
31° Low 45° High
Spring
March through May
46° Low 64° High
Summer
June through August
67° Low 84° High
Fall
September through November
51° Low 67° High
Cities Near Milford
Milford, Delaware, is located in Sussex County. Some cities that are located nearby include: