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Investment Properties for Sale in Milford, Utah
Milford sits in northern Beaver County out on the high desert west of I-15, and it's one of the more interesting small-town investment markets in Utah for a reason most buyers overlook: jobs. The Blundell geothermal plant, the Milford Wind Corridor (one of the largest wind farms in the state), CML Metals, and the Union Pacific rail line all pull in workers who need housing in a town of roughly 1,500 people. That supply-demand imbalance is what makes rental math work here in a way it doesn't in comparable-sized Utah towns without an industrial base. Home prices are a fraction of what you'd pay along the Wasatch Front, and entry-level houses on big lots still come up regularly on the MLS.
Climate and lifestyle matter for tenant retention too. Milford gets cold high-desert winters and hot, dry summers, with the Mineral Mountains to the east and the Tushar range a short drive away — rockhounding, hunting, and ATV access pull in seasonal renters on top of the year-round workforce. Salt Lake is about three hours north, St. George roughly two hours south, and Cedar City is the closest regional hub at about 50 minutes. Most investment buyers here are looking at long-term single-family rentals, occasional small multi-family, or fix-and-flip projects on older homes near downtown. Browse the active listings below to see what's currently on the market in and around Milford.
April 2026 · Milford market
Live from the Utah MLS — what's actually happening in Milford right now.
Median sale
$662,000
3 closed in April 2026
Median DOM
124 days
listing → contract
Sale-to-list
90.3%
of final list price
Unsold inventory
18
active + pending
18 matching · page 1 of 1
Active listings
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Common questions
About investment properties in Milford.
What kinds of investment properties are typical in Milford? ▾
Most opportunities are single-family rentals on larger lots, older homes that can be rehabbed and resold, and the occasional duplex or small multi-unit near downtown. You'll also see bare land and ag-zoned parcels that draw investors tied to the wind farm, geothermal plant, or mining workforce. Inventory is thin, so the mix on the MLS changes month to month.
Who rents homes in Milford? ▾
Renter demand comes largely from workers at the Blundell geothermal plant, the Milford Wind Corridor, CML Metals, and rail-related jobs, plus teachers and Beaver County staff. Travel nurses and contract workers passing through also pick up short- and mid-term rentals. It's a small pool, but turnover is steady.
What price range should I expect for a rental-grade house? ▾
Entry-level single-family homes in Milford often trade in the low-to-mid six figures, well below the Wasatch Front. That keeps cash-on-cash returns competitive, but appraisals and financing can be tougher in a rural market with limited comps. Cash or local-bank portfolio loans are common.
Are short-term rentals viable in Milford? ▾
STR demand exists but is seasonal — hunters in the fall, ATV and side-by-side riders headed to the Tushar Mountains, and Mineral Mountains rockhounders year-round. Milford City is more permissive than resort towns, but check current city ordinances and Beaver County rules before banking on nightly-rental numbers.
How does Milford compare to Beaver or Minersville for investors? ▾
Milford has more industrial-job renter demand thanks to the energy corridor, while Beaver sees more I-15 travel traffic and Minersville stays mostly agricultural. Price points are similar across the three, but Milford tends to have the most consistent year-round tenant pool.
How many investment-friendly listings are usually active here? ▾
Milford is a small market — often only a handful of homes are on the MLS at any given time, and not all of them pencil as rentals. It pays to watch new listings closely and move quickly when something cash-flows. The active listings below show what's currently available.