Cheap Apartments for Rent in the Milwood Neighborhood of Austin, TX from $700 (146 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Milwood area of Austin.

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The Wayman
Rent Specials
$888 - $1,663
Total Monthly Price

Total Monthly Price

Base Rent
$833 - $1,608
Required Monthly Fees
$55
Total Monthly Price
$888 - $1,663
1 to 2 Bedroom Apartments Available Now

The Wayman

3101 Wells Branch PkyAustin, TX 78728
Affordability
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  • Customer Reviewed
  • 3D Tour

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Twelve100
$964 - $1,986
Total Monthly Price

Total Monthly Price

Base Rent
$944 - $1,966
Required Monthly Fees
$20
Total Monthly Price
$964 - $1,986
1 to 3 Bedroom Apartments Available Now

Twelve100

12100 Metric BlvdAustin, TX 78758
Student Housing
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  • Customer Reviewed
  • Low Income

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The Park at Walnut Creek
Rent Specials
$970 - $1,933
Total Monthly Price

Total Monthly Price

Base Rent
$824 - $1,787
Required Monthly Fees
$146
Total Monthly Price
$970 - $1,933
1 to 3 Bedroom Apartments Available Now

The Park at Walnut Creek

12113 Metric BlvdAustin, TX 78758
Affordability
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  • Customer Reviewed
  • 3D Tour
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Residences at the Domain
$999 - $1,987
Total Monthly Price

Total Monthly Price

Base Rent
$843 - $1,831
Required Monthly Fees
$156
Total Monthly Price
$999 - $1,987
Studio to 2 Bedroom Apartments Available Now

Residences at the Domain

11400 Domain DrAustin, TX 78758
Furnished
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  • Customer Reviewed
  • 3D Tour

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Villas at Stone Oak Ranch
$1,015 - $4,622
Total Monthly Price

Total Monthly Price

Base Rent
$977 - $4,584
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Villas at Stone Oak Ranch

13021 Legendary DrAustin, TX 78727
Corporate Housing
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  • 3D Tour
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Folio
Rent Specials
$1,038 - $2,288
Total Monthly Price

Total Monthly Price

Base Rent
$1,010 - $2,260
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Folio

11915 Stonehollow DrAustin, TX 78758
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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Milwood, Austin, TX Local Guide

Cheapest Available Milwood Apartments for Rent

 

The cheapest available apartment rental in the Milwood area of Austin, TX is a 1 Bed unit found at Keystone priced from $770. Great Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here are the most affordable Milwood apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Keystone1A1BR,1BA$770
Great HillsThe Zilker1BR,1BA$810
Wind River Crossingxwrb11BR,1BA$811
Village OaksWillow1BR,1BA$815
Canyon CreekBull Creek1BR,1BA$820
High OaksPoppy1BR,1BA$850
Cottages at Wells BranchA11BR,1BA$864
Twenty15A11BR,1BA$867
The Estate on Quarry Lake Apartment HomesAspen A11BR,1BA$905
Renaissance at North BendAzalea1BR,1BA$937

Best Value Apartments for Rent in Milwood, TX

As of April 05, 2026 the best value apartment in the Milwood area is the $1.44 price per square foot Evergreen Model at Village Oaks in the in the Milwood neighborhood starting from $1,230. The second greatest value Milwood apartment is the 29-1/1b Model at Park at Summers Grove starting at $1,130 with a $1.39 price per square foot in the Milwood neighborhood. Here is today’s list of the best values for Milwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Village OaksEvergreen2BR,1BA$1.44
Park at Summers Grove29-1/1b1BR,1BA$1.39
The WaymanA21BR,1BA$1.24
The Olivine1B1B1BR,1BA$1.35
Beck at Wells BranchA11BR,1BA$1.43
Northland at the ArboretumThe Perry Classic1BR,1BA$1.51
Renaissance at North BendAzalea1BR,1BA$1.38
The Estate on Quarry Lake Apartment HomesAspen A11BR,1BA$1.46
Canyon CreekBull Creek1BR,1BA$1.48
Great HillsThe Zilker1BR,1BA$1.50

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Local Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin

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Lifestyle Ratings

This website is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Texas and customized analysis for Austin, Texas. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Milwood Apartments

What is the Cheapest Studio apartment in Milwood?

Currently the most affordable Cheap Studio Apartment in Milwood is at Residences at the Domain listed at $999.

How much is rent for a Cheap One Bedroom Milwood Apartment?

The lowest price for a Cheap One Bedroom Milwood Apartment is $770 at Keystone.

What is the lowest price for a Cheap Two Bedroom Milwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Milwood is starting from $1,040 at High Oaks.

What is the most affordable Milwood Three Bedroom Apartment?

The best deal on a cheap Milwood Three Bedroom Apartment rental is at Northland at the Arboretum and starts from $1,545.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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For many people the College years are some of the best years of your life. And you can certainly make the most of those years by finding the perfect place around your campus to call home.

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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