Cheap Homes for Rent in Milwood Neighborhood of Austin, TX from $800 (23 Rentals)

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

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property at 3508 Adelphi Ln

3508 Adelphi Ln

AustinTX78727

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Showing Results 1-23, Page 1 of 1

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 $683. The Barstow has the second lowest priced unit, which is a 1 Bed apartment currently listed from $704. Here are the most affordable Milwood apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Keystone1A1BR,1BA$683
The BarstowA1-Affordable1BR,1BA$704
Walnut Creek CrossingA11BR,1BA$711
The FielderA1-Affordable1BR,1BA$729
Madison NorthridgeA11BR,1BA$755

Best Value Apartments for Rent in Milwood, TX

As of November 17, 2025 the best value apartment in the Milwood area is the $1.36 price per square foot D Model at The Springs Garden Homes in the in the Milwood neighborhood starting from $1,800. The second greatest value Milwood apartment is the B3 B4 Model at The Wayman starting at $1,290 with a $1.21 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.
The Springs Garden HomesD2BR,2BA$1.36
The WaymanB3 B42BR,2BA$1.21
The Robinson on MelroseB22BR,2BA$1.46
The Village At Gracy FarmsRedwood2BR,2BA$1.40
Park at Summers Grove29-1/1b1BR,1BA$1.39
The Olivine1B1B1BR,1BA$1.26
Elysium Grand LLPA11BR,1BA$1.42
Wind River Crossingxwrc11BR,1BA$1.43
MAA Balcones WoodsBeaumont1BR,1BA$1.42
Walnut Creek CrossingA11BR,1BA$1.40

Frequently Asked Questions about Milwood

What type of rentals are currently available in Milwood?

There are currently 120 Apartments for Rent in Milwood, TX with pricing that ranges from $710 to $14,515. There are also 154 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milwood ranging from $850 to $5,200.

What is the current price range for Rental Homes in Milwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Milwood ranges from $850 to $5,200 with an average monthly rent of $1,700.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

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

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.