Cheap Homes for Rent in the Milwood Neighborhood of Austin, TX from $400 (76 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 2320 Gracy Farms Ln

$990

1 Bedroom, 1 Bath Rentals

Available Now

823

2320 Gracy Farms Ln
AustinTX78758

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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 Wind River Crossing priced from $611. Keystone has the second lowest priced unit, which is a 1 Bed apartment currently listed from $630. Here are the most affordable Milwood apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Wind River Crossingxwra11BR,1BA$611
Keystone1B1BR,1BA$630
Village OaksValley1BR,1BA$815
Great HillsThe Zilker1BR,1BA$850
Twenty15A11BR,1BA$877
MAA Quarry Oaks11A-FP1BR,1BA$878
Canyon CreekBull Creek1BR,1BA$880
The Olivine1B1B1BR,1BA$904
MAA Balcones WoodsBeaumont1BR,1BA$909
Cottages at Wells BranchA21BR,1BA$945

Best Value Apartments for Rent in Milwood, TX

As of August 20, 2026 the best value apartment in the Milwood area is the $1.34 price per square foot 2A Model at Keystone in the in the Milwood neighborhood starting from $1,262. The second greatest value Milwood apartment is the 2 Bedroom 2 Bathroom B-2 Model at Trails of Walnut Creek starting at $1,200 with a $1.31 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.
Keystone2A2BR,2BA$1.34
Trails of Walnut Creek2 Bedroom 2 Bathroom B-22BR,2BA$1.31
MAA Balcones WoodsEl Paso2BR,1BA$1.41
Park at Summers Grove29-1/1b1BR,1BA$1.39
The WaymanA31BR,1BA$1.40
The Olivine1B1B1BR,1BA$1.22
High OaksWillow1BR,1BA$1.40
Northland at the ArboretumThe Perry Classic1BR,1BA$1.42
MAA Quarry Oaks11A-FP1BR,1BA$1.42
Wind River Crossingxwra11BR,1BA$1.27

Frequently Asked Questions about Milwood

What type of rentals are currently available in Milwood?

There are currently 94 Apartments for Rent in Milwood, TX with pricing that ranges from $539 to $13,278. There are also 199 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milwood ranging from $480 to $4,095.

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 $480 to $4,095 with an average monthly rent of $2,061.

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.

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