Cheap Homes for Rent in Milwood Neighborhood of Austin, TX from $400 (77 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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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 $585. Trails of Walnut Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Milwood apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Keystone1A1BR,1BA$585
Trails of Walnut Creek1 Bedroom 1 Bathroom A-21BR,1BA$700
Wind River Crossingxwra11BR,1BA$761
Village OaksValley1BR,1BA$780
Canyon CreekBull Creek1BR,1BA$805
Great HillsThe Zilker1BR,1BA$850
MiloA11BR,1BA$859
High OaksPoppy1BR,1BA$895
Twenty15A11BR,1BA$897
MAA Balcones WoodsAustin1BR,1BA$901

Best Value Apartments for Rent in Milwood, TX

As of July 06, 2026 the best value apartment in the Milwood area is the $1.51 price per square foot Havencrest (B3T) Model at Residences at the Domain in the in the Milwood neighborhood starting from $2,598. The second greatest value Milwood apartment is the The Brentwood Deluxe Model at Northland at the Arboretum starting at $1,265 with a $1.32 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.
Residences at the DomainHavencrest (B3T)2BR,3BA$1.51
Northland at the ArboretumThe Brentwood Deluxe2BR,2BA$1.32
Keystone2A2BR,2BA$1.36
Park at Summers Grove29-1/1b1BR,1BA$1.39
The WaymanA21BR,1BA$1.41
The Olivine1B1B1BR,1BA$1.32
Arbor Park Senior Apartments - 55+A1- 60% & HM/HH801BR,1BA$1.47
Trails of Walnut Creek1 Bedroom 1 Bathroom A-21BR,1BA$1.22
Canyon CreekBull Creek1BR,1BA$1.45
Village OaksValley1BR,1BA$1.54

Frequently Asked Questions about Milwood

What type of rentals are currently available in Milwood?

There are currently 98 Apartments for Rent in Milwood, TX with pricing that ranges from $585 to $13,278. There are also 202 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milwood ranging from $440 to $5,048.

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 $440 to $5,048 with an average monthly rent of $1,859.

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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