Cheap Homes for Rent in Milwood Neighborhood of Austin, TX from $600 (26 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 4208 Duval Rd

4208 Duval Rd

AustinTX78759

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-26, 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 The Fielder priced from $799. Madison Northridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. Here are the most affordable Milwood apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
The FielderA1AFF1BR,1BA$799
Madison NorthridgeA11BR,1BA$815
Walnut Creek CrossingA11BR,1BA$830
Village OaksValley1BR,1BA$875
Twenty15A11BR,1BA$909
The Barstow Lincoln OaksA1AFF1BR,1BA$914
Great HillsThe Zilker1BR,1BA$915
High OaksPoppy1BR,1BA$920
Radius at The DomainA21BR,1BA$924
MiloA11BR,1BA$926

Best Value Apartments for Rent in Milwood, TX

As of June 18, 2025 the best value apartment in the Milwood area is the $1.56 price per square foot 22F2 Model at The Addison Apartments in the in the Milwood neighborhood starting from $2,045. The second greatest value Milwood apartment is the B3 B4 Model at The Wayman starting at $1,610 with a $1.51 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 Addison Apartments22F22BR,2BA$1.56
The WaymanB3 B42BR,2BA$1.51
Trails of Walnut Creek2 Bedroom 2 Bathroom B-22BR,2BA$1.42
The Park at Walnut CreekB12BR,1BA$1.25
The Robinson on MelroseB12BR,2BA$1.25
The Springs Garden HomesA1BR,1BA$1.53
Madison at the ArboretumEnchanted Rock1BR,1BA$1.55
The Olivine1B1B1BR,1BA$1.42
Elysium Grand LLPA11BR,1BA$1.44
Cottages at Wells BranchA41BR,1BA$1.56

Frequently Asked Questions about Milwood

What type of rentals are currently available in Milwood?

There are currently 117 Apartments for Rent in Milwood, TX with pricing that ranges from $799 to $11,671. There are also 151 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milwood ranging from $690 to $5,000.

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 $690 to $5,000 with an average monthly rent of $2,391.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.