
Cheap Homes for Rent in Lake Milton, OH from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Milton.


22807 W Alden Ave

437 Nevada Ave NW

107 E 2nd St

1140 Meadow Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

21 Wayne St SE

242 W Summit St

929 Devine St

1174 S Lincoln Ave

539 Falls Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

423 2nd St SW
Lake Milton, OH Local Guide

How much does it cost to rent a home in Lake Milton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Milton 2 Bedroom Homes for Rent | $897 | $550 | $1,500 |
| Lake Milton 3 Bedroom Homes for Rent | $1,318 | $775 | $1,995 |
| Lake Milton 4 Bedroom Homes for Rent | $2,247 | $1,800 | $2,695 |
| Lake Milton 5 Bedroom Homes for Rent | $1,100 | $1,100 | $1,100 |
| Lake Milton 6 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Top Homes for Rent in Lake Milton
Explore Lake Milton
Lake Milton, OH Local Guide
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Cheapest Available Lake Milton Apartments for Rent and Nearby
 The cheapest available apartment rental in Lake Milton, OH is a Studio unit found at Hitchcock Apartments in the Hitchcock Woods neighborhood priced from $650. Westchester Apartments in the Salt Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $670. Here is today’s list of the most affordable Lake Milton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hitchcock Apartments | EFF | Studio,1BA | $650 |
| Westchester Apartments | EFF+ | 1BR,1BA | $670 |
| Newport Glen Apartments | 1BD/1BH | 1BR,1BA | $675 |
| Shannon Terrace | 2BD/1BH | 2BR,1BA | $725 |
| Debo properties-Packard House | 1 Bedroom | 1BR,1BA | $725 |
Best Value Apartments for Rent in Lake Milton, OH and Nearby
As of June 12, 2026 the best value apartment in the Lake Milton area is the $0.97 price per square foot 3 Bed Model at 109 W Ely St in the in the Mount Union neighborhood starting from $1,300. The second greatest value Lake Milton apartment is the 2 Bedroom 1 Bath Apartment Model at River Run Apartments starting at $879 with a $0.85 price per square foot in the Warren Niles neighborhood. Here is today’s list of the best values for Lake Milton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 109 W Ely St | 3 Bed | 3BR,1BA | $0.97 |
| River Run Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $0.85 |
| 13098 Beaver Creek Rd | 2 Bedroom | 2BR,1BA | $0.90 |
| Liberty Park Apartments | 2BD/1BH | 2BR,1BA | $0.82 |
| Shannon Terrace | 2BD/1BH | 2BR,1BA | $0.81 |
| Timber Ridge Apartments | 2BD/1BH | 2BR,1BA | $0.89 |
| Eastwood Arms | The Buckeye | 1BR,1BA | $1.14 |
| Debo properties-Packard House | 1 Bedroom | 1BR,1BA | $0.97 |
| Newport Glen Apartments | 1BD/1BH | 1BR,1BA | $0.96 |
| Patricia Apartments | 2BD/1BH | 2BR,1BA | $1.15 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Milton, OH Rentals by Map
See the most popular apartments and homes in Lake Milton, OH
Frequently Asked Questions about Lake Milton
What type of rentals are currently available in Lake Milton?
There are currently 46 Apartments for Rent in Lake Milton, OH with pricing that ranges from $575 to $2,000. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Milton ranging from $550 to $2,695.
What is the current price range for Rental Homes in Lake Milton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Milton ranges from $550 to $2,695 with an average monthly rent of $1,480.
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.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.