Cheap Apartments for Rent in Milan, IL from $600 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in Milan.

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2546 30th St, Unit 1
$700
Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700
1 Bedroom Apartment Available Now

2546 30th St, Unit 1

2546 30th StRock Island, IL 61201
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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.

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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.

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Spencer Towers
1 Bedroom Apartments

Spencer Towers

111 20th StRock Island, IL 61201
  • Utilities Included
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Midvale Apartments
2 Bedroom Apartments

Midvale Apartments

3800-3850 25th StMoline, IL 61265
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 604 W 3rd St

$700 - $750

1 Bedroom Rentals

Available Now

604 W 3rd St

DavenportIA52801
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Valley View
1 to 3 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
  • Utilities Included

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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2323-3030 31st Ave
2 Bedroom Apartments

2323-3030 31st Ave

2323-3030 31st AveRock Island, IL 61201
  • Utilities Included
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LaFayette Square
2 to 4 Bedroom Apartments

LaFayette Square

625 W 4th StDavenport, IA 52801
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Maple Ridge Apartments
1 to 3 Bedroom Apartments

Maple Ridge Apartments

3700 5th StRock Island, IL 61201
  • Utilities Included
Showing Results 1-43, Page 1 of 1

Milan, IL Local Guide

Cheapest Available Milan Apartments for Rent

 

The cheapest available apartment rental in Milan, IL is a 2 Beds unit found at RIVERWALK LOFTS in the Vander Veer Park neighborhood priced from $770. Carriage Hill in the Vander Veer Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Milan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RIVERWALK LOFTS2 Bed 1 Bath2BR,1BA$770
Carriage Hill1BR/1.0BA1BR,1BA$775
Pine Ridge1-sycam1BR,1BA$810
Pershing Hill LoftsStudioStudio,1BA$818
Crescent LoftsIncome Restricted1BR,1BA$824
Timber Ridge Apartments1BR/1.0BA1BR,1BA$825
Union Arcade BuildingStudioStudio,1BA$875
Vue at 7th1 Bedroom 1 Bathroom1BR,1BA$895
Federal PointCopenhagen 60%Studio,1BA$930

Best Value Apartments for Rent in Milan, IL

As of June 14, 2026 the best value apartment in the Milan area is the $1.04 price per square foot 1bd/1ba Model at Davenport Bank Apartments in the in the Vander Veer Park neighborhood starting from $1,250. The second greatest value Milan apartment is the 1BR/1.0BA Model at Market Lofts in the Heart of Downtown Devenport starting at $1,200 with a $1.29 price per square foot in the Vander Veer Park neighborhood. Here is today’s list of the best values for Milan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Davenport Bank Apartments1bd/1ba1BR,1BA$1.04
Market Lofts in the Heart of Downtown Devenport1BR/1.0BA1BR,1BA$1.29
RIVERWALK LOFTS2 Bed 1 Bath2BR,1BA$0.87
Crescent LoftsMarket 1 bed 1.5 bath1BR,1.5BA$1.19
The Penthouse DavenportOne Bedroom1BR,1BA$1.25
Pine Ridge2-willow2BR,1BA$1.24
EN8062BR/1.0BA2BR,1BA$1.33
Carriage Hill1BR/1.0BA1BR,1BA$1.09
Vue at 7th1 Bedroom 1 Bathroom1BR,1BA$1.28
Timber Ridge Apartments1BR/1.0BA1BR,1BA$1.19

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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Milan, IL Rentals by Map

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Frequently Asked Questions about Cheap Milan Apartments

What is the Cheapest Studio apartment in Milan?

Currently the most affordable Cheap Studio Apartment in Milan is at Pershing Hill Lofts listed at $818.

How much is rent for a Cheap One Bedroom Milan Apartment?

The lowest price for a Cheap One Bedroom Milan Apartment is $775 at Carriage Hill.

What is the lowest price for a Cheap Two Bedroom Milan Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Milan is starting from $770 at RIVERWALK LOFTS.

What is the most affordable Milan Three Bedroom Apartment?

The best deal on a cheap Milan Three Bedroom Apartment rental is at Harrison Lofts and starts from $1,163.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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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.

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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.