Cheap Apartments for Rent in Milan, IL from $627 (41 Rentals)

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

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2504 15th St, Unit 2
$760

Total Monthly Price

Base Rent$760
Total Monthly Price$760
1 Bedroom Apartment Available Now

2504 15th St, Unit 2

2504 15th StRock Island, IL 61201
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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

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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Valley View
1 to 3 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
  • Utilities Included
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2323-3030 31st Ave
2 Bedroom Apartments

2323-3030 31st Ave

2323-3030 31st AveRock Island, IL 61201
  • Utilities Included

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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LaFayette Square
2 to 4 Bedroom Apartments

LaFayette Square

625 W 4th StDavenport, IA 52801
  • Utilities Included
property at 421 N Brady St
$939 - $995
1 Bedroom Rentals
Available Sep 14

421 N Brady St

DavenportIA52801
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Maple Ridge Apartments
1 to 3 Bedroom Apartments

Maple Ridge Apartments

3700 5th StRock Island, IL 61201
  • Utilities Included

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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Showing Results 1-41, Page 1 of 1

Milan, IL Local Guide

Cheapest Available Milan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milan, IL is a 1 Bed unit found at Carriage Hill in the Vander Veer Park neighborhood priced from $775. Harrison Lofts in the Vander Veer Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $786. Here is today’s list of the most affordable Milan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Carriage Hill1BR/1.0BA1BR,1BA$775
Harrison LoftsStudioStudio,1BA$786
Pershing Hill LoftsStudioStudio,1BA$818
Pine Ridge1-sycam1BR,1BA$820
Crescent LoftsIncome Restricted1BR,1BA$824
Vue at 7th1 Bedroom 1 Bathroom1BR,1BA$825
Timber Ridge Apartments1BR/1.0BA1BR,1BA$825
Union Arcade BuildingStudioStudio,1BA$875
Federal PointClementine 60%Studio,1BA$930

Best Value Apartments for Rent in Milan, IL and Nearby

As of September 13, 2026 the best value apartment in the Milan area is the $1.09 price per square foot The Riverside Model at Parkway Commons in the in the Saukie neighborhood starting from $1,350. The second greatest value Milan apartment is the 1bd/1ba Model at Davenport Bank Apartments starting at $1,250 with a $1.04 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.
Parkway CommonsThe Riverside2BR,2BA$1.09
Davenport Bank Apartments1bd/1ba1BR,1BA$1.04
Bucktown Lofts1 BR/ 1 BA1BR,1BA$0.84
Garfield School1901 Type 21BR,1BA$1.12
Crescent LoftsMarket 1 bed 1.5 bath1BR,1.5BA$1.19
LeClaireThe Gable1BR,1BA$1.23
Carriage Hill1BR/1.0BA1BR,1BA$1.09
2504 15th St, Unit 22504 15th St1BR,1BA$1.09
Vue at 7th1 Bedroom 1 Bathroom1BR,1BA$1.18
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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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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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 $885 at Crescent Lofts.

What is the most affordable Milan Three Bedroom Apartment?

The best deal on a cheap Milan Three Bedroom Apartment rental is at Moline Enterprise Lofts and starts from $1,370.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.