Cheap Apartments for Rent in Milan, IL from $600 (49 Rentals)

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

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Spencer Towers
1 Bedroom Apartments

Spencer Towers

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

Midvale Apartments

3800-3850 25th StMoline, IL 61265
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LaFayette Square
2 to 3 Bedroom Apartments

LaFayette Square

625 W 4th StDavenport, IA 52801
  • Utilities Included

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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Valley View
1 to 2 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
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Westwood Terrace
1 to 2 Bedroom Apartments

Westwood Terrace

2200 1st Street AMoline, IL 61265
Senior Living
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Maple Ridge Apartments
1 to 3 Bedroom Apartments

Maple Ridge Apartments

3700 5th StRock Island, IL 61201
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Showing Results 1-49, Page 1 of 1

Milan, IL Local Guide

Cheapest Available Milan Apartments for Rent

 

The cheapest available apartment rental in Milan, IL is a 1 Bed unit found at RIVERWALK LOFTS in the Vander Veer Park neighborhood priced from $620. Carriage Hill Apartments in the Vander Veer Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Milan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$620
Carriage Hill Apartments1 Bedroom1BR,1BA$625
Shire and Rivendell Apartments1BR/1BA1BR,1BA$650
Beverly Manor Apartments1 Bedroom1BR,1BA$700
Cotton Mill Apartments1x11BR,1BA$700
Butterworth Apartments1x11BR,1BA$750
Harrison LoftsStudioStudio,1BA$757
Crescent LoftsIncome Restricted1BR,1BA$760
1215 24th Street Place - River Oaks Apartments1BR/1.0BA1BR,1BA$775

Best Value Apartments for Rent in Milan, IL

As of June 23, 2025 the best value apartment in the Milan area is the $1.05 price per square foot 3 BR/ 2 BA Model at Bucktown Lofts in the in the Vander Veer Park neighborhood starting from $1,750. The second greatest value Milan apartment is the 2bd/2ba Model at Davenport Bank Apartments starting at $1,400 with a $1.00 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.
Bucktown Lofts3 BR/ 2 BA3BR,2BA$1.05
Davenport Bank Apartments2bd/2ba2BR,2BA$1.00
2504 15th St, Unit 42504 15th St2BR,1BA$0.95
2500 25th St, Unit Apartment #82500 25th St2BR,1BA$1.06
121 4th Ave W, Unit 3121 4th Ave W1BR,1BA$0.97
Carriage Hill Apartments1 Bedroom1BR,1BA$0.88
Cotton Mill Apartments1x11BR,1BA$1.00
Crescent LoftsIncome Restricted1BR,1BA$1.10
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$0.95
Shire and Rivendell Apartments1BR/1BA1BR,1BA$1.08

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

Explore Milan, IL Rentals by Map

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See the most popular apartments and homes in Milan, IL

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Getting Around Milan, IL

Walk Score®

37 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

2 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Harrison Lofts listed at $757.

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

The lowest price for a Cheap One Bedroom Milan Apartment is $620 at RIVERWALK LOFTS.

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 $750 at Shire and Rivendell Apartments.

What is the most affordable Milan Three Bedroom Apartment?

The best deal on a cheap Milan Three Bedroom Apartment rental is at Timber Ridge Apartments and starts from $1,075.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.