Cheap Apartments for Rent in Milan, IN from $400 (19 Rentals)

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Cheap Apartments in Milan.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Showing Results 1-19, Page 1 of 1

Milan, IN Local Guide

Cheapest Available Milan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milan, IN is a 2 Beds unit found at Sparrow Ridge in the Thornwilde Seasons neighborhood priced from $461. Village In The Woods has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Milan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sparrow Ridge2 Bedroom2BR,1BA$461
Village In The WoodsApartment2BR,1BA$700
Richardson Place Apartments1 Bedroom1BR,1BA$795
Hayfield ParkStudioStudio,1BA$830
Huntley Ridge ApartmentsOne Bedroom One Bathroom1BR,1BA$850

Best Value Apartments for Rent in Milan, IN and Nearby

As of May 03, 2025 the best value apartment in the Milan area is the $1.35 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at Hopeful Trace Townhomes in the in the Cody Meadows neighborhood starting from $2,300. The second greatest value Milan apartment is the 2 Bed 2 Bath Model at Sanctuary Place starting at $1,325 with a $0.96 price per square foot in the Thornwilde Seasons 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.
Hopeful Trace Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.35
Sanctuary Place2 Bed 2 Bath2BR,2BA$0.96
South Pointe Townhomes3 Bedroom Garden3BR,2BA$1.21
Miamiview Apartments2 BR/1.5 BA (Ph 1-3)2BR,1.5BA$1.27
Village In The WoodsTownhouse2BR,1.5BA$0.86
Tuscany Bay Apartments2 Bedroom2BR,2BA$1.21
Richardson Place Apartments2 Bedroom2BR,1BA$1.24
Sparrow Ridge2 Bedroom2BR,1BA$0.56
Huntley Ridge ApartmentsOne Bedroom One Bathroom1BR,1BA$1.21
Cedar Hill Apartments1 Bedroom1BR,1BA$1.38

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

Explore Milan, IN Rentals by Map

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See the most popular apartments and homes in Milan, IN

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Getting Around Milan, IN

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

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

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

The lowest price for a Cheap One Bedroom Milan Apartment is $795 at Richardson Place Apartments.

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 $461 at Sparrow Ridge.

What is the most affordable Milan Three Bedroom Apartment?

The best deal on a cheap Milan Three Bedroom Apartment rental is at South Pointe Townhomes and starts from $1,305.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.