
Cheap Homes for Rent near Milan, IN from $1,100 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Milan.


251 E High St

1304 E Liberty Cir

10 New Haven Ct

2193 N Broadway St
Rent According to Income: A Look at Income-Restricted Rentals
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6615 Hearne Rd

38 Rio Grande Cir

2303 N Broadway St

308 S Range St

1651 W Kole Dr
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.

1306 E Liberty Cir
Milan, IN Local Guide

How much does it cost to rent a home in Milan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milan 2 Bedroom Homes for Rent | $1,349 | $1,100 | $1,650 |
| Milan 3 Bedroom Homes for Rent | $2,203 | $1,450 | $6,995 |
| Milan 4 Bedroom Homes for Rent | $2,810 | $1,600 | $3,400 |
| Milan 5 Bedroom Homes for Rent | $4,931 | $2,000 | $8,995 |
Browse Top Homes for Rent in Milan
Explore Milan
Milan, IN Local Guide
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Cheapest Available Milan Apartments for Rent and Nearby
 The cheapest available apartment rental in Milan, IN is a Studio unit found at Concord Square Apartments in the Dearborn County neighborhood priced from $640. West Hills Apartments in the Bridgetown North neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. Here is today’s list of the most affordable Milan apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Concord Square Apartments | Studio | Studio,1BA | $640 |
| West Hills Apartments | Zinfandel | 1BR,1BA | $930 |
| Emberwood Apartments | One Bedroom One Bathroom | 1BR,1BA | $975 |
| Green Valley Apartments | 1BR/1.0BA | 1BR,1BA | $1,050 |
| Indian Footprints Apartments | Thunderbird | 1BR,1BA | $1,065 |
Best Value Apartments for Rent in Milan, IN and Nearby
As of August 04, 2026 the best value apartment in the Milan area is the $1.35 price per square foot Three Bed (Flex), Two-Half Bath TH Model at Hopeful Trace Townhomes in the in the French Quarter at Orleans neighborhood starting from $2,300. The second greatest value Milan apartment is the 2 Bed 2 Bath Model at Sanctuary Place starting at $1,350 with a $0.98 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hopeful Trace Townhomes | Three Bed (Flex), Two-Half Bath TH | 3BR,2.5BA | $1.35 |
| Sanctuary Place | 2 Bed 2 Bath | 2BR,2BA | $0.98 |
| Country Place | 3 BR, 2.5 BTH Townhome | 3BR,2.5BA | $1.00 |
| Bluffs of Burlington | 2-Bedroom SM | 2BR,2BA | $1.24 |
| South Pointe Townhomes | 3 Bedroom Garden | 3BR,2BA | $1.21 |
| Miamiview Apartments | 2 BR/1.5 BA (Ph 1-3) | 2BR,1.5BA | $1.33 |
| Newly Renovated Apartments | 2 bed 1 bath | 2BR,1BA | $1.20 |
| West Hills Apartments | Zinfandel | 1BR,1BA | $1.29 |
| Emberwood Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.38 |
| Cedar Hill Apartments | 1 Bedroom | 1BR,1BA | $1.38 |
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!
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Frequently Asked Questions about Milan
What type of rentals are currently available in Milan?
There are currently 49 Apartments for Rent in Milan, IN with pricing that ranges from $640 to $2,742. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milan ranging from $1,100 to $8,995.
What is the current price range for Rental Homes in Milan?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Milan ranges from $1,100 to $8,995 with an average monthly rent of $2,406.
How much are larger Three and Four Bedroom Rentals in Milan?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Milan range from $1,200 to $2,742, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $6,995. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,455.
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

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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.