Cheap Homes for Rent in Milan, MN from $600 (8 Rentals)

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

property at 539 Pacific Ave SW

$650 - $3,800

Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

1 To 6 Bedroom Rentals

Available Now

539 Pacific Ave SW

WillmarMN56201
property at 318 S 3rd St

$730

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$730

Total Monthly Price
$730

1 Bedroom, 1 Bath Townhome for Rent

Available Now

318 S 3rd St

MilanMN56262
property at 316 S 3rd St

$730

Total Monthly Price

Total Monthly Price

Base Rent
$730

Total Monthly Price
$730

1 Bedroom, 1 Bath Townhome for Rent

Available Now

316 S 3rd St

MilanMN56262
property at 308 S 3rd St

$730

Total Monthly Price

Total Monthly Price

Base Rent
$730

Total Monthly Price
$730

1 Bedroom, 1 Bath Townhome for Rent

Available Now

308 S 3rd St

MilanMN56262

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.

property at 512 Maple Ln

$848

Total Monthly Price

Total Monthly Price

Base Rent
$848

Total Monthly Price
$848

1 Bedroom, 1 Bath Townhome for Rent

Available Now

512 Maple Ln

Grove CityMN56243
property at 625 14th Ave

$900 - $1,200

Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,200

Total Monthly Price
$900 - $1,200

2 To 3 Bedroom Homes for Rent

Available Jun 1

625 14th Ave

BrookingsSD57006
property at 710 18th St S

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

710 18th St S

BensonMN56215

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.

Milan, MN Local Guide

Cheapest Available Milan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milan, MN is a 2 Beds unit found at RC Square Apartments in the Downtown Marshall neighborhood priced from $625. North Valley Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Milan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RC Square Apartments2 Bedroom2BR,1BA$625
North Valley ApartmentsEfficiencyStudio,1BA$700
Wildwood Apartments1BR/1.0BA1BR,1BA$725

Best Value Apartments for Rent in Milan, MN and Nearby

As of May 08, 2026 the best value apartment in the Milan area is the $1.35 price per square foot 2 Bedroom 2 Bathroom Model at East Point Village Apartments in the starting from $1,255. The second greatest value Milan apartment is the Two Bedroom One Bathroom Model at Thunder Hawk Apartments starting at $1,225 with a $1.33 price per square foot . 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.
East Point Village Apartments2 Bedroom 2 Bathroom2BR,2BA$1.35
Thunder Hawk ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.33
RC Square Apartments2 Bedroom2BR,1BA$0.70
Runestone Grand Apartments2 Bedroom2BR,1BA$1.07
Red Skye Lofts2 Bedroom2BR,1BA$1.05
Cardinal Estates1 Bedroom 1 Bathroom1BR,1BA$1.05
Bethel On BryantRenville - 1/11BR,1BA$0.96
Lamplighter ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.30
1505 Becker Ave SE1 bed 1 bath1BR,1BA$1.18
Westfield Apartments1 bedroom1BR,1BA$1.23

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!

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Frequently Asked Questions about Milan

What type of rentals are currently available in Milan?

There are currently 70 Apartments for Rent in Milan, MN with pricing that ranges from $525 to $2,420. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milan ranging from $650 to $4,000.

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 $650 to $4,000 with an average monthly rent of $1,992.

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 $1,150 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $1,880. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,350.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.