Cheap Apartments for Rent in Milan, MO from $500 (32 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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property at 809 W Grimes Ave

809 W Grimes Ave

FairfieldIA52556

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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Tisdale Apartments
2 Bedroom Apartments

Tisdale Apartments

232 E 4th StOttumwa, IA 52501
  • Utilities Included
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501 S Osteopathy Ave
1 Bedroom Apartments

501 S Osteopathy Ave

501 S Osteopathy AveKirksville, MO 63501
Student Housing
  • 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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Showing Results 1-32, Page 1 of 1

Milan, MO Local Guide

Cheapest Available Milan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milan, MO is a 2 Beds unit found at Halls of Brookfield - 55+ Years priced from $685. Northern Plains by Kading has the second lowest priced unit, which is a 2 Beds apartment currently listed from $695. Here is today’s list of the most affordable Milan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Halls of Brookfield - 55+ Years2 Bed 1 Bath2BR,1BA$685
Northern Plains by KadingCottage - 22BR,1BA$695
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$755
Louden LoftsTwo Bedroom2BR,2BA$800
Hillside ApartmentsRenovated 1bed - 1bath Apartment!1BR,1BA$895
Orchard Lane ApartmentsB1 Renovated2BR,1BA$950
Crossroads Village ApartmentsAC.1B.G1BR,1BA$970
Washington ApartmentsThe Harmon2BR,1BA$1,043
Fairfield EstatesUnit 814BR,2BA$1,057
Jefferson ParkJefferson2BR,1BA$1,105

Best Value Apartments for Rent in Milan, MO and Nearby

As of July 25, 2025 the best value apartment in the Milan area is the $0.84 price per square foot Unit 81 Model at Fairfield Estates in the starting from $1,057. The second greatest value Milan apartment is the Cottage-3 Model at Vesta Village by Kading starting at $1,235 with a $1.00 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.
Fairfield EstatesUnit 814BR,2BA$0.84
Vesta Village by KadingCottage-33BR,2BA$1.00
Gustin Flats2 bed2BR,2BA$1.27
Washington ApartmentsThe Harmon2BR,1BA$1.09
Orchard Lane ApartmentsB1 Renovated2BR,1BA$1.08
Northern Plains by KadingCottage - 22BR,1BA$0.83
Halls of Brookfield - 55+ Years2 Bed 1 Bath2BR,1BA$0.83
Louden LoftsTwo Bedroom2BR,2BA$1.00
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95
Hillside ApartmentsRenovated 1bed - 1bath Apartment!1BR,1BA$1.28

Quick Rent Budget Calculator

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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, MO Rentals by Map

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See the most popular apartments and homes in Milan, MO

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Getting Around Milan, MO

Walk Score®

20 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

18 / 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 $895 at Hillside 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 $685 at Halls of Brookfield - 55+ Years.

What is the most affordable Milan Three Bedroom Apartment?

The best deal on a cheap Milan Three Bedroom Apartment rental is at Northern Plains by Kading and starts from $825.

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.