Cheap Homes for Rent in Milan, MO from $800 (12 Rentals)

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

property at 507 Henrie Ave

$825

1 Bedroom Rentals

Available Now

507 Henrie Ave

Excelsior SpringsMO64024
property at 1201 E Harrison St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

3 Bedroom, 1.5 Bath Home for Rent

Available Jul 1

1201 E Harrison St

KirksvilleMO63501

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 111 W Golf Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1.5 Bath Home for Rent

Available Now

111 W Golf Ave

OttumwaIA52501
property at 1002 Jay St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1.5 Bath Home for Rent

Available Now

1002 Jay St

OttumwaIA52501

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, MO Local Guide

Cheapest Available Milan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milan, MO is a Studio unit found at Rollins Apartments priced from $415. Biston Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $415. Here is today’s list of the most affordable Milan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rollins Apartments0BR/1.0BAStudio,1BA$415
Biston ApartmentsStudioStudio,1BA$415
Karlton ApartmentsOne-Bedroom1BR,1BA$470
Tisdale Apartments2 Bedroom2BR,1BA$720
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$755

Best Value Apartments for Rent in Milan, MO and Nearby

As of May 21, 2026 the best value apartment in the Milan area is the $1.00 price per square foot Cottage - 3 Model at Vesta Village by Kading in the starting from $1,235. The second greatest value Milan apartment is the Craftsman Model at Osceola Heights starting at $1,295 with a $1.09 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.
Vesta Village by KadingCottage - 33BR,2BA$1.00
Osceola HeightsCraftsman3BR,2BA$1.09
Country Club Estates3 Bedroom 2 Bathroom3BR,2BA$0.93
Washington Apartments2.1C 60%2BR,1BA$1.15
Northern Plains by KadingCottage - 22BR,1BA$0.94
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95
Tisdale Apartments2 Bedroom2BR,1BA$1.03
Karlton ApartmentsOne-Bedroom1BR,1BA$0.82
Biston ApartmentsStudioStudio ,1BA$0.75
Rollins Apartments0BR/1.0BAStudio ,1BA$0.83

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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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!

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Frequently Asked Questions about Milan

What type of rentals are currently available in Milan?

There are currently 38 Apartments for Rent in Milan, MO with pricing that ranges from $415 to $2,277. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milan ranging from $298 to $5,000.

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 $298 to $5,000 with an average monthly rent of $1,788.

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.

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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.

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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.