Cheap Homes for Rent in Milan, TN from $700 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

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

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.

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.

property at 4010 Ennis St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

3 Bedroom, 1 Bath Home for Rent

Available Now

4010 Ennis St

MilanTN38358

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Milan, TN Local Guide

Cheapest Available Milan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milan, TN is a 2 Beds unit found at Chapel Ridge Martin priced from $782. Grove Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Milan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Chapel Ridge Martin2 Bedroom 2 Bath2BR,2BA$782
Grove Apartments1 Bedroom1BR,1BA$825
Brownsville FlatsB-2-50% PBV2BR,1BA$938
Creekside Apartments1BR/1BA1BR,1BA$975
Riverbrook Luxury Apartments2BR/2.0BA2BR,2BA$987

Best Value Apartments for Rent in Milan, TN and Nearby

As of June 17, 2026 the best value apartment in the Milan area is the $1.03 price per square foot C1 Model at Camellia Trace in the starting from $1,460. The second greatest value Milan apartment is the Model2A Model at Suites of Larue starting at $1,200 with a $1.00 price per square foot in the Downtown Jackson 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.
Camellia TraceC13BR,2BA$1.03
Suites of LarueModel2A2BR,2BA$1.00
Pointe at Boardwalk2BR - 2BTH Renovated W/D2BR,2BA$1.09
Riverbrook Luxury Apartments3BR/2.0BA3BR,2BA$1.14
Pointe at 7311BR - 1BTH Renovated1BR,1BA$1.15
The HermitageRachel Jackson2BR,1BA$1.10
Chapel Ridge Martin2 Bedroom 2 Bath2BR,2BA$0.86
Milan Luxury Apartments2BR/2.0BA2BR,2BA$1.15
Brownsville FlatsB-1 50% PBV2BR,1BA$1.04
Grove Apartments1 Bedroom1BR,1BA$1.12

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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Milan, TN Rentals by Map

View Map
Milan, TN Apartments Map
View Map
Milan, TN Rental Homes Map

Frequently Asked Questions about Milan

What type of rentals are currently available in Milan?

There are currently 43 Apartments for Rent in Milan, TN with pricing that ranges from $788 to $2,600. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milan ranging from $795 to $2,550.

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 $795 to $2,550 with an average monthly rent of $1,285.

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 $898 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,400.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.