
Cheap Apartments for Rent in Milburn, KY from $400 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Milburn.


Storyboard at SIU

ASHBURN COURT APARTMENTS

Cornerstone Place

THE QUADS APARTMENTS

Schilling Property Management

Alpha Property Management (Alpha Rentals)

Mora Mi Apartments
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.

Royal Ridge Apartments

Bee Creek Crossing (Senior Apartments 55+)

The District at Cape

Senior Community-Franklin Place Apartments

Brookside Apartments

Jackson House

Wedgewood Hills

G&R Rentals
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.

Pine Shores Rentals

Chapel Ridge Martin

PARK VILLAGE OF PARIS

Georgetown Apartments

Aspen Court Apartments

Grove Apartments

Shawnee Village

Brooke Village
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.

Southside Square Apartments - NOW LEASING

411 W Commercial St

35 Point Pleasant Rd

Emma's Rose Senior Apartments

903 Ranney Ave

223 Clara St

Mountain Valley Properties -Marion

220 E Gladys St
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.
Milburn, KY Local Guide

How much does it cost to rent an apartment in Milburn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milburn Studio Apartments | $622 | $450 | $1,514 |
| Milburn 1 Bedroom Apartments | $1,013 | $525 | $2,900 |
| Milburn 2 Bedroom Apartments | $1,105 | $605 | $3,600 |
| Milburn 3 Bedroom Apartments | $1,190 | $650 | $2,495 |
| Milburn 4 Bedroom Apartments | $1,257 | $295 | $2,080 |
Browse Top Apartments in Milburn
See all Apartments in MilburnExplore Milburn
Milburn, KY Local Guide
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Cheapest Available Milburn Apartments for Rent and Nearby
 The cheapest available apartment rental in Milburn, KY is a Studio unit found at ASHBURN COURT APARTMENTS priced from $450. THE QUADS APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $495. Here is today’s list of the most affordable Milburn apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| ASHBURN COURT APARTMENTS | 0BR/1.0BA | Studio,1BA | $450 |
| THE QUADS APARTMENTS | 0BR/1.0BA | Studio,1BA | $495 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
| Mora Mi Apartments | 2991 Clay St 48 | 2BR,1BA | $605 |
| Royal Ridge Apartments | Royal Ridge-0-1-408 | Studio,1BA | $650 |
| Bee Creek Crossing (Senior Apartments 55+) | 1 Bed / 1 Bath | 1BR,1BA | $650 |
| Senior Community-Franklin Place Apartments | 1 Bedroom | 1BR,1BA | $675 |
| Pine Shores Rentals | B1 - 2BR | 2BR,1BA | $750 |
| Jackson House | 1 Bedroom - Jackson House | 1BR,1BA | $781 |
| Grove Apartments | 1 Bedroom | 1BR,1BA | $825 |
Best Value Apartments for Rent in Milburn, KY and Nearby
As of June 11, 2026 the best value apartment in the Milburn area is the $0.83 price per square foot 3BR/1.5BA Model at Brooke Village in the starting from $1,000. The second greatest value Milburn apartment is the 3BR/1.0BA Model at THE QUADS APARTMENTS starting at $800 with a $0.77 price per square foot . Here is today’s list of the best values for Milburn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brooke Village | 3BR/1.5BA | 3BR,1.5BA | $0.83 |
| THE QUADS APARTMENTS | 3BR/1.0BA | 3BR,1BA | $0.77 |
| Cape Trails | 2Bd. 2Bt. (975sqft) | 2BR,2BA | $0.72 |
| Mora Mi Apartments | 2991 Clay St 32 | 2BR,1BA | $0.62 |
| The District at Cape | Girardot | 2BR,2BA | $0.89 |
| Chapel Ridge Martin | 2 Bedroom 2 Bath | 2BR,2BA | $0.86 |
| Hawks Landing | Two Bedroom | 2BR,2BA | $0.72 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| Senior Community-Franklin Place Apartments | 1 BDR | 1BR,1BA | $0.84 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
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!
Explore Milburn, KY Rentals by Map
See the most popular apartments and homes in Milburn, KY
Frequently Asked Questions about Cheap Milburn Apartments
What is the Cheapest Studio apartment in Milburn?
Currently the most affordable Cheap Studio Apartment in Milburn is at ASHBURN COURT APARTMENTS listed at $450.
How much is rent for a Cheap One Bedroom Milburn Apartment?
The lowest price for a Cheap One Bedroom Milburn Apartment is $600 at Schilling Property Management.
What is the lowest price for a Cheap Two Bedroom Milburn Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Milburn is starting from $605 at Mora Mi Apartments.
What is the most affordable Milburn Three Bedroom Apartment?
The best deal on a cheap Milburn Three Bedroom Apartment rental is at THE QUADS APARTMENTS and starts from $800.
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

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.

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.

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.

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.