
Cheap Apartments for Rent near Milburn, KY from $400 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Milburn.


Storyboard at SIU

Cornerstone Place

THE QUADS APARTMENTS

Schilling Property Management

Alpha Property Management (Alpha Rentals)

ASHBURN COURT APARTMENTS

Bee Creek Crossing (Senior Apartments 55+)
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Mora Mi Apartments

Senior Community-Franklin Place Apartments

Brookside Apartments

Jackson House

Royal Ridge

Commonwealth Court Apartments

The Hill Apartments

Pine Shores Rentals
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Wedgewood Hills

G&R Rentals

The District at Cape

PARK VILLAGE OF PARIS

Newly Renovated 2 Bedrooms!

Aspen Court Apartments

Grove Apartments

Shawnee Village
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Riviera Apartments

Brooke Village

Southside Square Apartments - NOW LEASING

Lone Oak Villas

411 W Commercial St

Emma's Rose Senior Apartments

328 W Main St

903 Ranney Ave
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.

Mountain Valley Properties -Marion

347 S Cedar St

101 St Charles St

1401 Jefferson St

Lindenwood Senior Apartments

307 Harahan Blvd

120 S Rose St

918 Linden St
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.
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 | $694 | $450 | $1,514 |
| Milburn 1 Bedroom Apartments | $1,014 | $525 | $2,900 |
| Milburn 2 Bedroom Apartments | $1,191 | $625 | $3,600 |
| Milburn 3 Bedroom Apartments | $1,322 | $650 | $2,495 |
| Milburn 4 Bedroom Apartments | $1,257 | $295 | $2,080 |
Browse Top Apartments in Milburn
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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 THE QUADS APARTMENTS priced from $500. Schilling Property Management has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Milburn apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| THE QUADS APARTMENTS | 0BR/1.0BA | Studio,1BA | $500 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
| Bee Creek Crossing (Senior Apartments 55+) | 1 Bed / 1 Bath | 1BR,1BA | $650 |
| ASHBURN COURT APARTMENTS | 1BR/1.0BA | 1BR,1BA | $650 |
| Mora Mi Apartments | Amazing 1 Beds | 1 Baths | 717 Square Ft. apts ... | 1BR,1BA | $660 |
| Senior Community-Franklin Place Apartments | 1 Bedroom | 1BR,1BA | $675 |
| Royal Ridge | Royal Ridge-0-1-408 | Studio,1BA | $700 |
| Commonwealth Court Apartments | 1 BR | 1BR,1BA | $705 |
| The District at Cape | Dempster | 1BR,1BA | $777 |
| Jackson House | 1 Bedroom - Jackson House | 1BR,1BA | $781 |
Best Value Apartments for Rent in Milburn, KY and Nearby
As of July 26, 2026 the best value apartment in the Milburn area is the $1.06 price per square foot 2 Bedroom | 2 Bath Model at The Lory of Greenway Village in the starting from $1,325. The second greatest value Milburn apartment is the 2BR/1.5BA Model at Brooke Village starting at $860 with a $0.72 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. |
|---|---|---|---|
| The Lory of Greenway Village | 2 Bedroom | 2 Bath | 2BR,2BA | $1.06 |
| Brooke Village | 2BR/1.5BA | 2BR,1.5BA | $0.72 |
| PARK VILLAGE OF PARIS | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.03 |
| THE QUADS APARTMENTS | 3BR/1.0BA | 3BR,1BA | $0.77 |
| The Reserve at Saluki Pointe | 2X2 By the bed | 2BR,2BA | $0.71 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| Senior Community-Franklin Place Apartments | 1 BDR | 1BR,1BA | $0.84 |
| Mora Mi Apartments | Amazing 1 Beds | 1 Baths | 717 Square Ft. apts ... | 1BR,1BA | $0.92 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
| Bee Creek Crossing (Senior Apartments 55+) | 1 Bed / 1 Bath | 1BR,1BA | $0.96 |
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 THE QUADS APARTMENTS listed at $500.
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 $700 at Schilling Property Management.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.