
Cheap Apartments for Rent near Milburn, KY from $425 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Milburn.


Storyboard at SIU

THE QUADS APARTMENTS

Schilling Property Management

Bee Creek Crossing (Senior Apartments 55+)

Senior Community-Franklin Place Apartments

Brookside Apartments

Jackson House

ASHBURN COURT APARTMENTS
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

Royal Ridge

Commonwealth Court Apartments

Wedgewood Hills

Pine Shores Rentals

The District at Cape

Newly Renovated 2 Bedrooms!

Aspen Court Apartments

G&R 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.

Riviera Apartments

Shawnee Village

Brooke Village

The Grove Commons on Marr Drive

Chapel Ridge Martin

Southside Square Apartments - NOW LEASING

Lone Oak Villas

The Hill Apartments

Cornerstone Place
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.

328 W Main St

9 Zion Cemetery Rd

Emma's Rose Senior Apartments

700 Lon Moore St

Grove Apartments

Mountain Valley Properties -Marion

111 S 16th St

507 Harris St

Lindenwood Senior 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.

1216 Murray St
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 | $725 | $500 | $1,514 |
| Milburn 1 Bedroom Apartments | $960 | $600 | $2,800 |
| Milburn 2 Bedroom Apartments | $1,143 | $700 | $3,200 |
| Milburn 3 Bedroom Apartments | $1,291 | $650 | $2,495 |
| Milburn 4 Bedroom Apartments | $1,063 | $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 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 |
| Senior Community-Franklin Place Apartments | 1 Bedroom | 1BR,1BA | $675 |
| Brookside Apartments | 1 Bedroom | 1BR,1BA | $690 |
| ASHBURN COURT APARTMENTS | 1BR/1.0BA | 1BR,1BA | $695 |
| Mora Mi Apartments | Amazing 1 Beds | 1 Baths | 717 Square Ft. apts ... | 1BR,1BA | $699 |
| Royal Ridge | Royal Ridge-0-1-408 | Studio,1BA | $700 |
| Commonwealth Court Apartments | 1 BR | 1BR,1BA | $705 |
| The District at Cape | Grauel | 1BR,1BA | $763 |
Best Value Apartments for Rent in Milburn, KY and Nearby
As of September 10, 2026 the best value apartment in the Milburn area is the $0.91 price per square foot Four Bedroom (1.5 bath or 4 bath) Model at Alpha Property Management (Alpha Rentals) in the starting from $1,455. The second greatest value Milburn apartment is the 4Bd. 4Bt. (1442sqft) Model at Cape Trails starting at $510 with a $0.35 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. |
|---|---|---|---|
| Alpha Property Management (Alpha Rentals) | Four Bedroom (1.5 bath or 4 bath) | 4BR,4BA | $0.91 |
| Cape Trails | 4Bd. 4Bt. (1442sqft) | 4BR,4BA | $0.35 |
| Brooke Village | 2BR/1.5BA | 2BR,1.5BA | $0.72 |
| Chapel Ridge Martin | 3 Bedroom 2 Bath | 3BR,2BA | $0.82 |
| THE QUADS APARTMENTS | 3BR/1.0BA | 3BR,1BA | $0.73 |
| 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 |
| 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 ArticleNavigating 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.
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 THE QUADS 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 $750.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.