Cheap Apartments for Rent in Milford, DE from $600 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in Milford.

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Mispillion Apartments
1 to 2 Bedroom Apartments

Mispillion Apartments

1029 S Walnut StMilford, DE 19963
  • Utilities Included
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The Willows at Milford
1 to 3 Bedroom Apartments

The Willows at Milford

151 Cascades LnMilford, DE 19963
  • Utilities Included
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634 Marshall St
3 Bedroom Apartments

634 Marshall St

634 Marshall StMilford, DE 19963

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.

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Lakeside Apartments
1 to 2 Bedroom Apartments

Lakeside Apartments

505 NW Front StMilford, DE 19963
  • Utilities Included

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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Diamond Court I & II
1 to 2 Bedroom Apartments

Diamond Court I & II

35 Diamond CtHarrington, DE 19952
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-44, Page 1 of 1

Milford, DE Local Guide

Cheapest Neighborhoods for Apartments in Milford, DE

Pricing Updated: 04/27/2026

Current apartment rentals in the Milford, DE area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Milford Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Orchard Hill$2,302$1,59533

Cheapest Available Milford Apartments for Rent

 

The cheapest available apartment rental in Milford, DE is a 1 Bed unit found at Elizabeth Cornish Landing in the Heritage Shores SFD neighborhood priced from $726. Riverchase Apartments in the Parker's Run neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here is today’s list of the most affordable Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elizabeth Cornish LandingLanding 1 BR1BR,1BA$726
Riverchase ApartmentsOne Bed1BR,1BA$1,295
Country Village Apartment HomesOne Bedroom - 756 sqft1BR,1BA$1,415
Planters Run Apartments (55+ Active Adult)1 Bedroom1BR,1BA$1,450
Dover Estates Apartments2 Bed 1 Bath – Azalea2BR,1BA$1,475
Premier Village Apartments2 Bedroom2BR,1BA$1,499
Reserve at SawmillHolly1BR,1BA$1,500
Greenwood PointeThe Oak Classic (2BD | 1.5 BA)2BR,1BA$1,525
College Park Apartments and Rental HomesHawthorn1BR,1BA$1,525
Weston Willows1BR/1BA: $1,5351BR,1BA$1,535

Best Value Apartments for Rent in Milford, DE

As of April 27, 2026 the best value apartment in the Milford area is the $1.42 price per square foot VO1 Model at Vincent Overlook in the in the Bay Front neighborhood starting from $2,695. The second greatest value Milford apartment is the Heron Bay 1 Model at Heron Bay starting at $2,395 with a $1.31 price per square foot in the Bay Front neighborhood. Here is today’s list of the best values for Milford apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Vincent OverlookVO13BR,2BA$1.42
Heron BayHeron Bay 13BR,2BA$1.31
The Reserve on East3 BD3BR,2BA$1.48
Windward Grove - Townhome RentalsInterior Unit - Fenced3BR,2.5BA$1.52
The Village at Blue HenNew Construction II2BR,2BA$1.44
Lakeside Apartments2 Bed | 1.5 Bath2BR,1.5BA$1.50
The Oaks at GeorgetownCanby2BR,2BA$1.50
Windward on the RiverReville2BR,2BA$1.57
Watergate Townhomes2 Bed 2 Bath Townhome2BR,2BA$1.46
Elizabeth Cornish LandingLanding 1 BR1BR,1BA$0.98

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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

Explore Milford, DE Rentals by Map

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See the most popular apartments and homes in Milford, DE

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Frequently Asked Questions about Cheap Milford Apartments

How much is rent for a Cheap One Bedroom Milford Apartment?

The lowest price for a Cheap One Bedroom Milford Apartment is $726 at Elizabeth Cornish Landing.

What is the lowest price for a Cheap Two Bedroom Milford Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Milford is starting from $851 at Elizabeth Cornish Landing.

What is the most affordable Milford Three Bedroom Apartment?

The best deal on a cheap Milford Three Bedroom Apartment rental is at Elizabeth Cornish Landing and starts from $1,191.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.