Cheap Apartments for Rent in Milford, DE from $600 (48 Rentals)

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

property at 704 SE 2nd St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

4 Bedroom, 1.5 Bath Home for Rent

Available Jul 1

704 SE 2nd St

MilfordDE19963
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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

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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.

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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Diamond Court I & II
1 to 2 Bedroom Apartments

Diamond Court I & II

35 Diamond CtHarrington, DE 19952
  • Utilities Included
property at 110 Kimmey St

$1,500 - $1,550

2 Bedroom Rentals

Available Now

110 Kimmey St

GeorgetownDE19947

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.

Milford, DE Local Guide

Cheapest Neighborhoods for Apartments in Milford, DE

Pricing Updated: 06/11/2026

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$2,228$1,59520

Cheapest Available Milford Apartments for Rent and Nearby

 

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. Dunbarton Estates Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $776. 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
Dunbarton Estates Apartments1 Bed, 1 bath1BR,1BA$776
Premier Village ApartmentsStudioStudio,1BA$1,225
Riverchase ApartmentsOne Bed1BR,1BA$1,295
Country Village Apartment HomesOne Bedroom - 756 sqft1BR,1BA$1,325
Planters Run Apartments (55+ Active Adult)1 Bedroom1BR,1BA$1,450
Greenwood Pointe ApartmentsThe Oak Classic (2BD | 1.5 BA)2BR,1BA$1,525
College Park Apartments and Rental HomesHawthorn1BR,1BA$1,525
Cypress GroveApartments at Cypress Grove (1BR/1BA)1BR,1BA$1,545
Linkside Apartments2 Bed 2 Bath2BR,2BA$1,550

Best Value Apartments for Rent in Milford, DE and Nearby

As of June 12, 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 End Unit - Fenced Model at Windward Grove Apartments starting at $2,408 with a $1.55 price per square foot in the Orchard Hill 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
Windward Grove ApartmentsEnd Unit - Fenced3BR,2.5BA$1.55
Windward on the RiverCarlisle3BR,2BA$1.51
Sunset VillageMorgan3BR,2BA$1.54
Village at Blue Hen2NW2NH2BR,2BA$1.46
The Oaks at GeorgetownCanby2BR,2BA$1.50
Watergate Townhomes2 Bed 2 Bath Townhome2BR,2BA$1.49
Weston Willows2BR/2BA: $1,7102BR,2BA$1.55
Elizabeth Cornish LandingLanding 1 BR1BR,1BA$0.98
Dunbarton Estates Apartments1 Bed, 1 bath1BR,1BA$1.05

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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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.

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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!

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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 $796 at Dunbarton Estates Apartments.

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 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.

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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.

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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.

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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.