Cheap Apartments for Rent in Milford, IA from $400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Milford.

422-424-424 N Willow St

905 E 5th 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.

1851 26th St

551 Lakeview Rd

812 Hills Ave

1757 4th Ave

2107 Nobles St

15 N Lawler St, Unit 1

Eytcheson Estates Sherburn

528 N Grant St

Park View Apartments

1212 Heckman Ct
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.

Eytcheson Estates Welcome

Deer Creek Apartments

808 Hills Ave
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.
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.
Milford, IA Local Guide

How much does it cost to rent an apartment in Milford?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Milford Studio Apartments | $802 | $750 | $1,035 |
Milford 1 Bedroom Apartments | $861 | $525 | $1,220 |
Milford 2 Bedroom Apartments | $1,307 | $750 | $3,582 |
Milford 3 Bedroom Apartments | $1,636 | $1,340 | $3,615 |
Milford 4 Bedroom Apartments | $1,076 | $975 | $1,100 |
Browse Top Apartments in Milford
See all Apartments in MilfordExplore Milford
Milford, IA Local Guide
- Nearby Cities
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Cheapest Available Milford Apartments for Rent and Nearby
 The cheapest available apartment rental in Milford, IA is a 1 Bed unit found at Rolfe 20-Unit priced from $400. Burt 18-Unit (Countryside Properties) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $450. Here is today’s list of the most affordable Milford apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Rolfe 20-Unit | 1 Bedroom | 1BR,1BA | $400 |
Burt 18-Unit (Countryside Properties) | 1 Bedroom | 1BR,1BA | $450 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $700 |
Park View Apartments | 1 Bed/ 1 Bath | 1BR,1BA | $725 |
1212 Heckman Ct | Studio | Studio,1BA | $750 |
Deer Creek Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $765 |
Lewis Hotel Apartments | 1 BR | 1BR,1BA | $850 |
Seneca Place Apartments | 2 Bedroom | 2BR,1BA | $875 |
Best Value Apartments for Rent in Milford, IA and Nearby
As of September 07, 2025 the best value apartment in the Milford area is the $0.71 price per square foot 4 Bedroom - Lower Level Model at Windom Landing in the starting from $975. The second greatest value Milford apartment is the F - 3 Bed Lakeview Model at Lakeside Apartments starting at $1,479 with a $1.18 price per square foot . Here is today’s list of the best values for Milford apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Windom Landing | 4 Bedroom - Lower Level | 4BR,2BA | $0.71 |
Lakeside Apartments | F - 3 Bed Lakeview | 3BR,2BA | $1.18 |
1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
522 Central Ave, Unit 7 | 522 Central Ave | 1BR,1BA | $0.94 |
301 Buena Vista Street, Unit 4 | 301 Buena Vista Street | 2BR,1BA | $1.03 |
Seneca Place Apartments | 2 Bedroom | 2BR,1BA | $1.12 |
219 6th St SW | One Bedroom | 1BR,1BA | $1.20 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.23 |
Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $0.82 |
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Best Local Schools in Milford, IA
Okoboji Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Milford, IA
Walk Score®
34 / 100
Car-Dependent
Most errands require a car
Bike Score®
51 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Milford Apartments
What is the Cheapest Studio apartment in Milford?
Currently the most affordable Cheap Studio Apartment in Milford is at 1212 Heckman Ct listed at $750.
How much is rent for a Cheap One Bedroom Milford Apartment?
The lowest price for a Cheap One Bedroom Milford Apartment is $400 at Rolfe 20-Unit.
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 $500 at Rolfe 20-Unit.
What is the most affordable Milford Three Bedroom Apartment?
The best deal on a cheap Milford Three Bedroom Apartment rental is at Deer Creek Apartments and starts from $1,340.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.