Cheap Apartments for Rent in Milford, IL from $400 (53 Rentals)

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Willow Springs
2 Bedroom Apartments

Willow Springs

1606 Willow View RdUrbana, IL 61802
Furnished
  • Utilities Included
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Bethel Townhomes
3 Bedroom Apartments

Bethel Townhomes

3552-3558 Bethel DrWest Lafayette, IN 47906
Student Housing
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202 E Crockett
2 Bedroom Apartments

202 E Crockett

202 Crockett StCatlin, IL 61817
Showing Results 1-50, Page 1 of 2

Milford, IL Local Guide

Cheapest Available Milford Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milford, IL is a Studio unit found at Brookhaven priced from $525. Brunswick Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BrookhavenStudioStudio,1BA$525
Brunswick ApartmentsStudioStudio,1BA$625
Falcon Way TownhomesOne Bedroom1BR,1BA$638
Woods EdgeThe Boilermaker1BR,1BA$750
The Grove1BR1BR,1BA$783
West Liberty Point2 Bedroom2BR,1BA$800
Town & Country ApartmentsDanbury1BR,1BA$814
Townway Place1 Beds, 1 Baths1BR,1BA$850
University ParkOne Bedroom1BR,1BA$850
Madison Cottage of Rensselaer1x11BR,1BA$879

Best Value Apartments for Rent in Milford, IL and Nearby

As of November 13, 2025 the best value apartment in the Milford area is the $0.69 price per square foot South Pointe 5bd/3.0ba Townhouse Model at South Pointe Commons in the starting from $1,204. The second greatest value Milford apartment is the The Palmer Model at Golfview Village starting at $1,040 with a $0.63 price per square foot . 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.
South Pointe CommonsSouth Pointe 5bd/3.0ba Townhouse5BR,3BA$0.69
Golfview VillageThe Palmer4BR,2.5BA$0.63
Shadeland Estates(Clayton) Shadeland Estates New Large Homes 3bd...3BR,2BA$0.97
The Oasis3BR/3.0BA3BR,3BA$0.78
Capstone QuartersTwo Bedroom Standard2BR,2BA$0.71
Candlelight EstatesLeasing NOW - Brand new 2bd/2bth homes located ...2BR,2BA$1.14
Madison Cottage of Rensselaer1x11BR,1BA$1.03
University ParkTwo Bedroom2BR,1BA$1.17
West Liberty Point2 Bedroom2BR,1BA$1.07
Woods EdgeThe Boilermaker1BR,1BA$1.07

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Pet Friendly Lifestyle

Ranked #

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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

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Getting Around Milford, IL

Walk Score®

32 / 100

Car-Dependent

Most errands require a car

Bike Score®

36 / 100

Somewhat Bikeable

Minimal 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 Brookhaven listed at $525.

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

The lowest price for a Cheap One Bedroom Milford Apartment is $638 at Falcon Way Townhomes.

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 $725 at Brookhaven.

What is the most affordable Milford Three Bedroom Apartment?

The best deal on a cheap Milford Three Bedroom Apartment rental is at Falcon Way Townhomes and starts from $903.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.