Cheap Apartments for Rent in Milford, IL from $500 (57 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
  • Utilities Included
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. 52 Flats in the Discovery Park neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $531. Here is today’s list of the most affordable Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BrookhavenStudioStudio,1BA$525
52 Flats3BD 1.5BA DUPLEX - PER BD3BR,1BA$531
Brunswick ApartmentsStudioStudio,1BA$625
The Grove1 Bed 1 Bath1BR,1BA$726
West Liberty Point2 Bedroom2BR,1BA$800
Town & Country ApartmentsDanbury1BR,1BA$823
Townway Place1 Beds, 1 Baths1BR,1BA$825
Madison Cottage of Rensselaer1x11BR,1BA$879
Eastland ApartmentsStudio ApartmentStudio,1BA$895
Devonshire Village1 Bed 1 Bath1BR,1BA$900

Best Value Apartments for Rent in Milford, IL and Nearby

As of July 31, 2025 the best value apartment in the Milford area is the $0.58 price per square foot South Pointe 4bd/1.5ba Duplex w/ Carport & Bas... Model at South Pointe Commons in the starting from $1,154. The second greatest value Milford apartment is the Three Bedroom Standard Model at Capstone Quarters starting at $625 with a $0.45 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 4bd/1.5ba Duplex w/ Carport & Bas...4BR,1.5BA$0.58
Capstone QuartersThree Bedroom Standard3BR,3BA$0.45
Hub on Campus West Lafayette4x3 D4BR,3BA$0.93
Devonshire Village2 Bed 2 Bath Private Entry2BR,2BA$1.21
Crosswalk Commons4 Bedroom 2 Bath4BR,2BA$0.71
202 E Crockett2 Bedroom2BR,1BA$1.05
Madison Cottage of Rensselaer1x11BR,1BA$1.03
West Liberty Point2 Bedroom2BR,1BA$1.07
The Grove1 Bed 1 Bath1BR,1BA$0.97
Woods EdgeThe Boilermaker1BR,1BA$1.33

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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 $650 at Brookhaven.

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 $662 at 52 Flats.

What is the most affordable Milford Three Bedroom Apartment?

The best deal on a cheap Milford Three Bedroom Apartment rental is at 52 Flats and starts from $531.

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.

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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.

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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.

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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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.