145 S Donovan St
WellingtonIL60973
Cheap Homes for Rent in Milford, IL from $500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Milford.
640 E McCracken Ave
HoopestonIL60942
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.
318 W Victory St
WatsekaIL60970
922 Martin St
DanvilleIL61832
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.
510 W Townsend St
DanvilleIL61832
Showing Results 1-5, Page 1 of 1
Milford, IL Local Guide
Milford Village Hall and Grain Elevator by Dual Freq is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Milford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milford 2 Bedroom Homes for Rent | $800 | $500 | $1,200 |
| Milford 3 Bedroom Homes for Rent | $1,055 | $750 | $2,900 |
| Milford 4 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Top Homes for Rent in Milford
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Milford, IL Local Guide
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Cheapest Available Milford Apartments for Rent and Nearby
The cheapest available apartment rental in Milford, IL is a 3 Beds unit found at 52 Flats in the Discovery Park neighborhood priced from $498. Brookhaven has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Milford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 52 Flats | 3BD 1.5BA DUPLEX - PER BD | 3BR,1BA | $498 |
| Brookhaven | Studio | Studio,1BA | $525 |
| Brunswick Apartments | Studio | Studio,1BA | $625 |
Best Value Apartments for Rent in Milford, IL and Nearby
As of September 20, 2025 the best value apartment in the Milford area is the $0.71 price per square foot Nevada-PREM Model at Lodge on the Trail in the in the Discovery Park neighborhood starting from $849. The second greatest value Milford apartment is the South Pointe 3bd/1.5ba Townhouse Model at South Pointe Commons starting at $858 with a $0.82 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. |
|---|---|---|---|
| Lodge on the Trail | Nevada-PREM | 3BR,3BA | $0.71 |
| South Pointe Commons | South Pointe 3bd/1.5ba Townhouse | 3BR,1.5BA | $0.82 |
| Village West | 2x1 | 2BR,1BA | $0.81 |
| 202 E Crockett | 2 Bedroom | 2BR,1BA | $1.05 |
| Shadeland Estates | 3BR/1.0BA | 3BR,1BA | $0.94 |
| Capstone Quarters | Two Bedroom Standard | 2BR,2BA | $0.71 |
| Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $1.03 |
| Falcon Way Townhomes | Two Bedroom Townhome | 2BR,1BA | $1.07 |
| West Liberty Point | 2 Bedroom | 2BR,1BA | $1.07 |
| The Grove | 1 Bed 1 Bath | 1BR,1BA | $0.97 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Milford, IL
Frequently Asked Questions about Milford
What type of rentals are currently available in Milford?
There are currently 72 Apartments for Rent in Milford, IL with pricing that ranges from $498 to $3,600. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milford ranging from $500 to $2,950.
What is the current price range for Rental Homes in Milford?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Milford ranges from $500 to $2,950 with an average monthly rent of $1,266.
How much are larger Three and Four Bedroom Rentals in Milford?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Milford range from $498 to $2,845, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $870.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
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.