Cheap Apartments for Rent near Milford, IN from $600 (33 Rentals)

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

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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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.

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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.

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property at 216 S Cavin St

$750 - $850

1 To 2 Bedroom Rentals

Available Now

216 S Cavin St

LigonierIN46767
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The 2525
1 to 4 Bedroom Apartments

The 2525

2525 Durbin StWarsaw, IN 46580
  • Utilities Included
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Aspen Meadows
1 to 3 Bedroom Apartments

Aspen Meadows

1227 Briarwood BlvdGoshen, IN 46526
  • Utilities Included

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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Showing Results 1-33, Page 1 of 1

Milford, IN Local Guide

Cheapest Available Milford Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milford, IN is a Studio unit found at Courts of Colfax Apartments priced from $750. Cedarwood in the Goshen neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $815. Here is today’s list of the most affordable Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Courts of Colfax ApartmentsWinonaStudio,1BA$750
CedarwoodStudio Deluxe UpgradeStudio,1BA$815
Forest Glen Apartments1 Bed1BR,1BA$895
Old Farm ApartmentsStudioStudio,1BA$912
GOLFVIEWTwo Bedroom2BR,2BA$985
Kuder EstatesTwo Bedroom One Bathroom2BR,1BA$1,029
Ariel Cycle WorksStudioStudio,1BA$1,080
The Retreat Apartment Homes2 bd2BR,1BA$1,092
Lakeland Villa Apartments2x12BR,1BA$1,145
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1,175

Best Value Apartments for Rent in Milford, IN and Nearby

As of July 09, 2026 the best value apartment in the Milford area is the $1.36 price per square foot Phase 3 Model at The Villas at County Farm Crossing in the starting from $2,450. The second greatest value Milford apartment is the 3 Bed 2 Bath Model at Copperleaf Cove starting at $1,849 with a $1.43 price per square foot in the Goshen 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.
The Villas at County Farm CrossingPhase 32BR,2BA$1.36
Copperleaf Cove3 Bed 2 Bath3BR,2BA$1.43
Hunter's Pond Apartments2x2 Classic2BR,2BA$1.31
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.18
GOLFVIEWTwo Bedroom - Fully Renovated2BR,2BA$1.38
Kuder EstatesTwo Bedroom One Bathroom2BR,1BA$1.07
Lakeland Villa Apartments2x12BR,1BA$1.24
The Retreat Apartment Homes2 bd2BR,1BA$1.20
Forest Glen Apartments2 BDR2BR,1BA$1.35
Courts of Colfax ApartmentsWinonaStudio ,1BA$1.24

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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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 $895 at Forest Glen Apartments.

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 $985 at GOLFVIEW.

What is the most affordable Milford Three Bedroom Apartment?

The best deal on a cheap Milford Three Bedroom Apartment rental is at Forest Glen Apartments and starts from $1,165.

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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.