Cheap Apartments for Rent in Milford, IN from $600 (39 Rentals)

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

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$875 - $1,320
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Total Monthly Price

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$835 - $1,280
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$40
Total Monthly Price
$875 - $1,320
1 to 3 Bedroom Apartments Available Apr 30

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1305 W Vistula StBristol, IN 46507
Corporate Housing
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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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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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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-39, 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. River Park Villa Apartments in the East Jackson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Courts of Colfax ApartmentsWinonaStudio,1BA$750
River Park Villa ApartmentsRiverside 1 Bedroom1BR,1BA$895
CedarwoodOne Bedroom1BR,1BA$900
Kuder EstatesTwo Bedroom One Bathroom2BR,1BA$1,019
Avalon Woods Apartment HomesStyle G2BR,1BA$1,055
Arbor Lakes ApartmentsOne Bedroom End1BR,1BA$1,126
Lakeland Villa Apartments2x12BR,1BA$1,145
Old Farm ApartmentsTwo Bedroom2BR,1BA$1,146
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1,150
River Point West1/11BR,1BA$1,163

Best Value Apartments for Rent in Milford, IN and Nearby

As of April 07, 2026 the best value apartment in the Milford area is the $1.36 price per square foot Phase 2 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 South Elkhart 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 22BR,2BA$1.36
Copperleaf Cove3 Bed 2 Bath3BR,2BA$1.43
North River Landing ApartmentsThe Whitewater2BR,2BA$1.08
Walnut Trails ApartmentsThe Oak2BR,2BA$1.19
Avalon Woods Apartment HomesStyle G2BR,1.5BA$1.02
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.15
Arbor Lakes ApartmentsTwo Bedroom2BR,2BA$1.43
Lakeland Villa Apartments***WAIT LIST APPLICATION***2BR,2BA$1.30
York Woods Center1BR/1BA LOFT1BR,1BA$1.44
River Park Villa ApartmentsRiverside 1 Bedroom1BR,1BA$1.38

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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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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!

Explore Milford, IN Rentals by Map

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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 Courts of Colfax Apartments 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 $850 at Courts of Colfax 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 $1,019 at Kuder Estates.

What is the most affordable Milford Three Bedroom Apartment?

The best deal on a cheap Milford Three Bedroom Apartment rental is at Briar Ridge Apartments and starts from $1,425.

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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.