
Cheap Apartments for Rent in Milford, IN from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Milford.


Elkhart Green Apartments

FARMINGTON HILLS
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.

Walnut Trails Apartments

River Park Villa Apartments

Westgate Manor Apartments
The Art of the Rental Viewing: What to look for during a property tour
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.

North River Landing Apartments

Welcome to Tippe River Downs

3489 W 100 S
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.

1706 Tippecanoe Dr

3451 W 100 N

308 E Madison St

310 N Michigan St

709 W Market St
Milford, IN Local Guide

How much does it cost to rent an apartment in Milford?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Milford Studio Apartments | $848 | $550 | $1,133 |
Milford 1 Bedroom Apartments | $1,117 | $620 | $2,075 |
Milford 2 Bedroom Apartments | $1,373 | $770 | $2,770 |
Milford 3 Bedroom Apartments | $1,552 | $895 | $2,970 |
Browse Top Apartments in Milford
See all Apartments in MilfordExplore Milford
Milford, IN Local Guide
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Cheapest Available Milford Apartments for Rent and Nearby
 The cheapest available apartment rental in Milford, IN is a 1 Bed unit found at GOLFVIEW in the South Elkhart neighborhood priced from $845. Elkhart Green Apartments in the Hayden neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $865. Here is today’s list of the most affordable Milford apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
GOLFVIEW | One Bedroom | 1BR,1BA | $845 |
Elkhart Green Apartments | 1 | 1BR,1BA | $865 |
Welcome to Tippe River Downs | 1x1 Senior Villa | 1BR,1BA | $899 |
Northway Manor | 1 Bedroom - B | 1BR,1BA | $915 |
Woodwind Apartments | 1 BR/ 1 BA | 1BR,1BA | $925 |
Best Value Apartments for Rent in Milford, IN and Nearby
As of June 22, 2025 the best value apartment in the Milford area is the $1.08 price per square foot The Whitewater Model at North River Landing Apartments in the in the Bower neighborhood starting from $1,300. The second greatest value Milford apartment is the 2 Bedroom/ 2 Bath - Hunter's Pond Model at Hunter's Pond starting at $1,325 with a $1.24 price per square foot in the East Jackson neighborhood. 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. |
---|---|---|---|
North River Landing Apartments | The Whitewater | 2BR,2BA | $1.08 |
Hunter's Pond | 2 Bedroom/ 2 Bath - Hunter's Pond | 2BR,2BA | $1.24 |
Walnut Trails Apartments | The Walnut | 2BR,2BA | $1.07 |
GREENLEAF | 2 bed 2 bath 1000 sq ft | 2BR,2BA | $1.10 |
Kuder Estates | Two Bedroom One Bathroom | 2BR,1BA | $1.06 |
River Point West | 1/1 | 1BR,1BA | $1.13 |
Briar Ridge Apartments | 2x2 Briar Ridge APTS | 2BR,2BA | $1.35 |
Orchard Ridge | 2 Bedroom-R | 2BR,1.5BA | $1.36 |
Elkhart Green Apartments | 1 | 1BR,1BA | $1.20 |
GOLFVIEW | One Bedroom | 1BR,1BA | $1.30 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Milford, IN Rentals by Map
See the most popular apartments and homes in Milford, IN
Getting Around Milford, IN
Walk Score®
19 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
55 / 100
Bikeable
Some 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
How much is rent for a Cheap One Bedroom Milford Apartment?
The lowest price for a Cheap One Bedroom Milford Apartment is $845 at GOLFVIEW.
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 $885 at GOLFVIEW.
What is the most affordable Milford Three Bedroom Apartment?
The best deal on a cheap Milford Three Bedroom Apartment rental is at GOLFVIEW and starts from $1,250.
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.

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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.