
Cheap Homes for Rent in Milford, IN from $300 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Milford.


1706 Tippecanoe Dr
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.

221 Columbia St

419 S Indiana St

3451 W 100 N

3489 W 100 N

210 Queen St

709 W Market St

160 N 6th St
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.

301 Weeks St

411 Parker St

108 W Washington St

1904 Sand Dollar Dr

206 York Dr

415 Middlebury St
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.
Milford, IN Local Guide

How much does it cost to rent a home in Milford?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Milford 2 Bedroom Homes for Rent | $1,154 | $350 | $2,300 |
Milford 3 Bedroom Homes for Rent | $1,579 | $375 | $3,000 |
Milford 4 Bedroom Homes for Rent | $2,250 | $1,950 | $2,500 |
Browse Top Homes for Rent in Milford
Explore 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 FARMINGTON HILLS in the Impact neighborhood priced from $800. Cedarwood has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here is today’s list of the most affordable Milford apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
FARMINGTON HILLS | 1 BR | 1BR,1BA | $800 |
Cedarwood | Studio | Studio,1BA | $840 |
GOLFVIEW | Small Two Bedroom | 2BR,2BA | $885 |
Welcome to Tippe River Downs | 1x1 Senior Villa | 1BR,1BA | $899 |
Woodwind Apartments | 1 BR/ 1 BA | 1BR,1BA | $929 |
Best Value Apartments for Rent in Milford, IN and Nearby
As of July 28, 2025 the best value apartment in the Milford area is the $1.24 price per square foot Forestwood Model at Redwood Warsaw in the starting from $1,599. The second greatest value Milford apartment is the The Whitewater Model at North River Landing Apartments starting at $1,300 with a $1.08 price per square foot in the Bower 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. |
---|---|---|---|
Redwood Warsaw | Forestwood | 2BR,2BA | $1.24 |
North River Landing Apartments | The Whitewater | 2BR,2BA | $1.08 |
GOLFVIEW | Three Bedroom | 3BR,2BA | $1.09 |
Hunter's Pond | 2 Bedroom/ 2 Bath - Hunter's Pond | 2BR,2BA | $1.25 |
GREENLEAF | 2 bed 2 bath 1000 sq ft | 2BR,2BA | $1.10 |
Kuder Estates | Two Bedroom One Bathroom | 2BR,1BA | $1.03 |
Northway Manor | 2 Bedroom Townhouse | 2BR,1.5BA | $1.10 |
River Point West | 1/1 | 1BR,1BA | $1.13 |
Maple Lane Apartments | Maple Manor | 2BR,1BA | $1.31 |
Elkhart Green Apartments | 2 | 2BR,1BA | $1.17 |
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.
Frequently Asked Questions about Milford
What type of rentals are currently available in Milford?
There are currently 36 Apartments for Rent in Milford, IN with pricing that ranges from $550 to $6,091. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milford ranging from $295 to $3,000.
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 $295 to $3,000 with an average monthly rent of $1,270.
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.