Cheap Homes for Rent in Milford, IN from $600 (14 Rentals)

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

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.

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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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Milford, IN Local Guide

Cheapest Available Milford Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milford, IN is a 2 Beds unit found at Forest Glen Apartments in the Bower neighborhood priced from $850. 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 ListingModel NameBed/BathPriced From
Forest Glen Apartments2 Bed2BR,1BA$850
Elkhart Green Apartments11BR,1BA$865
Northway Manor1 Bedroom A1BR,1BA$880
GOLFVIEWSmall Two Bedroom2BR,2BA$885
Welcome to Tippe River Downs1x1 Senior Villa1BR,1BA$899

Best Value Apartments for Rent in Milford, IN and Nearby

As of June 01, 2025 the best value apartment in the Milford area is the $1.09 price per square foot Three Bedroom Model at GOLFVIEW in the in the South Elkhart neighborhood starting from $1,250. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
GOLFVIEWThree Bedroom3BR,2BA$1.09
Hunter's Pond2 Bedroom/ 2 Bath - Hunter's Pond2BR,2BA$1.24
Walnut Trails ApartmentsThe Oak2BR,2BA$1.02
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.10
Kuder EstatesTwo Bedroom One Bathroom2BR,1BA$1.05
Forest Glen Apartments3 Bed3BR,1BA$1.16
River Point West1/11BR,1BA$1.21
Briar Ridge Apartments2x2 Briar Ridge APTS2BR,2BA$1.35
The Retreat Apartment Homes2 bd2BR,1BA$1.14
Elkhart Green Apartments11BR,1BA$1.20

Quick Rent Budget Calculator

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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 $3,977. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milford ranging from $295 to $4,800.

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 $4,800 with an average monthly rent of $1,629.

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 $895 to $3,977, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,408.

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.

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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.

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.