Cheap Homes for Rent in Milford, KY from $800 (5 Rentals)

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

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.

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.

Milford, KY Local Guide

Cheapest Available Milford Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milford, KY is a 1 Bed unit found at Williamsburg Terrace priced from $724. Liberty Trace Apartments in the Liberty Crossing neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Williamsburg TerraceOne Bedroom-Rent Based on Income1BR,1BA$724
Liberty Trace Apartments1x11BR,1BA$800
Deer Pointe Apartments2x1 900-9502BR,1BA$940

Best Value Apartments for Rent in Milford, KY and Nearby

As of July 29, 2025 the best value apartment in the Milford area is the $1.24 price per square foot Three Bedroom Model at Independence Oaks in the in the Freedom Park neighborhood starting from $1,680. The second greatest value Milford apartment is the Overlook III - 3x2 Model at Overlook at Elkhorn Creek - INCOME RESTRICTED starting at $1,367 with a $1.22 price per square foot in the Adena Ridge 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.
Independence OaksThree Bedroom3BR,2BA$1.24
Overlook at Elkhorn Creek - INCOME RESTRICTEDOverlook III - 3x23BR,2BA$1.22
Markim Place Apartments2 Beds, 1.5 baths2BR,1.5BA$1.16
Delaware Crossing Apartments2 Bedroom 2 Bathroom2BR,2BA$1.35
The Retreat at StillmeadowPebble Beach1BR,1BA$1.31
Deer Pointe Apartments2x1 900-9502BR,1BA$1.04
The Legends at Steeplechase1 Bedroom 1 Bath1BR,1BA$1.42
Harbour Cove ApartmentsSmall/ 2 Bedroom2BR,1BA$1.35
Glen Hollow1 bed 1 bath1BR,1BA$1.36
Liberty Trace Apartments1x11BR,1BA$1.23

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Frequently Asked Questions about Milford

What type of rentals are currently available in Milford?

There are currently 43 Apartments for Rent in Milford, KY with pricing that ranges from $640 to $4,432. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milford ranging from $845 to $3,100.

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 $845 to $3,100 with an average monthly rent of $1,815.

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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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.

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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.