
Cheap Homes for Rent near Milford, KY from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Milford.


36-38 N Front St

961 Golfview Dr

1460 Nutmeg St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

201 Bramel Dr

1221 Arlington Dr

2791 Madison Ave

2823 Madison Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.
Milford, KY 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 | $1,504 | $950 | $2,500 |
| Milford 3 Bedroom Homes for Rent | $2,253 | $1,199 | $4,000 |
| Milford 4 Bedroom Homes for Rent | $2,827 | $2,275 | $3,800 |
Browse Top Homes for Rent in Milford
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Milford, KY Local Guide
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Cheapest Available Milford Apartments for Rent and Nearby
 The cheapest available apartment rental in Milford, KY is a Studio unit found at Mary Ingles Place in the California neighborhood priced from $615. Williamsburg Terrace in the Bourbon County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here is today’s list of the most affordable Milford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mary Ingles Place | STUDIO | Studio,1BA | $615 |
| Williamsburg Terrace | One Bedroom-Rent Based on Income | 1BR,1BA | $755 |
| Amelia Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $815 |
Best Value Apartments for Rent in Milford, KY and Nearby
As of July 09, 2026 the best value apartment in the Milford area is the $1.31 price per square foot Dp - Belmont Model at Haverford Place in the in the Scott County neighborhood starting from $1,790. The second greatest value Milford apartment is the 3 Bedroom, 1.5 Bath Duplex 1,200SqFt Model at Norse Landing starting at $1,615 with a $1.35 price per square foot in the Campbell County 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. |
|---|---|---|---|
| Haverford Place | Dp - Belmont | 3BR,2BA | $1.31 |
| Norse Landing | 3 Bedroom, 1.5 Bath Duplex 1,200SqFt | 3BR,1.5BA | $1.35 |
| Willowbrooke Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.17 |
| The Retreat at Stillmeadow | Westchester | 2BR,1BA | $1.27 |
| Independence Oaks | Two Bedroom | 2BR,2BA | $1.09 |
| Glen Hollow | 2 bed 2 bath | 2BR,2BA | $1.26 |
| 29 Warsaw Ave | 29 - 3 Bedroom | 3BR,1BA | $1.32 |
| Colts Crossing | Two Bed One Bath 816 Sqft | 2BR,1BA | $1.29 |
| Markim Place Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.35 |
| 125 Starling Road | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.27 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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!
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Frequently Asked Questions about Milford
What type of rentals are currently available in Milford?
There are currently 52 Apartments for Rent in Milford, KY with pricing that ranges from $615 to $3,062. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milford ranging from $950 to $4,000.
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 $950 to $4,000 with an average monthly rent of $2,194.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.