
Cheap Apartments for Rent in Milford, ME from $759 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Milford.


37 Pheasant Hill Mobile Home Park

54 Pheasant Hill Mobile Home Park

7 Boulder Dr

14 Pheasant Hill Mobile Home Park

8 Pebble Dr

1 Pebble Dr

5 Rocky Wy
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

101 E Broadway

Bradford Commons

160 Birch St

12 Jameson St

58 Dartmouth St, Unit Apt. 2

Total Monthly Price
165 Brunswick St, Unit 5

586 Main St

33 E Summer St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

15 Sweet Fern Dr

53 S Park St

200 Center St, Unit 5

10 Highland Ave

101 Front St, Unit 3

79 2nd St

31 Stillwater Ave, Unit 4

Cedarwoods Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

91 1st St

Stillwater Village Apartments

279 Bangor Rd

110 Essex St

409 Fourth St, Unit 5

16 Austin Dr

1 Austin Dr

26 Austin Dr
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.

799 Stillwater Ave

18 Exeter Rd

12 Boynton St

184 Lancaster Brook Rd

11 Austin Dr

13 Austin Dr

9 Austin Dr

21 Austin Dr
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.

2 Austin Dr

1337 Hammond St
Milford, ME Local Guide

How much does it cost to rent an apartment in Milford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milford Studio Apartments | $1,325 | $1,000 | $1,650 |
| Milford 1 Bedroom Apartments | $1,578 | $1,200 | $2,500 |
| Milford 2 Bedroom Apartments | $1,703 | $1,000 | $3,000 |
| Milford 3 Bedroom Apartments | $1,644 | $1,400 | $1,800 |
| Milford 4 Bedroom Apartments | $759 | $759 | $759 |
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Milford, ME Local Guide
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Cheapest Available Milford Apartments for Rent and Nearby
 The cheapest available apartment rental in Milford, ME is a 2 Beds unit found at Cedarwoods Apartments in the Downtown Bangor neighborhood priced from $1,350. Stillwater Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here is today’s list of the most affordable Milford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedarwoods Apartments | 2 Bedroom (units 1-8) | 2BR,1BA | $1,350 |
| Stillwater Village Apartments | 1x1 650 | 1BR,1BA | $1,400 |
| Triangle Apartments | 1 | 2BR,1BA | $1,500 |
| Mayo Mill | 2BR | 2BR,2BA | $1,502 |
| Exchange Block | Studio | Studio,1BA | $1,650 |
| Old County Estates | Apartment | 2BR,1BA | $1,800 |
| Pinewood Apartments | Pinewood Apartments | 2BR,1BA | $1,800 |
Best Value Apartments for Rent in Milford, ME and Nearby
As of September 05, 2026 the best value apartment in the Milford area is the $1.20 price per square foot 10 January Ln Model at 10 January Ln, Unit Upper in the starting from $1,800. The second greatest value Milford apartment is the C3 Model at Acadia Heights starting at $885 with a $0.63 price per square foot . 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. |
|---|---|---|---|
| 10 January Ln, Unit Upper | 10 January Ln | 2BR,1BA | $1.20 |
| Acadia Heights | C3 | 3BR,3.5BA | $0.63 |
| The Reserve at Orono | 3 Bedroom, 3 Bath | 3BR,3BA | $0.62 |
| Pinewood Apartments | Pinewood Apartments | 2BR,1.5BA | $1.50 |
| 45 Mount Hope Ave, Unit 45 | 45 Mount Hope Ave | 2BR,1BA | $1.54 |
| Orchard Trails | 4x2 | 4BR,2BA | $0.68 |
| Old County Estates | Apartment | 2BR,1.5BA | $1.64 |
| Exchange Block | 1BR/1.0BA | 1BR,1BA | $1.95 |
| Triangle Apartments | 1 | 2BR,1BA | $1.67 |
| Cedarwoods Apartments | 2 Bedroom (units 1-8) | 2BR,1BA | $1.80 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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!
Explore Milford, ME Rentals by Map
See the most popular apartments and homes in Milford, ME
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 $1,400 at Stillwater Village Apartments.
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 $1,350 at Cedarwoods Apartments.
What is the most affordable Milford Three Bedroom Apartment?
The best deal on a cheap Milford Three Bedroom Apartment rental is at Stillwater Village Apartments and starts from $1,800.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.