Cheap Apartments for Rent in Milford, MI from $880 (49 Rentals)

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

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Riverview Apartments
1 to 2 Bedroom Apartments

Riverview Apartments

230 Canal StMilford, MI 48381
  • Utilities Included

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.

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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.

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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.

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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.

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Lakeside Apartments
1 to 2 Bedroom Apartments

Lakeside Apartments

2475 S Commerce RdWolverine Lake, MI 48390
Senior Living
  • Utilities Included
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Wolverine Lake Lofts
1 to 2 Bedroom Apartments

Wolverine Lake Lofts

3065 S Commerce RdWolverine Lake, MI 48390

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.

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Showing Results 1-49, Page 1 of 1

Milford, MI Local Guide

Cheapest Neighborhoods for Apartments in Milford, MI

Pricing Updated: 09/14/2026

Current apartment rentals in the Milford, MI area range in price from $1,485 to $2,115 with an overall median price of $2,065. Here is today’s list neighborhoods with the lowest median pricing for Milford Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Milford$2,065$1,4852

Cheapest Available Milford Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milford, MI is a 1 Bed unit found at 1630 N Pontiac Trl in the Twelve Mile Road neighborhood priced from $1,000. The Springs Apartment Homes in the Novi neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,065. Here is today’s list of the most affordable Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1630 N Pontiac Trl1 BD / 1 BA1BR,1BA$1,000
The Springs Apartment HomesVerbena1BR,1BA$1,065
Bristol Square and Golden Gate ApartmentsMina at Golden Gate1BR,1BA$1,138
Lakeshore Hilltop ApartmentsLakeview - 1 Bedroom1BR,1BA$1,165
Westgate VI201 - 2 Bdrm, 1 Bath2BR,1BA$1,235
Stone Ridge ApartmentsIris View2BR,1BA$1,245
Town & Country Apartments - Wixom, MIAthena I2BR,1BA$1,249
The Crossing At Eagle PondOntario1BR,1BA$1,346
Kensington Place ApartmentsKensington- 2 Bedroom2BR,1BA$1,350
Portsmouth ApartmentsPeony Deluxe1BR,1BA$1,489

Best Value Apartments for Rent in Milford, MI and Nearby

As of September 14, 2026 the best value apartment in the Milford area is the $1.60 price per square foot 3B Model at Encore at Lake Forest Trail in the in the Downtown Highland neighborhood starting from $2,768. The second greatest value Milford apartment is the Ridge Valley Townhomes | Three Bed | Two and a ... Model at Ridge Valley Townhomes (Mill Ridge LLC) starting at $2,100 with a $1.50 price per square foot in the Downtown Milford 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.
Encore at Lake Forest Trail3B3BR,2.5BA$1.60
Ridge Valley Townhomes (Mill Ridge LLC)Ridge Valley Townhomes | Three Bed | Two and a ...3BR,2.5BA$1.50
Redwood HartlandHaydenwood2BR,2BA$1.64
Redwood Commerce TownshipForestwood2BR,2BA$1.54
Pendleton Park ApartmentsBrentwood2BR,2BA$1.52
Town & Country Apartments - Wixom, MIAthena II2BR,1BA$1.54
Lakeshore Hilltop ApartmentsLakeview - 1 Bedroom1BR,1BA$1.55
Westgate VI101 - 1 Bdrm, 1 Bath1BR,1BA$1.53
1630 N Pontiac Trl1 BD / 1 BA1BR,1BA$1.54
The Village ApartmentsPrimrose1BR,1BA$1.67

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.

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Navigating 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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Milford, MI Rentals by Map

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See the most popular apartments and homes in Milford, MI

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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 $949 at The 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 $1,225 at Lakeshore Hilltop Apartments.

What is the most affordable Milford Three Bedroom Apartment?

The best deal on a cheap Milford Three Bedroom Apartment rental is at Meadowood Park Apartments and starts from $1,819.

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

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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.

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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.

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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.

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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.