Cheap Apartments for Rent in Milford, MI from $800 (25 Rentals)

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Riverview Apartments
1 to 2 Bedroom Apartments

Riverview Apartments

230 Canal StMilford, MI 48381
  • Utilities Included

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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Waterview Farms Apartments
Rent Specials
$985 - $1,365
Total Monthly Price

Total Monthly Price

Base Rent
$955 - $1,335
Required Monthly Fees
$30

Total Monthly Price
$985 - $1,365
1 to 2 Bedroom Apartments Available Now

Waterview Farms Apartments

45685 Timberlane CtNovi, MI 48377
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Lakeside Apartments
1 to 2 Bedroom Apartments

Lakeside Apartments

2475 S Commerce RdWolverine Lake, MI 48390
Senior Living
  • Utilities Included

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.

Milford, MI Local Guide

Cheapest Neighborhoods for Apartments in Milford, MI

Pricing Updated: 01/30/2026

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

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Milford$2,072$1,4857

Cheapest Available Milford Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milford, MI is a Studio unit found at The Crossing At Eagle Pond in the Downtown Walled Lake neighborhood priced from $916. Kensington Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here is today’s list of the most affordable Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Crossing At Eagle PondStudioStudio,1BA$916
Kensington Park Apartments1 Bedroom 1 Bath1BR,1BA$949
The Village ApartmentsPrimrose1BR,1BA$982
Waterview Farms Apartments1x1 693sf1BR,1BA$985
1630 N. Pontiac Trail1 BD / 1 BA1BR,1BA$1,000

Best Value Apartments for Rent in Milford, MI and Nearby

As of January 30, 2026 the best value apartment in the Milford area is the $1.35 price per square foot Two Bedroom, Two & Half Bathroom Remodeled Model at Ridge Valley Townhomes in the in the Downtown Milford neighborhood starting from $1,750. The second greatest value Milford apartment is the Forestwood Model at Redwood Commerce Township starting at $1,999 with a $1.54 price per square foot . 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.
Ridge Valley TownhomesTwo Bedroom, Two & Half Bathroom Remodeled2BR,2.5BA$1.35
Redwood Commerce TownshipForestwood2BR,2BA$1.54
Redwood Wolverine LakeForestwood2BR,2BA$1.54
Pendleton Park ApartmentsManchester3BR,2BA$1.50
Briarcliff VillageThe Carrington2BR,2BA$1.44
Pine Ridge ApartmentsRanch2BR,2BA$1.33
Kensington Park Apartments2 Bedroom 1 Bath2BR,1BA$1.28
Westgate VI101 - 1 Bdrm, 1 Bath1BR,1BA$1.46
Waterview Farms Apartments1x1 693sf1BR,1BA$1.42
1630 N. Pontiac Trail1 BD / 1 BA1BR,1BA$1.54

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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!

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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 Kensington Park 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 $1,099 at Kensington Park 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 of Wixom and starts from $1,799.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.