Cheap Apartments for Rent in Milford, MI from $800 (42 Rentals)

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

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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Riverview Apartments
1 to 2 Bedroom Apartments

Riverview Apartments

230 Canal StMilford, MI 48381
  • Utilities Included

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

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 1-42, Page 1 of 1

Milford, MI Local Guide

Cheapest Neighborhoods for Apartments in Milford, MI

Pricing Updated: 07/30/2026

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$2,100$1,4254

Cheapest Available Milford Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milford, MI is a 1 Bed unit found at Waterview Farms Apartments in the Novi neighborhood priced from $985. 1630 N Pontiac Trl in the Twelve Mile Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waterview Farms Apartments1x1 693sf1BR,1BA$985
1630 N Pontiac Trl1 BD / 1 BA1BR,1BA$1,000
Stone Ridge ApartmentsVerbena1BR,1BA$1,043
Town & Country Apartments - Wixom, MIAres1BR,1BA$1,099
Lakeshore Hilltop ApartmentsLakeview - 1 Bedroom1BR,1BA$1,165
Westgate VI101 - 1 Bdrm, 1 Bath1BR,1BA$1,205
Bristol Square and Golden Gate ApartmentsMagnolia at Golden Gate1BR,1BA$1,212
Portsmouth ApartmentsPeony1BR,1BA$1,238
Wolverine Lake Lofts1-Bedroom1BR,1BA$1,295
Kensington Park Apartments2 Bedroom 1 Bath2BR,1BA$1,349

Best Value Apartments for Rent in Milford, MI and Nearby

As of July 31, 2026 the best value apartment in the Milford area is the $1.50 price per square foot Ridge Valley Townhomes - Three Bedroom, Two & H... Model at Ridge Valley Townhomes (Mill Ridge LLC) in the in the Downtown Milford neighborhood starting from $2,100. The second greatest value Milford apartment is the Forestwood Model at Redwood White Lake starting at $2,086 with a $1.61 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 Townhomes (Mill Ridge LLC)Ridge Valley Townhomes - Three Bedroom, Two & H...3BR,2.5BA$1.50
Redwood White LakeForestwood2BR,2BA$1.61
Briarcliff VillageThe Phoenix2BR,2BA$1.43
Kensington Park Apartments2 Bedroom 1 Bath2BR,1BA$1.57
Lakeshore Hilltop ApartmentsLakeview - 1 Bedroom1BR,1BA$1.55
Westgate VI101 - 1 Bdrm, 1 Bath1BR,1BA$1.65
Waterview Farms Apartments1x1 693sf1BR,1BA$1.42
Town & Country Apartments - Wixom, MIAres1BR,1BA$1.58
1630 N Pontiac Trl1 BD / 1 BA1BR,1BA$1.54
Stone Ridge ApartmentsVerbena1BR,1BA$1.66

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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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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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 $985 at Waterview Farms 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 $1,165 at Waterview Farms Apartments.

What is the most affordable Milford Three Bedroom Apartment?

The best deal on a cheap Milford Three Bedroom Apartment rental is at Ridge Valley Townhomes (Mill Ridge LLC) and starts from $2,100.

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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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.

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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.

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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.