Cheap Homes for Rent in Milford, MI from $1,000 (15 Rentals)

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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.

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.

Milford, MI Local Guide

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
Waterview Farms Apartments1x1 693sf1BR,1BA$985
The Village ApartmentsPrimrose1BR,1BA$986
1630 N. Pontiac Trail1 BD / 1 BA1BR,1BA$1,000

Best Value Apartments for Rent in Milford, MI and Nearby

As of January 22, 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 $1,949 with a $1.51 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$1.51
Briarcliff VillageThe Arlington2BR,2BA$1.52
Pine Ridge ApartmentsRanch2BR,2BA$1.33
Pendleton Park ApartmentsWindsor1BR,1BA$1.52
Kensington Park Apartments2 Bedroom 1 Bath2BR,1BA$1.28
Lakeshore Hilltop ApartmentsLakeview - 1 Bedroom1BR,1BA$1.55
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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Quick Rent Budget Calculator

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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 Milford

What type of rentals are currently available in Milford?

There are currently 56 Apartments for Rent in Milford, MI with pricing that ranges from $916 to $3,249. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milford ranging from $1,000 to $4,500.

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 $1,000 to $4,500 with an average monthly rent of $2,504.

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.