
Cheap Homes for Rent in Milford, MI from $1,049 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Milford.


166 Birch

147 Beech

89 Elm

2044 White Ave
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.

162 Summit View Ct

61210 Greenwood Dr

4253 Deems St

1435 N Milford Rd

2128 N Sheeran Dr
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.

1814 Davis

153 Beech

2103 N Sheeran Dr

61960 Arlington 116 3

10130 Ridge Run St
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.

44737 Gwinnett Loop
Milford, MI Local Guide

How much does it cost to rent a home in Milford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milford 2 Bedroom Homes for Rent | $1,950 | $1,049 | $5,500 |
| Milford 3 Bedroom Homes for Rent | $2,406 | $1,229 | $4,300 |
| Milford 4 Bedroom Homes for Rent | $4,075 | $2,600 | $5,950 |
| Milford 5 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
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Milford, MI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1630 N Pontiac Trl | 1 BD / 1 BA | 1BR,1BA | $1,000 |
| The Springs Apartment Homes | Verbena | 1BR,1BA | $1,065 |
| Bristol Square and Golden Gate Apartments | Mina at Golden Gate | 1BR,1BA | $1,138 |
| Lakeshore Hilltop Apartments | Lakeview - 1 Bedroom | 1BR,1BA | $1,165 |
| Westgate VI | 201 - 2 Bdrm, 1 Bath | 2BR,1BA | $1,235 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Encore at Lake Forest Trail | 3B | 3BR,2.5BA | $1.60 |
| Ridge Valley Townhomes (Mill Ridge LLC) | Ridge Valley Townhomes | Three Bed | Two and a ... | 3BR,2.5BA | $1.50 |
| Redwood Hartland | Haydenwood | 2BR,2BA | $1.64 |
| Redwood Commerce Township | Forestwood | 2BR,2BA | $1.54 |
| Pendleton Park Apartments | Brentwood | 2BR,2BA | $1.52 |
| Town & Country Apartments - Wixom, MI | Athena II | 2BR,1BA | $1.54 |
| Stone Ridge Apartments | Constantia | 2BR,1BA | $1.61 |
| Lakeshore Hilltop Apartments | Lakeview - 1 Bedroom | 1BR,1BA | $1.55 |
| Westgate VI | 101 - 1 Bdrm, 1 Bath | 1BR,1BA | $1.53 |
| 1630 N Pontiac Trl | 1 BD / 1 BA | 1BR,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.
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, MI Rentals by Map
See the most popular apartments and homes in Milford, MI
Frequently Asked Questions about Milford
What type of rentals are currently available in Milford?
There are currently 58 Apartments for Rent in Milford, MI with pricing that ranges from $880 to $3,350. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milford ranging from $1,049 to $5,950.
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 $1,049 to $5,950 with an average monthly rent of $2,454.
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.