Cheap Homes for Rent in Milford, MI from $1,300 (9 Rentals)

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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.

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.

Milford, MI Local Guide

Cheapest Neighborhoods for Apartments in Milford, MI

Pricing Updated: 07/31/2026

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

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 $2,017 with a $1.56 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$1.56
Briarcliff VillageThe Phoenix2BR,2BA$1.43
Town & Country Apartments - Wixom, MIAthena II2BR,1BA$1.54
Kensington Park Apartments2 Bedroom 1 Bath2BR,1BA$1.57
Lakeshore Hilltop ApartmentsLakeview - 1 Bedroom1BR,1BA$1.55
Westgate VI101 - 1 Bdrm, 1 Bath1BR,1BA$1.53
Waterview Farms Apartments1x1 693sf1BR,1BA$1.42
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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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 $912 to $3,268. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milford ranging from $1,300 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 $1,300 to $5,950 with an average monthly rent of $2,723.

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.