Cheap Apartments for Rent in Milford, NE from $500 (43 Rentals)

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

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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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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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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1612 F Street
Studio to 2 Bedroom Apartments

1612 F Street

1612 F StLincoln, NE 68508
  • Utilities Included
property at 1111 E St

$650

Studio To 1 Bedroom Rentals

Available Now

1111 E St

LincolnNE68508

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.

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1522 D St
1 Bedroom Apartments

1522 D St

1522 D StLincoln, NE 68502
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Lakeview Park
Studio to 3 Bedroom Apartments

Lakeview Park

510 Surfside DrLincoln, NE 68528
Corporate Housing
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WC Shinn Lofts
1 to 2 Bedroom Apartments

WC Shinn Lofts

126 N 16th StLincoln, NE 68508
  • 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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LINQ Portfolio
2 Bedroom Apartments

LINQ Portfolio

535 W Saunders AveLincoln, NE 68521
  • Utilities Included
Showing Results 1-43, Page 1 of 1

Milford, NE Local Guide

Cheapest Available Milford Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milford, NE is a 1 Bed unit found at Capitol View Tower Apartments - Seniors 62+ in the Haymarket neighborhood priced from $250. 648 S 12th - 12H Apartments in the Haymarket neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$250
648 S 12th - 12H Apartments0BR/1.0BAStudio,1BA$650
640 S 12th - 12H Apartments0BR/1.0BAStudio,1BA$650
LivRedD2 - 4x44BR,4BA$685
Arapahoe VillageOne Bedroom1BR,1BA$700
Salt Valley View ApartmentsOne Bedroom1BR,1BA$750
1522 D St1 Beds, 1 Baths1BR,1BA$795
Crete Senior Villas2 Bed 1 Bath2BR,1BA$800
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$820
Century HouseLarge Remodel StudioStudio,1BA$825

Best Value Apartments for Rent in Milford, NE and Nearby

As of July 04, 2026 the best value apartment in the Milford area is the $0.46 price per square foot D1 - 4x4 Model at The Quarters Lincoln in the in the Highlands neighborhood starting from $615. The second greatest value Milford apartment is the 3 Bedroom, 1 Bathroom - 1259 SF Model at Marshall Apartments starting at $1,365 with a $1.08 price per square foot in the West A neighborhood. 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.
The Quarters LincolnD1 - 4x44BR,4BA$0.46
Marshall Apartments3 Bedroom, 1 Bathroom - 1259 SF3BR,1BA$1.08
LivRedD2 - 4x44BR,4BA$0.55
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
Meadow WoodB2 - Ash2BR,1BA$1.08
Crete Senior Villas2 Bed 1 Bath2BR,1BA$0.87
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$1.15
Salt Valley View ApartmentsOne Bedroom1BR,1BA$1.15
Arapahoe VillageOne Bedroom1BR,1BA$1.09
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$0.43

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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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Milford, NE Rentals by Map

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Frequently Asked Questions about Cheap Milford Apartments

What is the Cheapest Studio apartment in Milford?

Currently the most affordable Cheap Studio Apartment in Milford is at 648 S 12th - 12H Apartments listed at $650.

How much is rent for a Cheap One Bedroom Milford Apartment?

The lowest price for a Cheap One Bedroom Milford Apartment is $250 at Capitol View Tower Apartments - Seniors 62+.

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 $800 at Crete Senior Villas.

What is the most affordable Milford Three Bedroom Apartment?

The best deal on a cheap Milford Three Bedroom Apartment rental is at Union at Middle Creek and starts from $1,349.

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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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.