
Cheap Apartments for Rent near Milford, VA from $702 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Milford.


King William Manor Tax Credit 55+

Bedroom For Rent in Quiet Neighborhood

627 Della St

Enoch George Manor- Independent Living

Misty Pines Apartments

Colonial Square Apartments

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The Greens at Virginia Center

Heights at Jackson Village, A 55+ Community
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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Signal at Medallion Park

Ashland Crossing

Ashland Towne Square

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Orchard Ridge at Jackson Village

Vetra Southpoint

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Hanover Crossing

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Palmers Creek

Legends at Virginia Center

The Walker Virginia Center I & II
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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Charleston Ridge Apartments

The Links Condominiums

The Factory at Upper Spotsy

New Post Apartments

Brittany Commons Apartments

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Charter Creek Apartments

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Lakeridge Square

Belmont at River Mill

Crossroads Station Apartments
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.

Silver Collection at Cosner's Corner

Abberly at Southpoint Apartment Homes

MAA Cosner's Corner

The Allure at Jefferson

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Acclaim at the Hill

Timber Ridge

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Merchants Square Residences

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Maple Grove

Ashland Woods
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.

13260 Depot Rd

6501 Normans Bridge Rd

12294 Mt Rose Dr

170 Forest Grove Rd

78 Woodmount Dr

285 Devon Dr

4316 Massaponax Church Rd

267 Cedar Ridge Dr

8236 Camden Rd
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.
Milford, VA Local Guide

How much does it cost to rent an apartment in Milford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milford Studio Apartments | $1,651 | $1,615 | $1,812 |
| Milford 1 Bedroom Apartments | $1,796 | $702 | $3,093 |
| Milford 2 Bedroom Apartments | $2,200 | $1,087 | $5,329 |
| Milford 3 Bedroom Apartments | $2,562 | $1,536 | $3,934 |
Browse Top Apartments in Milford
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Milford, VA Local Guide
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Cheapest Available Milford Apartments for Rent and Nearby
 The cheapest available apartment rental in Milford, VA is a 1 Bed unit found at Bedroom For Rent in Quiet Neighborhood in the Hanover County neighborhood priced from $900. 627 Della St 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bedroom For Rent in Quiet Neighborhood | Bedroom for Rent | 1BR,1BA | $900 |
| 627 Della St | 1 bedroom basement | 1BR,1BA | $1,000 |
| Colonial Square Apartments | 2 bedroom 1 bath Standard | 2BR,1BA | $1,245 |
| The Greens at Virginia Center | 2 Bedroom Garden | 2BR,2BA | $1,448 |
| Enoch George Manor- Independent Living | 2 Bedroom Deluxe | 2BR,2BA | $1,450 |
| Signal at Medallion Park | Morse | 1BR,1BA | $1,455 |
| Ashland Crossing | 1 Bedroom 1 Bath - 84836 | 1BR,1BA | $1,495 |
| The Walker Virginia Center I & II | Belle Isle | 1BR,1BA | $1,495 |
| Vetra Southpoint | The Norwood | 1BR,1BA | $1,517 |
| Hanover Crossing | Magnolia | 2BR,1BA | $1,533 |
Best Value Apartments for Rent in Milford, VA and Nearby
As of August 31, 2026 the best value apartment in the Milford area is the $1.84 price per square foot 3x2 1182 Model at Charter Creek Apartments in the in the Hanover County neighborhood starting from $2,180. The second greatest value Milford apartment is the 2 Bedroom 1.5 Bath Townhome Model at Timber Ridge starting at $2,018 with a $1.75 price per square foot in the River Bend 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. |
|---|---|---|---|
| Charter Creek Apartments | 3x2 1182 | 3BR,2BA | $1.84 |
| Timber Ridge | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.75 |
| The Greens at Virginia Center | 2 Bedroom Garden | 2BR,2BA | $1.32 |
| Charleston Ridge Apartments | Greenville | 2BR,2BA | $1.81 |
| The Links Condominiums | 2 Bedroom 2 Bath - 80802 | 2BR,2BA | $1.77 |
| Lakeridge Square | The Tahoe | 2BR,2BA | $1.71 |
| Orchard Ridge at Jackson Village | 2 BEDROOM - 2C | 2BR,2BA | $1.75 |
| Enoch George Manor- Independent Living | 2 Bedroom Deluxe | 2BR,2BA | $1.67 |
| 627 Della St | 1 bedroom basement | 1BR,1BA | $1.25 |
| Colonial Square Apartments | 2 bedroom 1 Bath Deluxe | 2BR,1BA | $1.62 |
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 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, VA Rentals by Map
See the most popular apartments and homes in Milford, VA
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 Signal at Medallion Park listed at $1,615.
How much is rent for a Cheap One Bedroom Milford Apartment?
The lowest price for a Cheap One Bedroom Milford Apartment is $900 at Bedroom For Rent in Quiet Neighborhood.
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 $1,245 at Colonial Square Apartments.
What is the most affordable Milford Three Bedroom Apartment?
The best deal on a cheap Milford Three Bedroom Apartment rental is at The Greens at Virginia Center and starts from $1,663.
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.

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.

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.