
Cheap Apartments for Rent near Milford, VA from $700 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Milford.


King William Manor Tax Credit 55+

627 Della St

Enoch George Manor- Independent Living

210 Milford St

Colonial Square Apartments

Ashland Towne Square

Misty Pines Apartments

Heights at Jackson Village, A 55+ Community
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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The Greens at Virginia Center

Legends at Virginia Center

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Vetra Southpoint

Ashland Crossing

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Orchard Ridge at Jackson Village

The Walker Virginia Center I & II

The Factory at Upper Spotsy

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Hanover Crossing

New Post Apartments
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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Signal at Medallion Park

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Merchants Square Residences

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Palmers Creek

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Charleston Ridge Apartments

Brittany Commons Apartments

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Acclaim at the Hill

Belmont at River Mill

MAA Cosner's Corner

Crossroads Station Apartments
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.

Silver Collection at Cosner's Corner

The Allure at Jefferson

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Charter Creek Apartments

Abberly at Southpoint Apartment Homes

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Lakeridge Square

The Links Condominiums

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The Kingson

Timber Ridge

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Maple Grove
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.

Ashland Woods

603 Henry St

37 Bayou Dr

10483 Georgetown Rd

10502 Guilderland Ct

231 Lake Caroline Dr

77 Lakeview Dr

106 Bonnie Dell Dr

18339 Democracy Ave
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.

26327 Hill Rd

12536 Ridge Rd
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 | $1,637 | $1,615 | $1,670 |
| Milford 1 Bedroom Apartments | $1,798 | $702 | $2,950 |
| Milford 2 Bedroom Apartments | $2,163 | $1,087 | $4,263 |
| Milford 3 Bedroom Apartments | $2,634 | $1,500 | $3,854 |
Browse Top Apartments in Milford
See all Apartments in MilfordExplore Milford
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 2 Beds unit found at Ashland Woods in the Hanover County neighborhood priced from $1,292. Colonial Square Apartments in the King William County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,375. Here is today’s list of the most affordable Milford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ashland Woods | 2 Bedroom 1.5 Bath Townhouse | 2BR,1BA | $1,292 |
| Colonial Square Apartments | 2 bedroom 1 Bath Deluxe | 2BR,1BA | $1,375 |
| Misty Pines Apartments | 1B 1B | 1BR,1BA | $1,386 |
| Heights at Jackson Village, A 55+ Community | 1 Bedroom (Income Guidelines) | 1BR,1BA | $1,399 |
| Enoch George Manor- Independent Living | 2 Bedroom Deluxe | 2BR,2BA | $1,430 |
| The Greens at Virginia Center | 2 Bedroom Garden | 2BR,2BA | $1,448 |
| Legends at Virginia Center | Greenwood | 1BR,1BA | $1,470 |
| Ashland Crossing | 1 Bedroom 1 Bath - 67811 | 1BR,1BA | $1,495 |
| Orchard Ridge at Jackson Village | 1 BEDROOM - 1B | 1BR,1BA | $1,499 |
| The Walker Virginia Center I & II | Belle Isle | 1BR,1BA | $1,540 |
Best Value Apartments for Rent in Milford, VA and Nearby
As of July 15, 2026 the best value apartment in the Milford area is the $1.61 price per square foot 2 Bedroom / 2 Bath - 1150sqft Model at The Links Condominiums in the starting from $1,850. The second greatest value Milford apartment is the 3BR Model at New Post Apartments starting at $1,849 with a $1.68 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. |
|---|---|---|---|
| The Links Condominiums | 2 Bedroom / 2 Bath - 1150sqft | 2BR,2BA | $1.61 |
| New Post Apartments | 3BR | 3BR,2BA | $1.68 |
| The Greens at Virginia Center | 2 Bedroom Garden | 2BR,2BA | $1.32 |
| Charter Creek Apartments | 2x2 992 | 2BR,2BA | $1.87 |
| Lakeridge Square | The Tahoe | 2BR,2BA | $1.84 |
| Hanover Crossing | Hickory | 2BR,1BA | $1.87 |
| Ashland Woods | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.44 |
| Enoch George Manor- Independent Living | 2 Bedroom Deluxe | 2BR,2BA | $1.65 |
| Colonial Square Apartments | 2 bedroom 1 Bath Deluxe | 2BR,1BA | $1.72 |
| Legends at Virginia Center | Greenwood | 1BR,1BA | $1.91 |
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 $1,386 at Misty Pines Apartments.
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 $1,292 at Ashland Woods.
What is the most affordable Milford Three Bedroom Apartment?
The best deal on a cheap Milford Three Bedroom Apartment rental is at Ashland Woods and starts from $1,457.
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

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.

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.

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.

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.