
Cheap Homes for Rent in Milford, VA from $1,500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Milford.


9405 Inaugural Dr

9401 Inaugural Dr

578 Shorewood Dr

17212 Doggetts Fork Rd

9366 Kings Hwy
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.

43 Lake Dr

17256 Library Blvd

23039 Sir Barton Ct

6501 Normans Bridge Rd

100 Hessian Dr

10421 Westgate Ct
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.
Milford, VA 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 | $2,033 | $1,500 | $2,900 |
| Milford 3 Bedroom Homes for Rent | $2,058 | $1,650 | $2,700 |
| Milford 4 Bedroom Homes for Rent | $2,551 | $1,850 | $3,000 |
Browse Top Homes for Rent 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 2 Beds unit found at King William Manor Tax Credit 55+ priced from $728. New Post Apartments in the River Bend neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,041. Here is today’s list of the most affordable Milford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| King William Manor Tax Credit 55+ | 2 Bedroom | 2BR,2BA | $728 |
| New Post Apartments | 1BR | 1BR,1BA | $1,041 |
| Large Walkout Basement Apartment w/ Pool | Basement | 1BR,1BA | $1,100 |
| Heights at Jackson Village, A 55+ Community | 1 Bedroom (Income Guidelines) | 1BR,1BA | $1,200 |
| Misty Pines Apartments | 2B 1.5 BA | 2BR,1BA | $1,304 |
Best Value Apartments for Rent in Milford, VA and Nearby
As of December 01, 2025 the best value apartment in the Milford area is the $0.92 price per square foot Basement Model at Large Walkout Basement Apartment w/ Pool in the starting from $1,100. The second greatest value Milford apartment is the 2 Bedroom 1.5 Bath Townhome Model at Timber Ridge starting at $1,850 with a $1.60 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. |
|---|---|---|---|
| Large Walkout Basement Apartment w/ Pool | Basement | 1BR,1BA | $0.92 |
| Timber Ridge | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.60 |
| New Post Apartments | 3BR | 3BR,2BA | $1.65 |
| The Greens at Virginia Center | 2 Bedroom Garden | 2BR,2BA | $1.32 |
| Lakeridge Square | The Powell | 2BR,2BA | $1.58 |
| Ashland Crossing | 2BR/1.0BA | 2BR,1BA | $1.64 |
| Misty Pines Apartments | 2B 1.5 BA | 2BR,1.5BA | $1.36 |
| Hanover Crossing | Maple | 2BR,2BA | $1.85 |
| Brittany Commons Apartments | 1 Bedroom with Sunroom or Patio Brixton | 1BR,1BA | $1.77 |
| King William Manor Tax Credit 55+ | 2 Bedroom | 2BR,2BA | $0.85 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Milford, VA
Frequently Asked Questions about Milford
What type of rentals are currently available in Milford?
There are currently 45 Apartments for Rent in Milford, VA with pricing that ranges from $670 to $5,050. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milford ranging from $1,500 to $3,000.
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 $1,500 to $3,000 with an average monthly rent of $2,214.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.