
Cheap Homes for Rent near Milk River, AB from $1,100 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Milk River.


188 Lafayette Blvd W
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.

2305-2305 13 St N

65 Temple Blvd W
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.
Milk River, AB Local Guide
How much does it cost to rent a home in Milk River?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milk River 2 Bedroom Homes for Rent | $1,358 | $1,175 | $1,500 |
| Milk River 3 Bedroom Homes for Rent | $1,790 | $1,450 | $2,095 |
| Milk River 5 Bedroom Homes for Rent | $2,495 | $2,495 | $2,495 |
Browse Top Homes for Rent in Milk River
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Milk River, AB Local Guide
- Nearby Cities
Best Value Apartments for Rent in Milk River, AB and Nearby
As of July 25, 2026 the best value apartment in the Milk River area is the $1.45 price per square foot 3 bedroom Townhouse Model at Highland Park Townhomes in the starting from $1,550. The second greatest value Milk River apartment is the 2 Bedroom Model at Mainstreet University Townhomes starting at $1,350 with a $1.85 price per square foot . Here is today’s list of the best values for Milk River apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Highland Park Townhomes | 3 bedroom Townhouse | 3BR,1BA | $1.45 |
| Mainstreet University Townhomes | 2 Bedroom | 2BR,1BA | $1.85 |
| Dhillon Tower | 1 bedroom | 1BR,1BA | $2.11 |
| Westwood Apartments | - Bachelor | Studio ,1BA | $2.10 |
| Berkeley Square | - 1 Bedroom | 1BR,1BA | $2.55 |
| Flamborough Garden | - 1 Bedroom | 1BR,1BA | $2.42 |
| Palm Road Apartments | - Bachelor | Studio ,1BA | $2.76 |
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.
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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 Milk River, AB
Frequently Asked Questions about Milk River
What type of rentals are currently available in Milk River?
There are currently 19 Apartments for Rent in Milk River, AB with pricing that ranges from $875 to $1,850. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milk River ranging from $1,175 to $2,495.
What is the current price range for Rental Homes in Milk River?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Milk River ranges from $1,175 to $2,495 with an average monthly rent of $1,881.
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.

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.