Cheap Apartments for Rent in Millersburg, IA from $300 (50 Rentals)

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

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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280 S Chestnut St
2 Bedroom Apartments

280 S Chestnut St

280 S Chestnut StNorth Liberty, IA 52317

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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2870 Coral Ct
2 Bedroom Apartments

2870 Coral Ct

2870 Coral CtCoralville, IA 52241
  • Utilities Included
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Western Hills
Studio to 4 Bedroom Apartments

Western Hills

3701 2nd StCoralville, IA 52241
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Autumn Ridge
1 to 3 Bedroom Apartments

Autumn Ridge

420-423 5th StCoralville, IA 52241
  • Utilities Included

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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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.

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Millersburg, IA Local Guide

Cheapest Available Millersburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Millersburg, IA is a Studio unit found at Lakewood Hills Apartments in the Old Mill Creek neighborhood priced from $695. Aspire at West Campus in the Coralview Heights neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $812. Here is today’s list of the most affordable Millersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakewood Hills ApartmentsStudioStudio,1BA$695
Aspire at West Campus2x2 Herky - Unfurnished2BR,2BA$812
Seville1 BR - Sublet1BR,1BA$905
808 on 5thStudioStudio,1BA$995
1453-1458 Eastview Dr1455 Eastview2BR,1BA$1,100
The BalticStyle D2Studio,1BA$1,195
Willow Ridge Apartments2 Beds, 1 bath2BR,1BA$1,200
926 Harlocke St (IC)2 BR/1 BA2BR,1BA$1,250
Penn Street Place2 Bedroom2BR,2BA$1,500
1735 N Jones BlvdLayout 2A2BR,2BA$1,595

Best Value Apartments for Rent in Millersburg, IA and Nearby

As of June 22, 2026 the best value apartment in the Millersburg area is the $1.44 price per square foot 2 Bedroom Style B1 Model at Aster Village in the in the Old Mill Creek neighborhood starting from $1,725. The second greatest value Millersburg apartment is the 1455 Eastview Model at 1453-1458 Eastview Dr starting at $1,100 with a $1.08 price per square foot in the Coralview Heights neighborhood. Here is today’s list of the best values for Millersburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aster Village2 Bedroom Style B12BR,2BA$1.44
1453-1458 Eastview Dr1455 Eastview2BR,1.5BA$1.08
926 Harlocke St (IC)2 BR/1 BA2BR,1BA$1.25
Penn Street PlaceCorner Windows2BR,2BA$1.80
1735 N Jones BlvdLayout 2A2BR,2BA$1.72
Seville1 BR - Sublet1BR,1BA$1.34
808 on 5th424 S1BR,1BA$1.75
The BalticStyle D2Studio ,1BA$1.86
Aspire at West Campus1x1 Kinnick - Furnished1BR,1BA$2.55
Lakewood Hills ApartmentsStudio GoldStudio ,1BA$2.45

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 Millersburg, IA Rentals by Map

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See the most popular apartments and homes in Millersburg, IA

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Frequently Asked Questions about Cheap Millersburg Apartments

What is the Cheapest Studio apartment in Millersburg?

Currently the most affordable Cheap Studio Apartment in Millersburg is at Lakewood Hills Apartments listed at $695.

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

The lowest price for a Cheap One Bedroom Millersburg Apartment is $845 at Lakewood Hills Apartments.

What is the lowest price for a Cheap Two Bedroom Millersburg Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Millersburg is starting from $812 at Aspire at West Campus.

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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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.