Cheap Apartments for Rent near Millersburg, IA from $395 (47 Rentals)

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

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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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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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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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

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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Penn Street Place
1 to 2 Bedroom Apartments

Penn Street Place

755 Community DrNorth Liberty, IA 52317
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Autumn Ridge
1 to 3 Bedroom Apartments

Autumn Ridge

420-423 5th StCoralville, IA 52241
  • Utilities Included
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River Ridge Place
Studio to 1 Bedroom Apartments

River Ridge Place

199 6th StCoralville, IA 52241
  • Utilities Included

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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1735 N Jones Blvd
2 Bedroom Apartments

1735 N Jones Blvd

1735 N Jones BlvdNorth Liberty, IA 52317
property at 341 Samoa Dr
$1,600
1 Bedroom, 1 Bath Condo for Rent
Available Now

341 Samoa Dr

Iowa CityIA52246
Showing Results 1-47, Page 1 of 1

Millersburg, IA Local Guide

Cheapest Available Millersburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Millersburg, IA is a 2 Beds unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $470. Lakewood Hills Apartments in the Old Mill Creek neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Millersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserves at South Lake2B1B2BR, 1BA$470
Lakewood Hills ApartmentsStudioStudio, 1BA$800
Spaulding LoftsA5 - Income Restricted1BR, 1BA$800
Aspire at West Campus2x2 Herky - Unfurnished2BR, 2BA$836
Knollridge Garden Apartments2 Bedroom2BR, 1BA$975
808 on 5thStudioStudio, 1BA$995
Willow Ridge Apartments2 Beds, 1 bath2BR, 1BA$1,200
Walden Ridge3BR/2.0BA3BR, 2BA$1,690

Best Value Apartments for Rent in Millersburg, IA and Nearby

As of September 22, 2026 the best value apartment in the Millersburg area is the $1.22 price per square foot 3BR/2.0BA Model at Walden Ridge in the Westgate neighborhood starting from $1,690. The second greatest value Millersburg apartment is the 2B1B Model at The Reserves at South Lake in the East Gate Estates neighborhood starting at $470 with a $0.59 price per square foot. 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.
Walden Ridge3BR/2.0BA3BR, 2BA$1.22
The Reserves at South Lake2B1B2BR, 1BA$0.59
Knollridge Garden Apartments2 Bedroom2BR, 1BA$1.22
Spaulding LoftsA51BR, 1BA$1.33
808 on 5th424 S1BR, 1BA$1.75
Aspire at West Campus1x1 Kinnick - Unfurnished1BR, 1BA$2.50
Lakewood Hills ApartmentsStudio GoldStudio, 1BA$2.68

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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 $800 at Spaulding Lofts.

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 $470 at The Reserves at South Lake.

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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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.