Cheap Apartments for Rent near Milltown, IN from $420 (68 Rentals)

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

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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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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1737 Culbertson Ave
1 Bedroom Apartments

1737 Culbertson Ave

1737 Culbertson AveNew Albany, IN 47150
  • Utilities Included
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Madison Apartments
2 to 3 Bedroom Apartments

Madison Apartments

2901-2975 W Madison StLouisville, KY 40211
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6500 & 6506 Hackel Dr
2 Bedroom Apartments

6500 & 6506 Hackel Dr

6506 Hackel DrLouisville, KY 40258
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3404 Shagbark Rd
2 Bedroom Apartments

3404 Shagbark Rd

3404 Shagbark RdLouisville, KY 40216
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West Baden Lofts
2 to 3 Bedroom Apartments

West Baden Lofts

942 N Main StWest Baden Springs, IN 47469
  • 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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Showing Results 1-50, Page 1 of 2

Milltown, IN Local Guide

Cheapest Available Milltown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milltown, IN is a Studio unit found at Brookview Glen in the New Albany neighborhood priced from $719. Broadleaf Arms in the Cloverleaf neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Milltown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookview GlenStudioStudio, 1BA$719
Broadleaf ArmsOne Bedroom One Bathroom1BR, 1BA$749
Laurel at the Woodlands1 Bed 1 Bath1BR, 1BA$828
The Monroe1 Bedroom and 1 Bathroom1BR, 1BA$849
Knobs Pointe Apartments2 Bedroom 2 Bath A2BR, 2BA$859
Paddocks at Ridge Park2.12BR, 1BA$900
701-709 Etzler Dr2 Bedroom2BR, 1BA$900
Spring Manor Apartments2BR/1.0BA2BR, 1BA$920
High Park Apartments2 Bedroom2BR, 1BA$924
Bayshore TownhomesThe Luna - Cozy One Bedroom Townhome1BR, 1BA$958

Best Value Apartments for Rent in Milltown, IN and Nearby

As of September 22, 2026 the best value apartment in the Milltown area is the $0.89 price per square foot 3 Bedroom 2 Bath Model at Knobs Pointe Apartments in the New Albany neighborhood starting from $1,425. The second greatest value Milltown apartment is the Villas of Heritage Springs Townhomes Model at Heritage Springs Rentals starting at $1,150 with a $1.00 price per square foot. Here is today’s list of the best values for Milltown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Knobs Pointe Apartments3 Bedroom 2 Bath3BR, 2BA$0.89
Heritage Springs RentalsVillas of Heritage Springs Townhomes3BR, 1.5BA$1.00
Whispering Woods I3.23BR, 2BA$0.94
Huntley Ridge New AlbanyWillow2BR, 1BA$0.96
Plaza Square Apartments2x12BR, 1BA$1.00
Valley RidgeTwo Bedroom Townhome2BR, 1BA$1.05
701-709 Etzler Dr2 Bedroom2BR, 1BA$1.00
High Park Apartments2 Bedroom2BR, 1BA$1.06
Paddocks at Ridge Park2.12BR, 1BA$1.06
Broadleaf ArmsOne Bedroom One Bathroom1BR, 1BA$0.94

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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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 Milltown, IN Rentals by Map

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See the most popular apartments and homes in Milltown, IN

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Frequently Asked Questions about Cheap Milltown Apartments

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

The lowest price for a Cheap One Bedroom Milltown Apartment is $749 at Broadleaf Arms.

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

Today's best deal for a Cheap Two Bedroom Apartment in Milltown is starting from $859 at Knobs Pointe Apartments.

What is the most affordable Milltown Three Bedroom Apartment?

The best deal on a cheap Milltown Three Bedroom Apartment rental is at Whispering Woods I and starts from $1,015.

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.