Cheap Apartments for Rent in Milltown, IN from $300 (8 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Madison Apartments
2 Bedroom Apartments

Madison Apartments

2901-2975 W Madison StLouisville, KY 40211
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Downtown New Albany neighborhood priced from $378. 1743 Culbertson Ave in the Downtown New Albany neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Milltown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookview GlenStudioStudio,1BA$378
1743 Culbertson Ave1 Beds, 1 Baths1BR,1BA$750
Huntley Ridge New Albany1 Bedroom 1 Bathroom1BR,1BA$799

Best Value Apartments for Rent in Milltown, IN and Nearby

As of July 15, 2025 the best value apartment in the Milltown area is the $0.98 price per square foot 2BR/2.0BA Model at Lochwood Apartments in the in the Southern Indiana neighborhood starting from $1,465. The second greatest value Milltown apartment is the Villas of Heritage Springs Apartments Model at Heritage Springs Rentals starting at $1,200 with a $1.03 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.
Lochwood Apartments2BR/2.0BA2BR,2BA$0.98
Heritage Springs RentalsVillas of Heritage Springs Apartments2BR,2BA$1.03
Plaza Square Apartments2x12BR,1BA$1.00
Sheffield SquareOne Bedroom One Bath1BR,1BA$0.94
Riverport Landings Senior2B1B2BR,1BA$1.02
Kingsfield Luxury ApartmentsOne Bedroom1BR,1BA$0.94
High Park Apartments2 Bedroom2BR,1BA$0.96
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$1.02
Huntley Ridge New Albany1 Bedroom 1 Bathroom1BR,1BA$1.07
Brookview GlenStudioStudio ,1BA$0.95

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Milltown, IN Rentals by Map

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Getting Around Milltown, IN

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

9 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Milltown Apartments

What is the Cheapest Studio apartment in Milltown?

Currently the most affordable Cheap Studio Apartment in Milltown is at Brookview Glen listed at $378.

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

The lowest price for a Cheap One Bedroom Milltown Apartment is $549 at Brookview Glen.

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 $838 at High Park Apartments.

What is the most affordable Milltown Three Bedroom Apartment?

The best deal on a cheap Milltown Three Bedroom Apartment rental is at Heritage Springs Rentals and starts from $1,300.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.