
Cheap Homes for Rent in Milltown, IN from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Milltown.


4018 Vermont Ave

341 N 42nd St

4501 Sunset Ave

4435 Parker Ave

4313 Hale Ave

102 S 43rd St
Milltown, IN Local Guide

How much does it cost to rent a home in Milltown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milltown 2 Bedroom Homes for Rent | $1,199 | $799 | $2,500 |
| Milltown 3 Bedroom Homes for Rent | $1,559 | $1,225 | $2,000 |
| Milltown 4 Bedroom Homes for Rent | $1,754 | $1,195 | $2,135 |
| Milltown 5 Bedroom Homes for Rent | $1,549 | $1,549 | $1,549 |
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Milltown, IN Local Guide
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Cheapest Available Milltown Apartments for Rent and Nearby
 The cheapest available apartment rental in Milltown, IN is a 1 Bed unit found at Broadleaf Arms in the Cloverleaf neighborhood priced from $759. Stone Creek Apartments I & II in the Southern Indiana neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Milltown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $759 |
| Stone Creek Apartments I & II | 1 Bed 1 Bath | 1BR,1BA | $775 |
| Brookview Glen | One Bedroom | 1BR,1BA | $799 |
Best Value Apartments for Rent in Milltown, IN and Nearby
As of October 26, 2025 the best value apartment in the Milltown area is the $0.91 price per square foot 2BR/2.0BA Model at Lochwood Apartments in the in the Southern Indiana neighborhood starting from $1,365. The second greatest value Milltown apartment is the 2 Bedroom, 2 Bathroom Model at Hunters Run starting at $1,045 with a $0.90 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for Milltown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lochwood Apartments | 2BR/2.0BA | 2BR,2BA | $0.91 |
| Hunters Run | 2 Bedroom, 2 Bathroom | 2BR,2BA | $0.90 |
| Sheffield Square | Two Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.08 |
| Huntley Ridge New Albany | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.94 |
| Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
| High Peaks | 2 bedroom | 2BR,1BA | $0.98 |
| Riverport Landings Senior | 2B1B | 2BR,1BA | $1.02 |
| West Baden Lofts | 2 bedroom | 2BR,2BA | $0.95 |
| Kingsfield Luxury Apartments | One Bedroom | 1BR,1BA | $0.94 |
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $0.95 |
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Frequently Asked Questions about Milltown
What type of rentals are currently available in Milltown?
There are currently 49 Apartments for Rent in Milltown, IN with pricing that ranges from $699 to $1,842. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milltown ranging from $699 to $2,500.
What is the current price range for Rental Homes in Milltown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Milltown ranges from $699 to $2,500 with an average monthly rent of $1,352.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.