Cheap Homes for Rent in Milmine, IL from $600 (7 Rentals)

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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.

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.

Milmine, IL Local Guide

Cheapest Available Milmine Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milmine, IL is a 1 Bed unit found at Westport Apartments priced from $484. Roosevelt School Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $502. Here is today’s list of the most affordable Milmine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westport ApartmentsOne Bedroom1BR,1BA$484
Roosevelt School ApartmentsStudioStudio,1BA$502
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR,1BA$507

Best Value Apartments for Rent in Milmine, IL and Nearby

As of June 11, 2026 the best value apartment in the Milmine area is the $1.19 price per square foot Juniper - No Garage Model at Middletown Place in the starting from $1,690. The second greatest value Milmine apartment is the 2 Bedroom Unit Model at Park Place starting at $1,405 with a $1.00 price per square foot . Here is today’s list of the best values for Milmine apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Middletown PlaceJuniper - No Garage2BR,2BA$1.19
Park Place2 Bedroom Unit2BR,2BA$1.00
Tuscany Ridge Townhomes3 Bedroom Townhome (Standard Unit)3BR,2.5BA$1.08
Decatur Flats3BR/1.5BA3BR,1.5BA$0.96
Stonegate VillageThe Sandstone - Unique2BR,1.5BA$1.24
Oakwood EstatesTwo Bedroom One Bath2BR,1BA$0.87
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR,1BA$0.60
2474 N Florian102BR,1.5BA$1.13
Westport ApartmentsOne Bedroom1BR,1BA$0.71
Stones CrossingVery nice and updated one bedroom for rent!!!!!1BR,1BA$1.16

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

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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!

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Frequently Asked Questions about Milmine

What type of rentals are currently available in Milmine?

There are currently 44 Apartments for Rent in Milmine, IL with pricing that ranges from $421 to $2,655. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milmine ranging from $695 to $3,850.

What is the current price range for Rental Homes in Milmine?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Milmine ranges from $695 to $3,850 with an average monthly rent of $2,470.

How much are larger Three and Four Bedroom Rentals in Milmine?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Milmine range from $641 to $2,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,469.

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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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.