Cheap Apartments for Rent in Milo, IA from $600 (48 Rentals)

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

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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South View Apartments
1 Bedroom Apartments

South View Apartments

4221 SE 13th StDes Moines, IA 50315
  • Utilities Included
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McKinley Apartments
1 to 3 Bedroom Apartments

McKinley Apartments

315 E McKinley AveDes Moines, IA 50315
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6920 SW 9th St
2 Bedroom Apartments

6920 SW 9th St

6920 SW 9th StDes Moines, IA 50315

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.

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Southridge Senior Lofts
1 to 2 Bedroom Apartments

Southridge Senior Lofts

695 E Army Post RdDes Moines, IA 50315
Senior Living
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Flats on 5th
1 to 2 Bedroom Apartments

Flats on 5th

7109 SE 5th StDes Moines, IA 50315
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The Meadows
2 to 4 Bedroom Apartments

The Meadows

7500 Meadowlands DrDes Moines, IA 50320
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Indianola Park 1
1 to 2 Bedroom Apartments

Indianola Park 1

902 N 14th StIndianola, IA 50125
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Williams Terrace
1 to 2 Bedroom Apartments

Williams Terrace

1603 N 9th StIndianola, IA 50125
Senior Living
Showing Results 1-48, Page 1 of 1

Milo, IA Local Guide

Cheapest Available Milo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milo, IA is a 1 Bed unit found at Valley Acres Apartments in the Southwest Des Moines neighborhood priced from $650. Next Level Apartments - Easton Village in the Easton Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Milo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$650
Next Level Apartments - Easton VillageA11BR,1BA$695
McKinley Apartments1BD/1BA1BR,1BA$699
Sunset ApartmentsStudio, 1 baStudio,1BA$725
The Ridges1 Bedroom1BR,1BA$740
Ivy IIElevated 1 bed/1 bath1BR,1BA$747
The Hampton Meadows1 Bedroom1BR,1BA$750
Carlisle Park Apartments1BR Ground1BR,1BA$750
Foxwood ApartmentsB22BR,1BA$795
Willow Bend1 Bedroom1BR,1BA$810

Best Value Apartments for Rent in Milo, IA and Nearby

As of April 28, 2026 the best value apartment in the Milo area is the $0.95 price per square foot 3 Bedroom Model at The Meadows in the in the Somerset neighborhood starting from $995. The second greatest value Milo apartment is the 2-Bedroom Model at Fort Des Moines starting at $975 with a $0.97 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Milo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Meadows3 Bedroom3BR,2BA$0.95
Fort Des Moines2-Bedroom2BR,2BA$0.97
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.93
Goldbriar Chateau2 Bedroom 1 Bathroom2BR,1BA$0.94
Evergreen Terrace2BR/1BA-Updated2BR,1BA$1.00
Linden East ApartmentsTwo Bed2BR,1BA$1.00
Foxwood ApartmentsB12BR,1BA$0.97
Dennis Park ApartmentsB12BR,1BA$1.04
McKinley Apartments1BD/1BA1BR,1BA$1.02
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.00

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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 Milo, IA Rentals by Map

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See the most popular apartments and homes in Milo, IA

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Frequently Asked Questions about Cheap Milo Apartments

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

The lowest price for a Cheap One Bedroom Milo Apartment is $650 at Valley Acres Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Milo is starting from $775 at Sunset Apartments.

What is the most affordable Milo Three Bedroom Apartment?

The best deal on a cheap Milo Three Bedroom Apartment rental is at The Meadows and starts from $995.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.