Cheap Apartments for Rent in Milo, IA from $600 (39 Rentals)

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

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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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Southridge Senior Lofts
1 to 2 Bedroom Apartments

Southridge Senior Lofts

695 E Army Post RdDes Moines, IA 50315
Senior Living
  • Utilities Included
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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

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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BNL Investments
2 Bedroom Apartments

BNL Investments

5201 S Union StDes Moines, IA 50315
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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. 1833 Curtis Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. 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
1833 Curtis Ave1 BR/ 1 BA1BR,1BA$700
Foxwood ApartmentsA21BR,1BA$703
Next Level Apartments - Easton VillageB12BR,1BA$725
Sunset ApartmentsStudio, 1 baStudio,1BA$725
The Ridges1 Bedroom1BR,1BA$740
East Park ApartmentsOne Bedroom2BR,1BA$750
The Hampton Meadows1 Bedroom1BR,1BA$750
McKinley Apartments2BD/2BA2BR,2BA$785
The Oaks2BR/1.0BA2BR,1BA$789

Best Value Apartments for Rent in Milo, IA and Nearby

As of March 14, 2026 the best value apartment in the Milo area is the $1.00 price per square foot 3 Beds, 2 baths Model at Sunset Terrace in the in the Easton Park neighborhood starting from $1,220. The second greatest value Milo apartment is the 3 Bedroom Model at The Meadows starting at $995 with a $0.95 price per square foot in the Somerset 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.
Sunset Terrace3 Beds, 2 baths3BR,2BA$1.00
The Meadows3 Bedroom3BR,2BA$0.95
Fort Des Moines2-Bedroom2BR,2BA$0.97
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.89
Evergreen Terrace2BR/1BA-Updated2BR,1BA$1.00
The Oaks2/1 Rennovated2BR,1BA$0.93
McKinley Apartments2BD/1.5BA2BR,2BA$0.89
Woodside Park Apartments2 Bed A2BR,1BA$0.99
Next Level Apartments - Easton VillageB12BR,1BA$0.91
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.00

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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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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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 $725 at Next Level Apartments - Easton Village.

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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.