
Cheap Apartments for Rent in Milo, ME from $600 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Milo.


Mountain View Apartments

Total Monthly Price
Edgewater Village

Hathaway Creative Center

Bradford Commons

Appleton Apartments

30 Park Dr, Unit Dockside
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.

88 Main Rd, Unit 6

Mayo Mill

25 Austin Dr

Summerhaven Apartments

18 Penobscot St

37 Pheasant Hill Trailer Park, Unit 5

30 Exeter Rd, Unit 2
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.

101 Front St, Unit 1

2 Pine St, Unit B

Orchard Park Apartments

Cedarwoods Apartments

Stillwater Village Apartments

51 Bosworth St, Unit 4

62 Main St
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.

347 Ridge Road

6-8 Union St

81 Sweet Fern Dr

51 Glenwood Dr

23 Clinton Ave

1343 Ohio St

6 Osborne St
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.

1337 Hammond St
Milo, ME Local Guide

How much does it cost to rent an apartment in Milo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milo Studio Apartments | $1,245 | $1,000 | $1,650 |
| Milo 1 Bedroom Apartments | $1,381 | $850 | $2,550 |
| Milo 2 Bedroom Apartments | $1,652 | $985 | $2,750 |
| Milo 3 Bedroom Apartments | $1,789 | $875 | $2,750 |
| Milo 4 Bedroom Apartments | $1,574 | $654 | $2,500 |
Browse Top Apartments in Milo
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Milo, ME Local Guide
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Cheapest Available Milo Apartments for Rent and Nearby
 The cheapest available apartment rental in Milo, ME is a 1 Bed unit found at 85 Bancroft Rd priced from $700. Mountain View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Milo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 85 Bancroft Rd | 1 | 1BR,1BA | $700 |
| Mountain View Apartments | 1x1 | 1BR,1BA | $850 |
| Edgewater Village | 1x1 | 1BR,1BA | $851 |
| Appleton Apartments | Studio | Studio,1BA | $1,050 |
| Mayo Mill | 2BR | 2BR,2BA | $1,122 |
| 25 Austin Dr | 60 Ft | 2BR,1BA | $1,145 |
| 23 Clinton Ave | 1 Bedroom | 1BR,1BA | $1,250 |
| Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1,325 |
| Cedarwoods Apartments | 2 Bedroom (units 9-64) | 2BR,1BA | $1,350 |
| 33 State | Studio | Studio,1BA | $1,650 |
Best Value Apartments for Rent in Milo, ME and Nearby
As of April 14, 2026 the best value apartment in the Milo area is the $1.15 price per square foot Renovated with Private Patio Model at The Block in the starting from $1,730. The second greatest value Milo apartment is the 3 Bedroom, 3 Bath Model at The Reserve at Orono starting at $769 with a $0.64 price per square foot . Here is today’s list of the best values for Milo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Block | Renovated with Private Patio | 2BR,1BA | $1.15 |
| The Reserve at Orono | 3 Bedroom, 3 Bath | 3BR,3BA | $0.64 |
| Alfond Village | 2 Bedroom | 2BR,1.5BA | $1.44 |
| Orchard Trails | 4x2 | 4BR,2BA | $0.58 |
| Old County Estates | Apartment | 2BR,1.5BA | $1.54 |
| Mayo Mill | 2BR | 2BR,2BA | $1.06 |
| 85 Bancroft Rd | 2 bedroom | 2BR,1BA | $1.41 |
| 25 Austin Dr | 60 Ft | 2BR,1BA | $1.35 |
| Cedarwoods Apartments | 2 Bedroom (units 9-64) | 2BR,1BA | $1.73 |
| Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1.89 |
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.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Milo, ME Rentals by Map
See the most popular apartments and homes in Milo, ME
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 $700 at 85 Bancroft Rd.
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 $1,025 at Mountain View Apartments.
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

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.

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.

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.

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.