
Cheap Apartments for Rent in Milroy, IN from $300 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Milroy.


The Annex of Columbus

The Crossings

Village In The Woods

Academy Place Apartments

Beckford Place

Oakmont Apartments
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.

Grand Avenue Commons

403 E Washington St

Bloomfield Apartments

Historic Greensburg - 55+ Senior Living

116.5 Montgomery St

316 E Franklin St

129 W Hendricks 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.

202 E Taylor St

106 W Broadway St

617 W Franklin St

424 S Pike St

632 S State St

229 W Pennsylvania St

48 E Mechanic St
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.

217 N Hamilton St
Milroy, IN Local Guide

How much does it cost to rent an apartment in Milroy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milroy Studio Apartments | $673 | $595 | $1,250 |
| Milroy 1 Bedroom Apartments | $976 | $625 | $1,661 |
| Milroy 2 Bedroom Apartments | $1,226 | $730 | $2,249 |
| Milroy 3 Bedroom Apartments | $1,448 | $975 | $2,200 |
| Milroy 4 Bedroom Apartments | $1,224 | $485 | $1,600 |
Browse Top Apartments in Milroy
See all Apartments in MilroyExplore Milroy
Milroy, IN Local Guide
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Cheapest Available Milroy Apartments for Rent and Nearby
 The cheapest available apartment rental in Milroy, IN is a 1 Bed unit found at LINCOLN PARK APARTMENTS priced from $470. The Annex of Columbus has the second lowest priced unit, which is a 4 Beds apartment currently listed from $485. Here is today’s list of the most affordable Milroy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| LINCOLN PARK APARTMENTS | One Bedroom One Bathroom | 1BR,1BA | $470 |
| The Annex of Columbus | 4 Bed 2 Bath | 4BR,2BA | $485 |
| The Crossings | Studio | Studio,1BA | $595 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $675 |
| Beckford Place | Studio | Studio,1BA | $699 |
Best Value Apartments for Rent in Milroy, IN and Nearby
As of December 11, 2025 the best value apartment in the Milroy area is the $1.18 price per square foot L3 Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $1,899. The second greatest value Milroy apartment is the 2 Bed 1.5 Bath Model at Knightstown Villas starting at $975 with a $0.93 price per square foot . Here is today’s list of the best values for Milroy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Links at Franklin | L3 | 3BR,2BA | $1.18 |
| Knightstown Villas | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.93 |
| Townhomes at 28th | Two Bedroom One Bath | 2BR,1BA | $1.10 |
| The Annex of Columbus | 4 Bed 2 Bath | 4BR,2BA | $0.48 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| Williamsburg Way | The Richmond | 2BR,1BA | $1.07 |
| LINCOLN PARK APARTMENTS | Two Bedrooms One Bathroom | 2BR,1BA | $0.89 |
| Academy Place Apartments | 2 BR 2 Bath | 2BR,1BA | $0.94 |
| Washington Village Apartments | The Colonial | 1BR,1BA | $1.24 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $1.01 |
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.
Read ArticleThe 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.
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 Milroy, IN Rentals by Map
See the most popular apartments and homes in Milroy, IN
Getting Around Milroy, IN
Walk Score®
4 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
25 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Milroy Apartments
What is the Cheapest Studio apartment in Milroy?
Currently the most affordable Cheap Studio Apartment in Milroy is at The Crossings listed at $595.
How much is rent for a Cheap One Bedroom Milroy Apartment?
The lowest price for a Cheap One Bedroom Milroy Apartment is $470 at LINCOLN PARK APARTMENTS.
What is the lowest price for a Cheap Two Bedroom Milroy Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Milroy is starting from $780 at LINCOLN PARK APARTMENTS.
What is the most affordable Milroy Three Bedroom Apartment?
The best deal on a cheap Milroy Three Bedroom Apartment rental is at Jamestown Village and starts from $1,214.
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

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.

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.
