Cheap Apartments for Rent in Milroy, IN from $300 (11 Rentals)

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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.

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.

Milroy, IN Local Guide

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 $484. Here is today’s list of the most affordable Milroy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
LINCOLN PARK APARTMENTSOne Bedroom One Bathroom1BR,1BA$470
The Annex of Columbus4 Bed 2 Bath4BR,2BA$484
The CrossingsStudioStudio,1BA$595
Academy Place Apartments1 BR 1 Bath1BR,1BA$675
Beckford PlaceStudioStudio,1BA$699

Best Value Apartments for Rent in Milroy, IN and Nearby

As of January 25, 2026 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 E1r Model at Brixin Franklin starting at $1,699 with a $1.16 price per square foot in the Cityview Farm neighborhood. Here is today’s list of the best values for Milroy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Links at FranklinL33BR,2BA$1.18
Brixin FranklinE1r4BR,2BA$1.16
Arbor at Water's Edge4BR Downstairs4BR,2BA$1.20
Townhomes at 28thThree Bedroom One Bath Large3BR,1BA$1.01
Village In The WoodsTownhouse2BR,1.5BA$1.13
Knightstown Villas3 Bed 2 Bath3BR,2BA$1.12
The Annex of Columbus4 Bed 2 Bath4BR,2BA$0.48
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Academy Place Apartments2 BR 2 Bath2BR,1BA$0.94
Grand Avenue Commons1 Bed, 1 bath1BR,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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 Knightstown Villas and starts from $1,175.

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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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.

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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.