Cheap Apartments for Rent in Milroy, IN from $300 (13 Rentals)

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

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 Grand Avenue Commons priced from $376. LINCOLN PARK APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $470. Here is today’s list of the most affordable Milroy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$376
LINCOLN PARK APARTMENTSOne Bedroom One Bathroom1BR,1BA$470
The CrossingsStudioStudio,1BA$595
Academy Place Apartments1 BR 1 Bath1BR,1BA$675
Bloomfield ApartmentsOne Bedroom1BR,1BA$775

Best Value Apartments for Rent in Milroy, IN and Nearby

As of September 09, 2025 the best value apartment in the Milroy area is the $1.05 price per square foot L3-SUN Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $2,000. The second greatest value Milroy apartment is the HARMONY Model at Sandalwood starting at $1,695 with a $1.13 price per square foot . 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 FranklinL3-SUN3BR,2BA$1.05
SandalwoodHARMONY3BR,2BA$1.13
Arbor at Water's Edge3BR Upstairs3BR,2BA$1.12
Townhomes at 28thTwo Bedroom One Bath2BR,1BA$1.17
Academy Place Apartments1 BR 1 Bath1BR,1BA$0.68
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.09
Williamsburg WayThe Richmond2BR,1BA$1.04
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$0.54
Vita of Greenfield Independent LivingOne Bed - 671 Sqft1BR,1BA$1.20

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

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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

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 $376 at Grand Avenue Commons.

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 $459 at Grand Avenue Commons.

What is the most affordable Milroy Three Bedroom Apartment?

The best deal on a cheap Milroy Three Bedroom Apartment rental is at Townhomes at 28th and starts from $1,299.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.