Cheap Apartments for Rent in Milroy, IN from $300 (10 Rentals)

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

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.

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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.

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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

Best Value Apartments for Rent in Milroy, IN and Nearby

As of July 25, 2025 the best value apartment in the Milroy area is the $1.13 price per square foot HARMONY Model at Sandalwood in the starting from $1,695. The second greatest value Milroy apartment is the Three Bedroom Two Bath Model at Stonegate starting at $1,712 with a $1.30 price per square foot in the Downtown Columbus IN 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.
SandalwoodHARMONY3BR,2BA$1.13
StonegateThree Bedroom Two Bath3BR,2BA$1.30
Townhomes at 28thTwo Bedroom One Bath2BR,1BA$1.17
Arbor at Water's Edge2BR Downstairs2BR,2BA$1.26
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
Vita of Greenfield Independent LivingTwo Bed - 874 Sqft2BR,1BA$0.91
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$0.54

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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

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 $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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.