202 E Taylor St
ShelbyvilleIN46176
Cheap Homes for Rent in Milroy, IN from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Milroy.
106 W Pennsylvania St
ShelbyvilleIN46176
392 W Broadway St
ShelbyvilleIN46176
316 E Franklin St
ShelbyvilleIN46176
108 W Pennsylvania St
ShelbyvilleIN46176
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.
216 Progress Rd
ShelbyvilleIN46176
106 W Broadway St
ShelbyvilleIN46176
48 E Mechanic St
ShelbyvilleIN46176
4881 300W
New PalestineIN46163
309 W 11th St
ConnersvilleIN47331
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.
Showing Results 1-10, Page 1 of 1
Milroy, IN Local Guide
Milroy by Chris Flook is licensed under CC BY 4.0
How much does it cost to rent a home in Milroy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milroy 2 Bedroom Homes for Rent | $1,082 | $695 | $1,450 |
| Milroy 3 Bedroom Homes for Rent | $2,020 | $1,099 | $6,995 |
| Milroy 4 Bedroom Homes for Rent | $2,576 | $2,245 | $3,900 |
| Milroy 5 Bedroom Homes for Rent | $8,995 | $8,995 | $8,995 |
Browse Top Homes for Rent in Milroy
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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 Studio unit found at The Crossings priced from $595. LINCOLN PARK APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here is today’s list of the most affordable Milroy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Crossings | Studio | Studio,1BA | $595 |
| LINCOLN PARK APARTMENTS | Studio | Studio,1BA | $645 |
| The Annex of Columbus | 2 Bed 2 Bath | 2BR,2BA | $650 |
Best Value Apartments for Rent in Milroy, IN and Nearby
As of May 07, 2026 the best value apartment in the Milroy area is the $1.20 price per square foot L3 Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $1,937. The second greatest value Milroy apartment is the 3BR Downstairs Model at Arbor at Water's Edge starting at $1,435 with a $1.17 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Links at Franklin | L3 | 3BR,2BA | $1.20 |
| Arbor at Water's Edge | 3BR Downstairs | 3BR,2BA | $1.17 |
| Knightstown Villas | 3 Bed 2 Bath | 3BR,2BA | $1.12 |
| Townhomes at 28th | Two Bedroom One Bath | 2BR,1BA | $1.18 |
| Village In The Woods | Townhouse | 2BR,1.5BA | $1.15 |
| Reflections I | 2x2 60%cs | 2BR,1BA | $1.22 |
| Grand Avenue Commons | 2 Beds, 1.5 baths | 2BR,1.5BA | $0.89 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $0.79 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| The Annex of Columbus | 2 Bed 2 Bath | 2BR,2BA | $0.94 |
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 Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
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See the most popular apartments and homes in Milroy, IN
Frequently Asked Questions about Milroy
What type of rentals are currently available in Milroy?
There are currently 48 Apartments for Rent in Milroy, IN with pricing that ranges from $479 to $2,200. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milroy ranging from $525 to $8,995.
What is the current price range for Rental Homes in Milroy?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Milroy ranges from $525 to $8,995 with an average monthly rent of $3,107.
How much are larger Three and Four Bedroom Rentals in Milroy?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Milroy range from $1,175 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,099 to $6,995. Four Bedroom Single-Family rentals are also available starting from $2,245 and Four Bedroom Apartments start at $525.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.