316 Glenwood Dr
New CastleIN47362
Cheap Homes for Rent in Milroy, IN from $500 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Milroy.
202 E Taylor St
ShelbyvilleIN46176
392 W Broadway St
ShelbyvilleIN46176
529 West Washington St
ShelbyvilleIN46176
1402 Alabama St
New CastleIN47362
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.
316 E Franklin St
ShelbyvilleIN46176
2142 W US Hwy 40
GreenfieldIN46140
1422 Fayette St
ConnersvilleIN47331
227 W Pennsylvania St
ShelbyvilleIN46176
135 W Hendricks St
ShelbyvilleIN46176
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.
216 Progress Rd
ShelbyvilleIN46176
106 W Broadway St
ShelbyvilleIN46176
321 E Mechanic St
ShelbyvilleIN46176
118 Summit Ave
ConnersvilleIN47331
4881 300W
New PalestineIN46163
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.
647 W Franklin St
ShelbyvilleIN46176
309 W 11th St
ConnersvilleIN47331
Showing Results 1-17, 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 | $1,031 | $695 | $1,399 |
| Milroy 3 Bedroom Homes for Rent | $2,197 | $505 | $6,995 |
| Milroy 4 Bedroom Homes for Rent | $2,381 | $1,750 | $3,150 |
| Milroy 5 Bedroom Homes for Rent | $8,995 | $8,995 | $8,995 |
| Milroy 6 Bedroom Homes for Rent | $1,650 | $1,650 | $1,650 |
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 $610. 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 | $610 |
| LINCOLN PARK APARTMENTS | Studio | Studio,1BA | $645 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $675 |
| The Annex of Columbus | 2 Bed 2 Bath | 2BR,2BA | $725 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $729 |
Best Value Apartments for Rent in Milroy, IN and Nearby
As of June 22, 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 $1,474 with a $1.20 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 | $1.20 |
| Stonegate | Two Bedroom Two Bath | 2BR,2BA | $1.20 |
| Knightstown Villas | 3 Bed 2 Bath | 3BR,2BA | $1.12 |
| Townhomes at 28th | Two Bedroom One Bath | 2BR,1BA | $1.22 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $0.79 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| The Annex of Columbus | 2 Bed 2 Bath | 2BR,2BA | $1.05 |
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 52 Apartments for Rent in Milroy, IN with pricing that ranges from $479 to $2,200. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milroy ranging from $505 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 $505 to $8,995 with an average monthly rent of $2,552.
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 $1,115 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $505 to $6,995. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $625.
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
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.