Cheap Homes for Rent in Milroy, MN from $400 (11 Rentals)

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

property at 808 N 8th St

$450

Total Monthly Price

Total Monthly Price

Base Rent
$450

Total Monthly Price
$450

3 Bedroom, 2 Bath Home for Rent

Available Now

808 N 8th St

OliviaMN56277
property at 308 S 3rd St

$680

Total Monthly Price

Total Monthly Price

Base Rent
$680

Total Monthly Price
$680

1 Bedroom, 1 Bath Townhome for Rent

Available Now

308 S 3rd St

MilanMN56262
property at 316 S 3rd St

$680

Total Monthly Price

Total Monthly Price

Base Rent
$680

Total Monthly Price
$680

1 Bedroom, 1 Bath Townhome for Rent

Available Now

316 S 3rd St

MilanMN56262
property at 311 5th St S

$848

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$848

Total Monthly Price
$848

1 Bedroom, 1 Bath Townhome for Rent

Available Now

311 5th St S

Grove CityMN56243

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.

property at 512 Maple Ln

$848

Total Monthly Price

Total Monthly Price

Base Rent
$848

Total Monthly Price
$848

1 Bedroom, 1 Bath Townhome for Rent

Available Feb 1, 2026

512 Maple Ln

Grove CityMN56243
property at 105 S Lindberg Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Jan 15, 2026

105 S Lindberg Ave

DunnellMN56127
property at 2009 Great Bend Blvd

$850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Townhome for Rent

Available Jan 1, 2026

property at 551 Milky Way St S

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

551 Milky Way St S

CosmosMN56228
property at 820 N Cedar St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

820 N Cedar St

LuverneMN56156

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, MN Local Guide

Cheapest Available Milroy Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milroy, MN is a 2 Beds unit found at RC Square Apartments in the Downtown Marshall neighborhood priced from $625. Milwaukee Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Milroy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RC Square Apartments2 Bedroom2BR,1BA$625
Milwaukee Manor Apartments1 bed 1 bath1BR,1BA$725
1212 Heckman CtStudioStudio,1BA$750
Bethel On BryantRenville - 2/12BR,1BA$795
Downtown Estates1 Bed, 1 bath1BR,1BA$795

Best Value Apartments for Rent in Milroy, MN and Nearby

As of December 30, 2025 the best value apartment in the Milroy area is the $0.71 price per square foot 4 Bedroom - Lower Level Model at Windom Landing in the starting from $975. The second greatest value Milroy apartment is the 2 Bed Model at 105 Carly Dr starting at $1,200 with a $1.04 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.
Windom Landing4 Bedroom - Lower Level4BR,2BA$0.71
105 Carly Dr2 Bed2BR,1.5BA$1.04
Valleyside Townhomes2BR/1 Bath2BR,1BA$0.99
131 W 11th St2 Bedroom 2 Bath2BR,2BA$1.00
1212 Heckman CtStudioStudio ,1BA$0.83
Nyberg Apartments 55+2 Bed2BR,1BA$1.00
RC Square Apartments2 Bedroom2BR,1BA$0.70
Bethel On BryantRenville - 2/12BR,1BA$0.92
The Rock ApartmentsGF: 2 Bed 1 Bath- Premium2BR,1BA$1.07
Downtown Estates1 Bed, 1 bath1BR,1BA$0.99

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

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Frequently Asked Questions about Milroy

What type of rentals are currently available in Milroy?

There are currently 82 Apartments for Rent in Milroy, MN with pricing that ranges from $525 to $2,760. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milroy ranging from $450 to $3,800.

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 $450 to $3,800 with an average monthly rent of $1,614.

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 $1,150 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $450 to $1,900. Four Bedroom Single-Family rentals are also available starting from $1,625 and Four Bedroom Apartments start at $975.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!