
Cheap Apartments for Rent near Milton, IL from $347 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Milton.


1537 Wilkes Ave

Hunter Glen Apartments

Godfrey Estates

Cobblestone Apartments

Ridgebrook Apartments

CARDINAL RIDGE

Laborer's Home Development IV, For Age 62+

New Eastlawn Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Creekside Apartments

1500 N Carolina St

Koke Mill Apartments

Elm Tree Commons

Surrey Court Apartments

Meadow View Landing

Casalon Parkway Apartments

Cobblestone Place

Ash Grove
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Meadow View Place

Peine Lakes

Quail Run Apartments and Townhomes

Beardstown Apartments

Cedar Creek Crossing Apartments

Lotts Landing Senior Apartments

208 E Bland St

Morton Street Apartments

Meadowood Estates II Senior 55+
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

210 E Bland St

119 N 1st St

902 State St

406 S 3rd St

200 E Maple St

Fox Hill

735 E College Ave

5020 College Ave

820 Eighth St
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.

618 Trojan Dr

1217 W Centennial Ave
Milton, IL Local Guide

How much does it cost to rent an apartment in Milton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milton Studio Apartments | $700 | $700 | $700 |
| Milton 1 Bedroom Apartments | $1,274 | $347 | $1,750 |
| Milton 2 Bedroom Apartments | $1,628 | $408 | $4,500 |
| Milton 3 Bedroom Apartments | $1,721 | $900 | $2,600 |
| Milton 4 Bedroom Apartments | $3,375 | $1,150 | $5,600 |
Browse Top Apartments in Milton
See all Apartments in MiltonExplore Milton
Milton, IL Local Guide
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Cheapest Available Milton Apartments for Rent and Nearby
 The cheapest available apartment rental in Milton, IL is a 2 Beds unit found at Cedar Creek Crossing Apartments priced from $267. Jacksonville Affordable Housing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $485. Here is today’s list of the most affordable Milton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedar Creek Crossing Apartments | 2 Bed 2 Bath | 2BR,2BA | $267 |
| Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $485 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $560 |
| Cobblestone Apartments | Cobblestone 1BD | 1BR,1BA | $750 |
| Laborer's Home Development IV, For Age 62+ | 1 BR | 1BR,1BA | $830 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $850 |
| Creekside Apartments | One Bedroom | 1BR,1BA | $875 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $970 |
| Meadow View Landing | 2 Bedroom/1 Bath | 2BR,1BA | $1,020 |
| Casalon Parkway Apartments | 2 Bedroom / Phase 3 | 2BR,1BA | $1,084 |
Best Value Apartments for Rent in Milton, IL and Nearby
As of August 29, 2026 the best value apartment in the Milton area is the $1.31 price per square foot Townhomes Exterior Phase B Model at Quail Run Apartments and Townhomes in the in the Lincoln County neighborhood starting from $1,900. The second greatest value Milton apartment is the 3rd Floor 2x2 RIC Model at Boone Street Commons starting at $1,250 with a $1.23 price per square foot in the Lincoln County neighborhood. Here is today’s list of the best values for Milton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Quail Run Apartments and Townhomes | Townhomes Exterior Phase B | 3BR,2.5BA | $1.31 |
| Boone Street Commons | 3rd Floor 2x2 RIC | 2BR,2BA | $1.23 |
| Cedar Creek Crossing Apartments | 2 Bed 2 Bath | 2BR,2BA | $0.28 |
| Meadow View Landing | 2 Bedroom/1 Bath | 2BR,1BA | $1.12 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.12 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $1.03 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| Creekside Apartments | One Bedroom | 1BR,1BA | $1.29 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.87 |
| Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.88 |
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 ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Milton, IL Rentals by Map
See the most popular apartments and homes in Milton, IL
Frequently Asked Questions about Cheap Milton Apartments
How much is rent for a Cheap One Bedroom Milton Apartment?
The lowest price for a Cheap One Bedroom Milton Apartment is $485 at Jacksonville Affordable Housing.
What is the lowest price for a Cheap Two Bedroom Milton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Milton is starting from $267 at Cedar Creek Crossing Apartments.
What is the most affordable Milton Three Bedroom Apartment?
The best deal on a cheap Milton Three Bedroom Apartment rental is at Cedar Creek Crossing Apartments and starts from $296.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.