Cheap Apartments for Rent in Milton, IL from $300 (31 Rentals)

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

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.

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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.

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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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Creekside Apartments
1 to 2 Bedroom Apartments

Creekside Apartments

121 Cole BlvdSt. Charles, MO 63301
  • Utilities Included
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Fox Hill
1 to 4 Bedroom Apartments

Fox Hill

3100 Fox Chase DrSt. Charles, MO 63301
  • Utilities Included

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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Milton, IL Local Guide

Cheapest Available Milton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milton, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $485. Lotts Landing Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $560. Here is today’s list of the most affordable Milton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Jacksonville Affordable Housing1 Bedroom 50%1BR,1BA$485
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$560
Cobblestone ApartmentsCobblestone 1BD1BR,1BA$750
Laborer's Home Development IV, For Age 62+1 BR1BR,1BA$830
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$850
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$970
Casalon Parkway Apartments2 Bedroom / Phase 32BR,1BA$1,005
Quail Run Apartments and Townhomes2nd Floor 2x2 Reserves2BR,2BA$1,275
Boone Street Commons2nd Floor 2x2 RIC2BR,2BA$1,275
The Boulders at Moscow MillsOne Bed Villa - Boulders1BR,1BA$1,300

Best Value Apartments for Rent in Milton, IL and Nearby

As of May 30, 2026 the best value apartment in the Milton area is the $1.09 price per square foot 3 Bedroom Model at Ash Grove in the starting from $1,450. The second greatest value Milton apartment is the Apt 303 Model at Emerson Garden Apartments starting at $1,700 with a $1.31 price per square foot . Here is today’s list of the best values for Milton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ash Grove3 Bedroom3BR,2BA$1.09
Emerson Garden ApartmentsApt 3033BR,2BA$1.31
Peine LakesThe Carlyle3BR,2BA$1.27
Boone Street Commons2nd Floor 2x2 RIC2BR,2BA$1.25
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.12
Casalon Parkway Apartments2 Bedroom / Phase 1 & 22BR,1BA$1.19
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$1.03
Cobblestone ApartmentsCobblestone 2BD2BR,1BA$1.06
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$0.87
Jacksonville Affordable Housing1 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.

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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.

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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!

Explore Milton, IL Rentals by Map

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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 $540 at Jacksonville Affordable Housing.

What is the most affordable Milton Three Bedroom Apartment?

The best deal on a cheap Milton Three Bedroom Apartment rental is at Ash Grove and starts from $1,450.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.

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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.