
Cheap Apartments for Rent near Milton, IN from $352 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Milton.


Reflections I

River Landing Apartments

Genesis Apartments

Stonebrook of West College Corner

Grand Avenue Commons

Stonehenge

Academy Place 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.

Flats at West End

Adam H Bartell Lofts

Chester Heights Apartments

Arrasmith Apartments

City View Townhomes

6301 W Kilgore Ave

The Alan

Total Monthly Price
Labor Center Lofts

Jamestown Village
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.

Colonial Crest Apartments

The Latitude Apartments

Kelso Place Apartments

Townehouse Village Apartments

Talawanda Grove Apartments

White River Lofts

Rochester Manor

Voyager Apartments

230 Kinsey St
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.

The Crossings

Ivy Court Apartments

713 Cottage

The Cedars Apartments

401 George St

Stonegate

The Orchard

Serenity

5271 Hester Rd
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.

758 Beeson Dr

602 N East St

424 Lofts

323 E 11th St

Ivy Green

1211 S E St

Royal Oaks Apartments

308 New York St

703 Westwood Dr
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.
Milton, IN Local Guide

How much does it cost to rent an apartment in Milton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milton Studio Apartments | $649 | $482 | $900 |
| Milton 1 Bedroom Apartments | $939 | $352 | $1,800 |
| Milton 2 Bedroom Apartments | $1,205 | $674 | $1,994 |
| Milton 3 Bedroom Apartments | $1,451 | $1,000 | $1,984 |
| Milton 4 Bedroom Apartments | $1,173 | $474 | $2,000 |
Browse Top Apartments in Milton
See all Apartments in MiltonExplore Milton
Milton, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Milton Apartments for Rent and Nearby
 The cheapest available apartment rental in Milton, IN is a 2 Beds unit found at The Lofts at Roberts in the School neighborhood priced from $416. The Crossings has the second lowest priced unit, which is a Studio apartment currently listed from $610. Here is today’s list of the most affordable Milton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Lofts at Roberts | The Liberty | 2BR, 1BA | $416 |
| The Crossings | Studio | Studio, 1BA | $610 |
| Genesis Apartments | 1BD/ 1 BA | 1BR, 1BA | $690 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR, 1BA | $729 |
| Stonebrook of West College Corner | 2 Bedroom 1 Bathroom | 2BR, 1BA | $750 |
| Atlas Apartments | 1BR/1.0BA | 1BR, 1BA | $775 |
| Stonehenge | One Bed One Bath | 1BR, 1BA | $775 |
| Adam H Bartell Lofts | VISTA | 1BR, 1BA | $795 |
| Arrasmith Apartments | Arrasmith, in Downtown Muncie Live a Little More! | 1BR, 1BA | $810 |
| City View Townhomes | 2 Bedroom Townhome | 2BR, 1BA | $838 |
Best Value Apartments for Rent in Milton, IN and Nearby
As of September 23, 2026 the best value apartment in the Milton area is the $0.81 price per square foot EXCALIBUR Model at Adam H Bartell Lofts starting from $895. The second greatest value Milton apartment is the 3 bedroom Townhouse Model at City View Townhomes in the School neighborhood starting at $1,100 with a $1.02 price per square foot. 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. |
|---|---|---|---|
| Adam H Bartell Lofts | EXCALIBUR | 2BR, 1BA | $0.81 |
| City View Townhomes | 3 bedroom Townhouse | 3BR, 1.5BA | $1.02 |
| Knightstown Villas | 3 Bed 2 Bath | 3BR, 2BA | $1.12 |
| The Lofts at Roberts | The Liberty | 2BR, 1BA | $0.42 |
| Townehouse Village Apartments | Two Bedroom Gas | 2BR, 1.5BA | $1.01 |
| Labor Center Lofts | 1BR/1.0BA | 1BR, 1BA | $1.13 |
| Genesis Apartments | 1BD/ 1 BA | 1BR, 1BA | $0.92 |
| Stonebrook of West College Corner | 2 Bedroom 1 Bathroom | 2BR, 1BA | $1.00 |
| Atlas Apartments | 1BR/1.0BA | 1BR, 1BA | $1.08 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR, 1BA | $1.04 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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, IN Rentals by Map
See the most popular apartments and homes in Milton, IN
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 $679 at The Crossings.
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 $416 at The Lofts at Roberts.
What is the most affordable Milton Three Bedroom Apartment?
The best deal on a cheap Milton Three Bedroom Apartment rental is at City View Townhomes and starts from $1,100.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.
