
Cheap Apartments for Rent in Milton, NC from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Milton.


Highland Heights 138

Willow Creek Apartments (201 Audubon Dr)

Lynn Street Lofts

Northpointe

The Venue Apartment Homes

Oakmont Apartments
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.

Chatham Lofts

Parkridge Apartments

Woodland Heights Apartments

The Glenns at Elon

River District Lofts

Moore Apartments

Evellien & Provence: Townhomes + Apartments Student Housing
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.

1414 N Main St

Ray Commons

3701 US-29 BUS

534 Logan St

224 The Blvd

118 W Stephens St

124 Girard St
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.

835 Glendale Ave

Courtyard Apartments

58 West Apartments

66 Carlson Ave

5109 Dry Fork Rd

1403 Elm St

1318 Front St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

863 Stokes St

West Village Apartments

671 Park Ave
Milton, NC Local Guide

How much does it cost to rent an apartment in Milton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milton Studio Apartments | $1,242 | $1,105 | $1,488 |
| Milton 1 Bedroom Apartments | $1,329 | $533 | $1,844 |
| Milton 2 Bedroom Apartments | $1,476 | $695 | $2,080 |
| Milton 3 Bedroom Apartments | $1,759 | $1,132 | $2,465 |
Browse Top Apartments in Milton
See all Apartments in MiltonExplore Milton
Milton, NC Local Guide
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Cheapest Available Milton Apartments for Rent and Nearby
 The cheapest available apartment rental in Milton, NC is a 1 Bed unit found at Dillard School priced from $533. Evellien & Provence: Townhomes + Apartments Student Housing in the North Burlington neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $685. Here is today’s list of the most affordable Milton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $533 |
| Evellien & Provence: Townhomes + Apartments Student Housing | Provence Apartments | 4BR,2BA | $685 |
| Highland Heights 138 | 2BR/1.0BA | 2BR,1BA | $695 |
| Willow Creek Apartments (201 Audubon Dr) | 2BR/1.0BA | 2BR,1BA | $725 |
| Lynn Street Lofts | 2BR/2.0BA | 2BR,2BA | $929 |
| Northpointe | 2 | 2BR,1BA | $991 |
| Parkridge Apartments | The Willow | 1BR,1BA | $1,050 |
| Oakmont Apartments | Upstairs 2 Bedroom/1.5 Bath | 2BR,1BA | $1,050 |
| The Venue Apartment Homes | Phase 1 - 1 x 1Standard-Call For Availability | 1BR,1BA | $1,050 |
| River District Lofts | River District Lofts | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Milton, NC and Nearby
As of April 26, 2026 the best value apartment in the Milton area is the $1.28 price per square foot 2BR/2.0BA Model at Dan River Crossing in the starting from $1,650. The second greatest value Milton apartment is the 2 Bedroom 2 Bath Luxury Apartment Home Model at Alexander Pointe Apartments starting at $1,435 with a $1.18 price per square foot in the Fieldstone Farms 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. |
|---|---|---|---|
| Dan River Crossing | 2BR/2.0BA | 2BR,2BA | $1.28 |
| Alexander Pointe Apartments | 2 Bedroom 2 Bath Luxury Apartment Home | 2BR,2BA | $1.18 |
| Lynn Street Lofts | 2BR/2.0BA | 2BR,2BA | $0.77 |
| Ashbury Square Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.27 |
| Spring Forest at Deerfield | Berkshire | 2BR,2BA | $1.27 |
| May Hosiery Lofts | 2 Bed 2 Bath | 2BR,2BA | $1.13 |
| Highland Heights 138 | 2BR/1.0BA | 2BR,1BA | $0.69 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.07 |
| Northpointe | 2 | 2BR,1.5BA | $1.13 |
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $0.79 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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, NC Rentals by Map
See the most popular apartments and homes in Milton, NC
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 $533 at Dillard School.
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 $695 at Highland Heights 138.
What is the most affordable Milton Three Bedroom Apartment?
The best deal on a cheap Milton Three Bedroom Apartment rental is at Parkridge Apartments and starts from $1,300.
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

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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.