Cheap Apartments for Rent in Milton, NC from $500 (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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Moore Apartments
Studio to 2 Bedroom Apartments

Moore Apartments

325-333 E Davis StBurlington, NC 27215
  • Utilities Included

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 1414 N Main St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

2 Bedroom, 1 Bath Home for Rent

Available Now

1414 N Main St

DanvilleVA24540
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Ray Commons
Studio to 2 Bedroom Apartments

Ray Commons

625 Washington StEden, NC 27288
property at 3701 US-29 BUS

$825

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

2 Bedroom, 1 Bath Home for Rent

Available Now

3701 US-29 BUS

DanvilleVA24540
property at 534 Logan St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

3 Bedroom, 2 Bath Condo for Rent

Available Now

534 Logan St

South BostonVA24592
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224 The Blvd
1 Bedroom Apartments

224 The Blvd

224 The BlvdEden, NC 27288
Corporate Housing
  • Utilities Included
property at 118 W Stephens St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Now

118 W Stephens St

DanvilleVA24541
property at 124 Girard St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

124 Girard St

DanvilleVA24540

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.

property at 835 Glendale Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

3 Bedroom, 1 Bath Home for Rent

Available Now

835 Glendale Ave

DanvilleVA24540
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Courtyard Apartments
Studio to 2 Bedroom Apartments

Courtyard Apartments

852 S Main StBurlington, NC 27215
  • Utilities Included
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58 West Apartments
2 Bedroom Apartments

58 West Apartments

12265 Martinsville HwyDanville, VA 24541
  • Utilities Included
property at 66 Carlson Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

66 Carlson Ave

DanvilleVA24541
property at 5109 Dry Fork Rd

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

5109 Dry Fork Rd

Dry ForkVA24549

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.

property at 863 Stokes St

$1,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

863 Stokes St

DanvilleVA24541
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West Village Apartments
2 to 3 Bedroom Apartments

West Village Apartments

115 Holiday Park RdHillsborough, NC 27278
Corporate Housing
property at 671 Park Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

671 Park Ave

DanvilleVA24541

Milton, NC Local Guide

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 ListingModel NameBed/BathPriced From
Dillard School1 Bed, 1 bath1BR,1BA$533
Evellien & Provence: Townhomes + Apartments Student HousingProvence Apartments4BR,2BA$685
Highland Heights 1382BR/1.0BA2BR,1BA$695
Willow Creek Apartments (201 Audubon Dr)2BR/1.0BA2BR,1BA$725
Lynn Street Lofts2BR/2.0BA2BR,2BA$929
Northpointe22BR,1BA$991
Parkridge ApartmentsThe Willow1BR,1BA$1,050
Oakmont ApartmentsUpstairs 2 Bedroom/1.5 Bath2BR,1BA$1,050
The Venue Apartment HomesPhase 1 - 1 x 1Standard-Call For Availability1BR,1BA$1,050
River District LoftsRiver District Lofts1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Dan River Crossing2BR/2.0BA2BR,2BA$1.28
Alexander Pointe Apartments2 Bedroom 2 Bath Luxury Apartment Home2BR,2BA$1.18
Lynn Street Lofts2BR/2.0BA2BR,2BA$0.77
Ashbury Square ApartmentsTwo Bedroom Two Bath2BR,2BA$1.27
Spring Forest at DeerfieldBerkshire2BR,2BA$1.27
May Hosiery Lofts2 Bed 2 Bath2BR,2BA$1.13
Highland Heights 1382BR/1.0BA2BR,1BA$0.69
Oakmont ApartmentsDownstairs 2 Bed/1.5 Bath2BR,1.5BA$1.07
Northpointe22BR,1.5BA$1.13
Dillard School1 Bed, 1 bath1BR,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.

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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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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!

Explore Milton, NC 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 $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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.