
Cheap Apartments for Rent in Milton, ON from $1,500 (182 Rentals)
Search the lowest-cost Apartments available for rent right now in Milton.


900 Somerville Terrace

122 Bronte St S

Millside Tower

272 Duncan Ln

272 Duncan Ln

697 Ferguson Dr

697 Ferguson Dr

7 Milton Heights Crescent

7 Milton Heights Crescent
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.

1387 Marshall Crescent

1387 Marshall Crescent

674 Thompson Rd S

674 Thompson Rd S

635 Hepburn Rd

635 Hepburn Rd

839 Miltonbrook Cres

839 Miltonbrook Cres

1450 Periwinkle Pl

1450 Periwinkle Pl
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.

562 Nairn Circle

562 Nairn Circle

1269 Rose Way

1264 Sim Pl

1264 Sim Pl

188 Holmes Crescent

188 Holmes Crescent

87 Main Street North

278 Dalgleish Garden

278 Dalgleish Garden
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.

1410 Storey Dr

1171 McEachern Ct

1171 McEachern Ct

1410 Storey Dr

310 Wettlaufer Terr

1123 Woodward Ave

1123 Woodward Ave

1257 Roper Dr

1257 Roper Dr

392 Clarkson Gate
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.

392 Clarkson Gate

306 Bessborough Dr

306 Bessborough Dr

1414 Wellwood Terrace

1414 Wellwood Terrace

1410 Wellwood Terrace

854 Yates Dr

854 Yates Dr

8020 Derry Rd W

8020 Derry Rd W
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.
Milton, ON Local Guide

How much does it cost to rent an apartment in Milton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Milton 1 Bedroom Apartments | $2,185 | $1,899 | $2,863 |
| Cheap Milton 2 Bedroom Apartments | $2,627 | $1,595 | $3,063 |
| Cheap Milton 3 Bedroom Apartments | $4,253 | $2,889 | $7,153 |
| Cheap Milton 4 Bedroom Apartments | $7,626 | $5,989 | $8,852 |
Browse Top Apartments in Milton
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Milton, ON Local Guide
- Milton Neighborhoods
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Cheapest Neighborhoods for Apartments in Milton, ON
Pricing Updated: 06/08/2026Current apartment rentals in the Milton, ON area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Milton Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Milton Halton Hills | $6,000 | $750 | 1082 |
Cheapest Available Milton Apartments for Rent
 The cheapest available apartment rental in Milton, ON is a 1 Bed unit found at 122 Bronte St S in the Milton Halton Hills neighborhood priced from $1,899. Millside Tower in the Milton Halton Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,950. Here is today’s list of the most affordable Milton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 122 Bronte St S | One Bedroom | 1BR,1BA | $1,899 |
| Millside Tower | 1 Bed 1 Bath A | 1BR,1BA | $1,950 |
| 2797 Battleford Rd | One Bedroom Apartment | 1BR,1BA | $1,975 |
| Brightstone | 1C | 1BR,1BA | $2,021 |
| Millside Apartments | 1 Bed 1 Bath B | 1BR,1BA | $2,025 |
| Battleford & Glen Erin | 2757 Battleford - Plan D | 1BR,1BA | $2,049 |
| Meadowvale Gardens Apartment | 1 Bedroom | 1BR,1BA | $2,050 |
| Lakeside Place | One Bedroom | 1BR,1BA | $2,079 |
| Elora | 1 Beds, 1 Baths | 1BR,1BA | $2,225 |
| Lakeview Place | 2 Bedroom | 2BR,1BA | $2,350 |
Best Value Apartments for Rent in Milton, ON
As of June 08, 2026 the best value apartment in the Milton area is the $2.60 price per square foot B Model at The Annex in the in the Milton Halton Hills neighborhood starting from $3,100. The second greatest value Milton apartment is the 3 Beds, 1.5 Baths Model at Aquitaine Avenue starting at $3,160 with a $3.13 price per square foot in the Milton Halton Hills 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. |
|---|---|---|---|
| The Annex | B | 3BR,2BA | $2.60 |
| Aquitaine Avenue | 3 Beds, 1.5 Baths | 3BR,1.5BA | $3.13 |
| The Windsor & The Balmoral Apartments | 3 Bedroom | 3BR,1.5BA | $2.95 |
| Lakeview Place | 2 Bedroom | 2BR,1BA | $2.55 |
| Bristol Court | C5 | 1BR,1BA | $2.72 |
| The Miltonian | 1 Bed 1 Bath B | 1BR,1BA | $3.26 |
| Millside Tower | 1 Bed 1 Bath A | 1BR,1BA | $2.64 |
| Millside Apartments | 1 Bed 1 Bath B | 1BR,1BA | $3.11 |
| Meadowvale Gardens Apartment | 1 Bedroom | 1BR,1BA | $3.15 |
| 122 Bronte St S | One Bedroom | 1BR,1BA | $3.19 |
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, ON Rentals by Map
See the most popular apartments and homes in Milton, ON
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 $1,899 at 122 Bronte St S.
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 $2,164 at Battleford & Glen Erin.
What is the most affordable Milton Three Bedroom Apartment?
The best deal on a cheap Milton Three Bedroom Apartment rental is at The Windsor & The Balmoral Apartments and starts from $2,800.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.

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.