Cheap Apartments for Rent in Milton, ON from $1,600 (9 Rentals)

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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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87 Main Street North
$1,700 - $1,800Studio to 2 Bedroom Apartments

87 Main Street North

87 Main Street NorthMilton, ON L0P 1B0
Furnished
  • Utilities Included
  • Smoke Free

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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Lakeview Place
$1,995 - $2,3501 to 2 Bedroom Apartments Available Mar 31

Lakeview Place

2770 AquitaineMississauga, ON L5N 3K5
Eco-Friendly
  • Verified
  • Utilities Included
  • 3D Tour

Milton, ON Local Guide

Cheapest Neighborhoods for Apartments in Milton, ON

Pricing Updated: 03/10/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Milton Halton Hills$2,820$1,595250

Cheapest Available Milton Apartments for Rent

 

The cheapest available apartment rental in Milton, ON is a 1 Bed unit found at Brightstone in the Milton Halton Hills neighborhood priced from $1,784. Battleford & Glen Erin in the Milton Halton Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,842. Here is today’s list of the most affordable Milton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brightstone1C1BR,1BA$1,784
Battleford & Glen Erin1 Bedroom Promotional Price For First 8 Months*1BR,1BA$1,842
Millside Tower1 Bed 1 Bath A1BR,1BA$1,895

Best Value Apartments for Rent in Milton, ON

As of March 10, 2026 the best value apartment in the Milton area is the $2.43 price per square foot C Model at Erin Centre Village in the in the Churchill Meadows Erin Mills neighborhood starting from $2,900. The second greatest value Milton apartment is the 2 Bed 1 Bath A Model at Millside Tower starting at $2,250 with a $2.61 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Erin Centre VillageC3BR,2.5BA$2.43
Millside Tower2 Bed 1 Bath A2BR,1BA$2.61
The Miltonian2 Bed 2 Bath B2BR,2BA$2.99
Aquitaine Avenue1 Beds, 1 Baths1BR,1BA$3.07
Millside Apartments1 Bed 1 Bath B1BR,1BA$3.14
Meadowvale Gardens Apartment1 Bedroom1BR,1BA$3.38
Brightstone1G - Furnished1BR,1BA$4.03
Battleford & Glen Erin6599 Glen Erin (Tower) - Plan B1BR,1BA$3.47
122 Bronte St SOne Bedroom1BR,1BA$3.19
2797 Battleford RdOne Bedroom Apartment1BR,1BA$3.49

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Frequently Asked Questions about Cheap Milton Apartments

What is the price of a cheap apartment in Milton?

The cheapest apartment in Milton is Brightstone which is listed at $1,784, while the average apartment in Milton costs $2,820.

What types of apartments are the cheapest in Milton?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 15 regular apartments in Milton that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Milton?

Cheap apartments in Milton have an average cost of $260 which is $2,560 cheaper than the average rent for all rentals in Milton.

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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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.