Cheap Apartments for Rent in Milton, ON from $1,400 (177 Rentals)

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Search the lowest-cost Apartments available for rent right now in Milton.

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.

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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.

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

87 Main Street North

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

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.

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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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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.

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Milton, ON Local Guide

Cheapest Neighborhoods for Apartments in Milton, ON

Pricing Updated: 07/24/2026

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$15,191$1,393181

Cheapest Available Milton Apartments for Rent

 

The cheapest available apartment rental in Milton, ON is a 1 Bed unit found at Millside Tower in the Milton Halton Hills neighborhood priced from $1,895. 2797 Battleford Rd in the Milton Halton Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,975. Here is today’s list of the most affordable Milton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Millside Tower1 Bed 1 Bath A1BR,1BA$1,895
2797 Battleford RdOne Bedroom Apartment1BR,1BA$1,975
122 Bronte St SOne Bedroom1BR,1BA$1,975
Meadowvale Gardens Apartment1 Bedroom1BR,1BA$1,975
Millside Apartments1 Bed 1 Bath B1BR,1BA$1,995
Battleford & Glen Erin6599 Glen Erin (Tower) - Plan G1BR,1BA$1,999
Brightstone1D1BR,1BA$2,020
Elora1 Beds, 1 Baths1BR,1BA$2,195
Aquitaine Avenue1 Beds, 1 Baths1BR,1BA$2,274
The Miltonian1 Bed 1 Bath B1BR,1BA$2,395

Best Value Apartments for Rent in Milton, ON

As of July 24, 2026 the best value apartment in the Milton area is the $2.89 price per square foot 3 Bedroom Model at The Windsor & The Balmoral Apartments in the in the Milton Halton Hills neighborhood starting from $2,750. The second greatest value Milton apartment is the 1 Bed 1 Bath B Model at The Miltonian starting at $2,395 with a $3.22 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.
The Windsor & The Balmoral Apartments3 Bedroom3BR,1.5BA$2.89
The Miltonian1 Bed 1 Bath B1BR,1BA$3.22
Millside Tower1 Bed 1 Bath A1BR,1BA$2.57
Aquitaine Avenue1 Beds, 1 Baths1BR,1BA$3.09
Millside Apartments1 Bed 1 Bath B1BR,1BA$3.06
Meadowvale Gardens Apartment1 Bedroom1BR,1BA$3.04
122 Bronte St SOne Bedroom1BR,1BA$3.32
2797 Battleford RdOne Bedroom Apartment1BR,1BA$3.36
Battleford & Glen Erin6599 Glen Erin (Tower) - Plan G1BR,1BA$3.63
Brightstone1C1BR,1BA$3.88

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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Real 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.

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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, ON Rentals by Map

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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 Millside Tower which is listed at $1,895, while the average apartment in Milton costs $15,191.

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 10 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 $250 which is $14,941 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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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.