Cheap Apartments for Rent in Milton, ON from $1,600 (166 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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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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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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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Milton, ON Local Guide

Cheapest Neighborhoods for Apartments in Milton, ON

Pricing Updated: 04/24/2026

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$7,000$830643

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 Apartments 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
122 Bronte St SOne Bedroom1BR,1BA$1,899
Millside Apartments1 Bed 1 Bath B1BR,1BA$1,975
2797 Battleford RdOne Bedroom Apartment1BR,1BA$2,050
Brightstone1D - Furnished1BR,1BA$2,059
Lakeside PlaceOne Bedroom Large1BR,1BA$2,125
Battleford & Glen Erin6599 Glen Erin (Walkup) - Plan A1BR,1BA$2,149
The Windsor & The Balmoral Apartments2 Bedroom2BR,1BA$2,150
Millside Tower2 Bed 1 Bath A2BR,1BA$2,195
Meadowvale Gardens Apartment1 Bedroom1BR,1BA$2,200
Elora1 Beds, 1 Baths1BR,1BA$2,225

Best Value Apartments for Rent in Milton, ON

As of April 24, 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 C Model at The Annex starting at $2,900 with a $2.43 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,2BA$2.43
The AnnexC3BR,2BA$2.43
The Miltonian2 Bed 2 Bath F2BR,2BA$2.78
Millside Tower2 Bed 1 Bath A2BR,1BA$2.54
The Windsor & The Balmoral Apartments2 Bedroom2BR,1BA$2.53
Aquitaine Avenue1 Beds, 1 Baths1BR,1BA$3.08
Millside Apartments1 Bed 1 Bath B1BR,1BA$3.03
Meadowvale Gardens Apartment1 Bedroom1BR,1BA$3.38
122 Bronte St SOne Bedroom1BR,1BA$3.19
2797 Battleford RdOne Bedroom Apartment1BR,1BA$3.49

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, ON 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 $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 $2,150 at The Windsor & The Balmoral Apartments.

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 $2,400.

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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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.

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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.

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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.