
Cheap Homes for Rent in Milton, ON from $800 (167 Rentals)
Search the lowest-cost Homes available for rent right now in Milton.


3735 Pearlstone Dr

2955 Thomas St

2955 Thomas St

4408 Romfield Crescent

4408 Romfield Crescent

1296 Ellenton Crescent

1296 Ellenton Crescent

4497 Longmoor Rd

4497 Longmoor Rd
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.

841 Tea Landing

841 Tea Landing

48 Van Fleet Terrace

48 Van Fleet Terrace

5147 Angel Stone Dr

5147 Angel Stone Dr

3682 Indigo Crescent

3682 Indigo Crescent

635 Hepburn Rd

635 Hepburn Rd
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.

5453 Festival Dr

5453 Festival Dr

1408 Watercress Wy

1408 Watercress Wy

513 Beaver Ct

3080 Olympus Mews

3080 Olympus Mews

3174 Workman Dr

3174 Workman Dr

3210 Carabella Way
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.

3210 Carabella Way

25 Aird Ct

25 Aird Ct

121 Settlers Rd E

121 Settlers Rd E

6459 Tisler Crescent

378 Martin St

378 Martin St

6459 Tisler Crescent

3900 Arvona Pl
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.

3900 Arvona Pl

1387 Marshall Crescent

1387 Marshall Crescent

5519 Katy Gate

3207 Pebblewood Rd

7568 Doverwood Dr

5519 Katy Gate

3207 Pebblewood Rd

7568 Doverwood Dr

3908 Quiet Creek Dr
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.
Milton, ON Local Guide

How much does it cost to rent a home in Milton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milton 2 Bedroom Homes for Rent | $2,151 | $830 | $3,100 |
| Milton 3 Bedroom Homes for Rent | $3,081 | $1,800 | $5,300 |
| Milton 4 Bedroom Homes for Rent | $3,920 | $2,500 | $10,000+ |
| Milton 5 Bedroom Homes for Rent | $5,022 | $1,100 | $10,000+ |
| Milton 6 Bedroom Homes for Rent | $4,013 | $2,100 | $4,990 |
| Milton 7 Bedroom Homes for Rent | $3,225 | $1,750 | $4,700 |
Browse Top Homes for Rent in Milton
Explore Milton
Milton, ON Local Guide
- Milton Neighborhoods
- Nearby Cities
Cheapest Neighborhoods for Apartments in Milton, ON
Pricing Updated: 04/14/2026Current 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 | $7,000 | $500 | 1270 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 122 Bronte St S | One Bedroom | 1BR,1BA | $1,899 |
| Millside Apartments | 1 Bed 1 Bath B | 1BR,1BA | $1,975 |
| 2797 Battleford Rd | One Bedroom Apartment | 1BR,1BA | $2,050 |
| Brightstone | 1D - Furnished | 1BR,1BA | $2,059 |
| Lakeside Place | One Bedroom Large | 1BR,1BA | $2,125 |
| Battleford & Glen Erin | 6599 Glen Erin (Tower) - Plan A | 1BR,1BA | $2,125 |
| The Windsor & The Balmoral Apartments | 2 Bedroom | 2BR,1BA | $2,150 |
| Millside Tower | 2 Bed 1 Bath A | 2BR,1BA | $2,195 |
| Meadowvale Gardens Apartment | 1 Bedroom | 1BR,1BA | $2,200 |
| Elora | 1 Beds, 1 Baths | 1BR,1BA | $2,225 |
Best Value Apartments for Rent in Milton, ON
As of April 14, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Erin Centre Village | C | 3BR,2BA | $2.43 |
| The Annex | C | 3BR,2BA | $2.43 |
| Bristol Court | F2 | 2BR,1BA | $2.35 |
| The Miltonian | 2 Bed 2 Bath F | 2BR,2BA | $2.90 |
| Millside Tower | 2 Bed 1 Bath A | 2BR,1BA | $2.54 |
| The Windsor & The Balmoral Apartments | 2 Bedroom | 2BR,1BA | $2.53 |
| Aquitaine Avenue | 1 Beds, 1 Baths | 1BR,1BA | $3.08 |
| Millside Apartments | 1 Bed 1 Bath B | 1BR,1BA | $3.03 |
| Meadowvale Gardens Apartment | 1 Bedroom | 1BR,1BA | $3.38 |
| 122 Bronte St S | One Bedroom | 1BR,1BA | $3.19 |
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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 Milton
What type of rentals are currently available in Milton?
There are currently 169 Apartments for Rent in Milton, ON with pricing that ranges from $1,645 to $3,300. There are also 483 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milton ranging from $830 to $15,500.
What is the current price range for Rental Homes in Milton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Milton ranges from $830 to $15,500 with an average monthly rent of $3,088.
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

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.

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.

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.

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.