Cheap Homes for Rent in Milton, ON from $1,100 (159 Rentals)

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Search the lowest-cost Homes 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.

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.

property at 4568 Donegal Dr

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

4568 Donegal Dr

MississaugaONL5M 4H2

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.

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.

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

Cheapest Neighborhoods for Apartments in Milton, ON

Pricing Updated: 05/29/2026

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$6,000$750997

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. 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
122 Bronte St SOne Bedroom1BR,1BA$1,899
2797 Battleford RdOne Bedroom Apartment1BR,1BA$1,975
Brightstone1C1BR,1BA$2,021
Millside Apartments1 Bed 1 Bath B1BR,1BA$2,025
Meadowvale Gardens Apartment1 Bedroom1BR,1BA$2,050
Lakeside PlaceOne Bedroom1BR,1BA$2,079
Battleford & Glen Erin2757 Battleford - Plan H1BR,1BA$2,129
Elora1 Beds, 1 Baths1BR,1BA$2,225
Aquitaine Avenue1 Beds, 1 Baths1BR,1BA$2,255
Bristol CourtC51BR,1BA$2,360

Best Value Apartments for Rent in Milton, ON

As of May 30, 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
Millside Tower2 Bed 2 Bath A2BR,2BA$2.45
Aquitaine Avenue3 Beds, 1.5 Baths3BR,1.5BA$3.13
Bristol CourtC51BR,1BA$2.72
Millside Apartments1 Bed 1 Bath B1BR,1BA$3.11
Meadowvale Gardens Apartment1 Bedroom1BR,1BA$3.15
Brightstone1G1BR,1BA$4.03
122 Bronte St SOne Bedroom1BR,1BA$3.19
2797 Battleford RdOne Bedroom Apartment1BR,1BA$3.36

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!

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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 $1,595 to $3,300. There are also 485 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milton ranging from $1,150 to $6,300.

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 $1,150 to $6,300 with an average monthly rent of $2,982.

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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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.

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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.

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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.