Cheap Homes for Rent in Milton, ON from $1,000 (171 Rentals)

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Search the lowest-cost Homes 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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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: 08/30/2026

Current apartment rentals in the Milton, ON area range in price from $950 to $12,500 with an overall median price of $2,600. Here is today’s list neighborhoods with the lowest median pricing for Milton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Milton Halton Hills$2,600$9501141

Cheapest Available Milton Apartments for Rent

 

The cheapest available apartment rental in Milton, ON is a 1 Bed unit found at Millside Apartments in the Milton Halton Hills neighborhood priced from $1,875. 122 Bronte St S in the Milton Halton Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,899. Here is today’s list of the most affordable Milton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Millside Apartments1 Bed 1 Bath B1BR,1BA$1,875
122 Bronte St SOne Bedroom1BR,1BA$1,899
2797 Battleford RdOne Bedroom Apartment1BR,1BA$1,975
Meadowvale Gardens Apartment1 Bedroom1BR,1BA$1,975
Battleford & Glen Erin6599 Glen Erin (Walkup) - Plan D1BR,1BA$2,149
Elora1 Beds, 1 Baths1BR,1BA$2,195
Brightstone1E1BR,1BA$2,248
Aquitaine Avenue1 Beds, 1 Baths1BR,1BA$2,274
Lakeside PlaceTwo Bedroom Large2BR,1BA$2,499
2475 Old Bronte Road1A1BR,1BA$2,516

Best Value Apartments for Rent in Milton, ON

As of August 30, 2026 the best value apartment in the Milton area is the $3.09 price per square foot 1 Beds, 1 Baths Model at Aquitaine Avenue in the in the Milton Halton Hills neighborhood starting from $2,274. The second greatest value Milton apartment is the One Bedroom Apartment Model at 2797 Battleford Rd starting at $1,975 with a $2.79 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.
Aquitaine Avenue1 Beds, 1 Baths1BR,1BA$3.09
2797 Battleford RdOne Bedroom Apartment1BR,1BA$2.79
Battleford & Glen Erin2757 Battleford - Plan D1BR,1BA$2.99
Millside Apartments1 Bed 1 Bath B1BR,1BA$2.88
Meadowvale Gardens Apartment1 Bedroom1BR,1BA$3.04
Brightstone1E1BR,1BA$3.49
122 Bronte St SOne Bedroom1BR,1BA$3.19
2475 Old Bronte Road1A1BR,1BA$5.00

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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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 Milton

What type of rentals are currently available in Milton?

There are currently 172 Apartments for Rent in Milton, ON with pricing that ranges from $1,795 to $8,491. There are also 490 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milton ranging from $1,000 to $9,800.

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 $1,000 to $9,800 with an average monthly rent of $2,722.

How much are larger Three and Four Bedroom Rentals in Milton?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Milton range from $2,675 to $6,399, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,595 and Four Bedroom Apartments start at $5,727.

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.