Cheap Apartments for Rent in Milton, TN from $500 (30 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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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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Showing Results 1-30, Page 1 of 1

Milton, TN Local Guide

Cheapest Available Milton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milton, TN is a 2 Beds unit found at 1540 Place in the Downtown Murfreesboro neighborhood priced from $825. Cove at Center Point in the Downtown Murfreesboro neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Milton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1540 Place2 Bedroom, 2 Bathroom - SOLD OUT - Please Call2BR,2BA$825
Cove at Center PointOakland 1 Bedroom1BR,1BA$975
The SouthernThe SageStudio,1BA$999
Ashwood CoveThe Finch1BR,1BA$1,060
Birchwood Apartments1BR/1BA1BR,1BA$1,075
Cottages at Bear BranchThe CoveStudio,1BA$1,099
Chariot Pointe ApartmentsOne Bedroom Flat1BR,1BA$1,197
University Lofts2 Bedroom2BR,1BA$1,199
The Dutton Luxury ApartmentsThe Darby1BR,1BA$1,199
Slate at Ninety-SixThe Cobalt1BR,1BA$1,199

Best Value Apartments for Rent in Milton, TN and Nearby

As of April 28, 2026 the best value apartment in the Milton area is the $0.80 price per square foot 3Bed/2Bath Townhouse Model at Northfield Lodge in the in the Downtown Murfreesboro neighborhood starting from $1,599. The second greatest value Milton apartment is the 2BD 2.5BA with garage Model at Oakwood Village Townhomes starting at $1,799 with a $1.11 price per square foot in the Downtown Murfreesboro 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.
Northfield Lodge3Bed/2Bath Townhouse3BR,2BA$0.80
Oakwood Village Townhomes2BD 2.5BA with garage2BR,2.5BA$1.11
Dana Downs3 Bedroom 2.5 Bath3BR,2.5BA$1.31
The Summit TownhomesTwo Bedroom Townhome2BR,2.5BA$1.19
MAA MurfreesboroPreakness2BR,2BA$1.33
Hunters Court2 Bedroom Townhome2BR,1.5BA$1.27
NottinghamTwo Bedroom2BR,1.5BA$1.34
Birchwood Apartments1BR/1BA1BR,1BA$1.19
College CenterStudent Private Furnished 4 bed w/elec & wate4BR,4BA$0.71
College Place2 Bedroom2BR,2BA$1.00

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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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!

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Frequently Asked Questions about Cheap Milton Apartments

What is the Cheapest Studio apartment in Milton?

Currently the most affordable Cheap Studio Apartment in Milton is at The Southern listed at $999.

How much is rent for a Cheap One Bedroom Milton Apartment?

The lowest price for a Cheap One Bedroom Milton Apartment is $975 at Cove at Center Point.

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 $825 at 1540 Place.

What is the most affordable Milton Three Bedroom Apartment?

The best deal on a cheap Milton Three Bedroom Apartment rental is at Northfield Lodge and starts from $1,599.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.