
Cheap Apartments for Rent in Milton, WI from $600 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Milton.


Meadowridge Apartments

Homestead Apartments

Total Monthly Price
The Berg

343-343 College St

Jamesway Apartments

618 Mary Lane, Milton, WI 53563

Parkview Terrace Apartments

The Element Student Housing
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.

Blackhawk Manor

Palmer House Apartments

Seville Apartments

Village Green East Apartments

Janesville Riverplace

96 East Apartments

Carriage Hills Apartments

291 North

Franklin Mill Apartments
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.

Crown Ridge Apartments

Alpine Haus LLC

500 N Tratt St

Tobacco Row Lofts and Townhomes

Walnut Grove APTS LLC

Diamond Ridge Apartments

Monterey Apartments

Woodsview Apartments

The Idylwood
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.

Hawks Nest Apartments

320 Highland Ave

4256 Fox Hills Ct

817 Glen St

159 S Jackson St

15 N High St

Washington Highlands LLC

430 E Racine St

522 S Academy St
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.

821 George Ave

1211 Riesch Road

1052 8th St
Milton, WI Local Guide

How much does it cost to rent an apartment in Milton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milton Studio Apartments | $1,281 | $975 | $1,480 |
| Milton 1 Bedroom Apartments | $1,368 | $800 | $2,000 |
| Milton 2 Bedroom Apartments | $1,729 | $990 | $2,750 |
| Milton 3 Bedroom Apartments | $1,844 | $760 | $2,575 |
| Milton 4 Bedroom Apartments | $1,431 | $610 | $2,260 |
Browse Top Apartments in Milton
See all Apartments in MiltonExplore Milton
Milton, WI Local Guide
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Cheapest Available Milton Apartments for Rent and Nearby
 The cheapest available apartment rental in Milton, WI is a 4 Beds unit found at The Element Student Housing in the Walworth County neighborhood priced from $610. Blackhawk Manor in the Walworth County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Milton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Element Student Housing | One Room in a 4BR/2BA Standard | 4BR,2BA | $610 |
| Blackhawk Manor | 1 Bed / 1 Bath | 1BR,1BA | $800 |
| Seville Apartments | Studio | Studio,1BA | $975 |
| Village Green East Apartments | Single | 1BR,1BA | $1,000 |
| Janesville Riverplace | 1 Bed 1 Bath (D) | 1BR,1BA | $1,050 |
| 96 East Apartments | B1-96 GP | 1BR,1BA | $1,050 |
| Carriage Hills Apartments | One-Bed | 1BR,1BA | $1,100 |
| Franklin Mill Apartments | 1BR/1.0BA | 1BR,1BA | $1,125 |
| 291 North | 1 Bedroom 1 Bath | 1BR,1BA | $1,125 |
| Alpine Haus LLC | 2 Bed/ 1 Bath A | 2BR,1BA | $1,155 |
Best Value Apartments for Rent in Milton, WI and Nearby
As of August 17, 2026 the best value apartment in the Milton area is the $0.88 price per square foot 509 Crandall St Model at 509 Crandall St, Unit Crandall St. in the starting from $1,750. The second greatest value Milton apartment is the Townhouse Three bed Semester Model at Prairie Place Apartments starting at $750 with a $0.51 price per square foot in the Walworth County 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. |
|---|---|---|---|
| 509 Crandall St, Unit Crandall St. | 509 Crandall St | 3BR,1.5BA | $0.88 |
| Prairie Place Apartments | Townhouse Three bed Semester | 3BR,2BA | $0.51 |
| 710 Campus St | D1 1,449 SqFt | 3BR,1BA | $1.19 |
| Campus Park Apartments | D1 1,449 SqFt | 3BR,1BA | $1.19 |
| Springbrook Apartments | 3 Bed 2 Bath | 3BR,2BA | $1.25 |
| The Berg | 3 Bed / 2 Bath | 3BR,2BA | $1.37 |
| Palmer House Apartments | 2BR/ 2BA | 2BR,2BA | $1.10 |
| Lakeview at the Legion | Terrace Lake | 2BR,2BA | $1.45 |
| The Element Student Housing | One Room in a 3BR/2BA | 3BR,2BA | $0.92 |
| Blackhawk Manor | 1 Bed / 1 Bath | 1BR,1BA | $1.12 |
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.
Read ArticleReal 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.
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, WI Rentals by Map
See the most popular apartments and homes in Milton, WI
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 Seville Apartments listed at $975.
How much is rent for a Cheap One Bedroom Milton Apartment?
The lowest price for a Cheap One Bedroom Milton Apartment is $800 at Blackhawk Manor.
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 $990 at Blackhawk Manor.
What is the most affordable Milton Three Bedroom Apartment?
The best deal on a cheap Milton Three Bedroom Apartment rental is at The Element Student Housing and starts from $760.
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

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.

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.