Cheap Apartments for Rent near South Milford, IN from $300 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in South Milford.

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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Atz Place
1 to 2 Bedroom Apartments

Atz Place

301 E Wayne StKendallville, IN 46755
Senior Living
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The Watershed
Studio to 2 Bedroom Apartments

The Watershed

110 W Chicago RdSturgis, MI 49091

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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property at 216 S Cavin St

$750 - $850

1 To 2 Bedroom Rentals

Available Now

216 S Cavin St

LigonierIN46767
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Northcrest Apartments
Studio to 3 Bedroom Apartments

Northcrest Apartments

810 Regency CtAngola, IN 46703
  • Utilities Included

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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Showing Results 1-29, Page 1 of 1

South Milford, IN Local Guide

Cheapest Available South Milford Apartments for Rent and Nearby

 

The cheapest available apartment rental in South Milford, IN is a 2 Beds unit found at Drake Terrace III priced from $741. Autumn Hills II Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $875. Here is today’s list of the most affordable South Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Drake Terrace III2 Bedroom2BR,1BA$741
Autumn Hills II Apartments1 Bedroom2BR,1BA$875
Fawn River Apartments1 Bed1BR,1BA$909
North Ridge Apartments1 Bedroom1BR,1BA$911
Crosswait Estates ApartmentsTwo Bedroom2BR,1BA$919
Deerfield VillageOne Bedroom1BR,1BA$945
Stone House Apartments2 Bedroom2BR,1BA$1,005
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,035
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1,079
Quail Ridge Villas1 Bed 1 Bath Traditional Apartment -WAITLIST- 7...1BR,1BA$1,105

Best Value Apartments for Rent in South Milford, IN and Nearby

As of July 09, 2026 the best value apartment in the South Milford area is the $1.13 price per square foot Two Bedroom Model at Huntertown Apartments in the in the Outer Northside neighborhood starting from $1,695. The second greatest value South Milford apartment is the The Goldenrod - Premium Model at Reserve at Dawson's Creek starting at $1,511 with a $1.17 price per square foot in the Northwest Fort Wayne neighborhood. Here is today’s list of the best values for South Milford apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Huntertown ApartmentsTwo Bedroom2BR,2.5BA$1.13
Reserve at Dawson's CreekThe Goldenrod - Premium3BR,2BA$1.17
Emerald Pointe (55+ Senior Community)Hawthorne2BR,1.5BA$1.16
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.08
Stoughton Estates ApartmentsTwo Bedroom2BR,1BA$1.24
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.08
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1.12
Crosswait Estates ApartmentsTwo Bedroom2BR,1BA$0.96
Fawn River Apartments1 Bed1BR,1BA$0.97
Drake Terrace III2 Bedroom2BR,1BA$0.99

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 South Milford, IN Rentals by Map

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See the most popular apartments and homes in South Milford, IN

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Frequently Asked Questions about Cheap South Milford Apartments

How much is rent for a Cheap One Bedroom South Milford Apartment?

The lowest price for a Cheap One Bedroom South Milford Apartment is $909 at Fawn River Apartments.

What is the lowest price for a Cheap Two Bedroom South Milford Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Milford is starting from $741 at Drake Terrace III.

What is the most affordable South Milford Three Bedroom Apartment?

The best deal on a cheap South Milford Three Bedroom Apartment rental is at Deerfield Village and starts from $1,475.

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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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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.