Cheap Apartments for Rent in South Milford, IN from $500 (24 Rentals)

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

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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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North Ridge Apartments
1 to 3 Bedroom Apartments

North Ridge Apartments

718 N State Road 9Columbia City, IN 46725
  • Utilities Included
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The Watershed
Studio to 2 Bedroom Apartments

The Watershed

110 W Chicago RdSturgis, MI 49091
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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 $721. Cedarwood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable South Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Drake Terrace III2 Bedroom2BR,1BA$721
CedarwoodStudioStudio,1BA$775
Wallen Hills ApartmentsIvywoodStudio,1BA$818
Northcrest Apartments2 Bed 50%2BR,1BA$921
Eagle Landing Apartment Homes1BRD1BR,1BA$965

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

As of November 14, 2025 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 Riesling Model at BONTERRA APARTMENTS starting at $1,285 with a $1.13 price per square foot in the Outer Northside 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
BONTERRA APARTMENTSRiesling2BR,2BA$1.13
Emerald Pointe (55+ Senior Community)Hawthorne2BR,1.5BA$1.16
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.95
Stoughton Estates ApartmentsTwo Bedroom2BR,1BA$1.25
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.05
Crosswait Estates ApartmentsOne Bedroom1BR,1BA$1.10
Northcrest Apartments2 Bed 60%2BR,1BA$1.25
Eagle Landing Apartment Homes1BRD1BR,1BA$1.21
Drake Terrace III2 Bedroom2BR,1BA$0.96

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Frequently Asked Questions about Cheap South Milford Apartments

What is the Cheapest Studio apartment in South Milford?

Currently the most affordable Cheap Studio Apartment in South Milford is at Wallen Hills Apartments listed at $818.

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

The lowest price for a Cheap One Bedroom South Milford Apartment is $945 at Wallen Hills 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 $721 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 $1,300.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.