
Cheap Apartments for Rent in the Milwood Neighborhood of Austin, TX from $700 (86 Rentals)
Search the lowest-cost Apartments available for rent right now in the Milwood area of Austin.


Village Oaks

The Park at Walnut Creek

MAA Quarry Oaks

MAA Balcones Woods

Canyon Creek

Great Hills

Alma Arboretum
Austin's Best Affordable Neighborhoods
Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado

Madison Northridge

Highline Apartments

Stone Oak @ Parmer

Cottages at Wells Branch

10001 N Capital of Texas Hwy

Renaissance at North Bend

Museo

San Marin

Saison North

Arbor Park

Hardrock Canyon

Madison at the Arboretum

The Wayman

Park at Summers Grove

Marquis at Ladera Vista

Villas at Stone Oak Ranch

Beck at Wells Branch

Modera EaDo

Gallery at The Domain

The Village At Gracy Farms

Villages at Domain

Folio

The Estate on Quarry Lake Apartment Homes

Stonelake at the Arboretum

Magnolia Scofield Ridge

Northland at the Arboretum

Riata

Windsor Ridge

The Langdon on Parmer

33Hundred

Esperanza Domain

Residences at the Domain

Solaris House at Uptown ATX

11028 Jollyville Rd

The Copeland

The Standard at Domain Northside Apartments

Marquis at Great Hills

The Robinson on Melrose
Milwood, Austin, TX Local Guide

How much does it cost to rent an apartment in Milwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Milwood Studio Apartments | $1,575 | $975 | $3,802 |
Milwood 1 Bedroom Apartments | $1,681 | $800 | $5,282 |
Milwood 2 Bedroom Apartments | $2,217 | $1,200 | $7,003 |
Milwood 3 Bedroom Apartments | $2,731 | $1,570 | $10,000+ |
Milwood 4 Bedroom Apartments | $2,600 | $2,600 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 86 rentals with your search options within a 2 mile radius of the Milwood Neighborhood of Austin, TX.
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Milwood, Austin, TX Local Guide
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Cheapest Available Milwood Apartments for Rent
 The cheapest available apartment rental in the Milwood area of Austin, TX is a 1 Bed unit found at Trails of Walnut Creek priced from $800. Wind River Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $836. Here are the most affordable Milwood apartments for rent in Austin, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Trails of Walnut Creek | 1 Bedroom 1 Bathroom A-1 | 1BR,1BA | $800 |
Wind River Crossing | xwra1 | 1BR,1BA | $836 |
Walnut Creek Crossing | A1 | 1BR,1BA | $866 |
Milo | Eff | Studio,1BA | $871 |
Twenty15 | A1 | 1BR,1BA | $899 |
High Oaks | Poppy | 1BR,1BA | $900 |
Keystone | 1A | 1BR,1BA | $926 |
MAA Quarry Oaks | 11A-FP | 1BR,1BA | $928 |
Great Hills | The Zilker | 1BR,1BA | $930 |
The Fielder | A1AFF | 1BR,1BA | $934 |
Best Value Apartments for Rent in Milwood, TX
As of April 11, 2025 the best value apartment in the Milwood area is the $1.53 price per square foot 2 Bedroom 2 Bathroom B-2 Model at Trails of Walnut Creek in the in the Milwood neighborhood starting from $1,399. The second greatest value Milwood apartment is the B1 Model at The Robinson on Melrose starting at $1,331 with a $1.48 price per square foot in the Milwood neighborhood. Here is today’s list of the best values for Milwood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Trails of Walnut Creek | 2 Bedroom 2 Bathroom B-2 | 2BR,2BA | $1.53 |
The Robinson on Melrose | B1 | 2BR,2BA | $1.48 |
The Springs Garden Homes | A | 1BR,1BA | $1.53 |
Park at Summers Grove | 29-1/1c | 1BR,1BA | $1.35 |
The Wayman | A2 | 1BR,1BA | $1.47 |
The Olivine | 1B1B | 1BR,1BA | $1.38 |
The Park at Walnut Creek | A2 | 1BR,1BA | $1.36 |
Elysium Grand LLP | A1 | 1BR,1BA | $1.44 |
Village Oaks | Willow | 1BR,1BA | $1.45 |
MAA Quarry Oaks | 11A-FP | 1BR,1BA | $1.49 |
Quick Rent Budget Calculator
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Lifestyle Ratings
This website is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Texas and customized analysis for Austin, Texas. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.
Getting Around the Milwood Neighborhood in Austin, TX
Walk Score®
45 / 100
Car-Dependent
Most errands require a car
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
6 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Milwood Apartments
What is the Cheapest Studio apartment in Milwood?
Currently the most affordable Cheap Studio Apartment in Milwood is at Milo listed at $875.
How much is rent for a Cheap One Bedroom Milwood Apartment?
The lowest price for a Cheap One Bedroom Milwood Apartment is $800 at Trails of Walnut Creek.
What is the lowest price for a Cheap Two Bedroom Milwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Milwood is starting from $1,199 at Elysium Grand LLP.
What is the most affordable Milwood Three Bedroom Apartment?
The best deal on a cheap Milwood Three Bedroom Apartment rental is at Elysium Grand LLP and starts from $1,200.
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.

The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.