Cheap Apartments for Rent in the Milwood Neighborhood of Austin, TX from $700 (79 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Milwood area of Austin.

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

Read Article
close
View Me
11900 Alpheus Ave
$1,2952 Bedroom, 2 Bath RentalsAvailable Now

11900 Alpheus Ave

Austin, TX 78759
View Details
Showing Results 1-50, Page 1 of 2

Milwood, Austin, TX Local Guide

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 Wind River Crossing priced from $815. Village Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. Here are the most affordable Milwood apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Wind River Crossingxwrb11BR,1BA$815
Village OaksWillow1BR,1BA$885
Radius at The DomainA21BR,1BA$914
Twenty15A11BR,1BA$919
Keystone1A1BR,1BA$921
Great HillsThe Zilker1BR,1BA$930
Madison NorthridgeA11BR,1BA$940
Bridge at Waters Parkunit1BR,1BA$949
Melrose Trail ApartmentsA1R1BR,1BA$949
The Park at Walnut CreekA11BR,1BA$950

Best Value Apartments for Rent in Milwood, TX

As of February 14, 2025 the best value apartment in the Milwood area is the $1.28 price per square foot B1 Model at The Robinson on Melrose in the in the Milwood neighborhood starting from $1,154. The second greatest value Milwood apartment is the 1 Bed 1 Bath 898 Square Feet Model at Bridge at Waters Park starting at $1,369 with a $1.54 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Robinson on MelroseB12BR,2BA$1.28
Bridge at Waters Park1 Bed 1 Bath 898 Square Feet1BR,1BA$1.54
Saison NorthB12BR,2BA$1.41
The WaymanA21BR,1BA$1.29
The Olivine1B1B1BR,1BA$1.38
High OaksSunflower1BR,1BA$1.55
Elysium Grand LLPA11BR,1BA$1.44
Trails of Walnut Creek1 Bedroom 1 Bathroom A-31BR,1BA$1.52
Village OaksWillow1BR,1BA$1.36
Radius at The DomainA11BR,1BA$1.55

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.

decorative image of people with a giant lease agreement

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 Henry Heights listed at $959.

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

The lowest price for a Cheap One Bedroom Milwood Apartment is $815 at Wind River Crossing.

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 $1,126 at Walnut Creek Crossing.

What is the most affordable Milwood Three Bedroom Apartment?

The best deal on a cheap Milwood Three Bedroom Apartment rental is at Radius at The Domain and starts from $1,434.

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 The 10 Best Affordable Neighborhoods in Austin, TX article

The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Navigating the World of Low-Income Housing: A Comprehensive Guide article

Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.