4805 Rustown Dr
AustinTX78727
Cheap Homes for Rent in Milwood Neighborhood of Austin, TX from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Milwood area of Austin.
2201 North Shields Dr
AustinTX78727
12166 Metric Blvd
AustinTX78758
4300 Acropolis Ct
AustinTX78759
11907 Alpheus Ave
AustinTX78759
11909 Alpheus Ave
AustinTX78759
3508 Adelphi Ln
AustinTX78727
2320 Gracy Farms Ln
AustinTX78758
11900 Alpheus Ave
AustinTX78759
5635 1/2 Diehl Trail
AustinTX78727
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
10043 N Capital of Texas Hwy
AustinTX78759
11028 Jollyville Rd
AustinTX78759
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Milwood, Austin, TX Local Guide
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How much does it cost to rent a home in Milwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milwood 2 Bedroom Homes for Rent | $1,697 | $1,050 | $2,650 |
| Milwood 3 Bedroom Homes for Rent | $2,331 | $1,450 | $4,250 |
| Milwood 4 Bedroom Homes for Rent | $2,926 | $2,200 | $4,250 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Milwood Neighborhood of Austin, TX.
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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 Walnut Creek Crossing priced from $825. Madison Northridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here are the most affordable Milwood apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Walnut Creek Crossing | A2 | 1BR,1BA | $825 |
| Madison Northridge | A1 | 1BR,1BA | $830 |
| Wind River Crossing | xwra1 | 1BR,1BA | $831 |
| Milo | Eff | Studio,1BA | $868 |
| Great Hills | The Zilker | 1BR,1BA | $895 |
Best Value Apartments for Rent in Milwood, TX
As of April 06, 2025 the best value apartment in the Milwood area is the $1.35 price per square foot 29-3/2 Model at Park at Summers Grove in the in the Milwood neighborhood starting from $1,570. The second greatest value Milwood apartment is the Primrose Model at Renaissance at North Bend starting at $1,417 with a $1.45 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. |
|---|---|---|---|
| Park at Summers Grove | 29-3/2 | 3BR,2BA | $1.35 |
| Renaissance at North Bend | Primrose | 2BR,2BA | $1.45 |
| Trails of Walnut Creek | 2 Bedroom 2 Bathroom B-2 | 2BR,2BA | $1.53 |
| The Park at Walnut Creek | B1 | 2BR,1BA | $1.34 |
| The Robinson on Melrose | B1 | 2BR,2BA | $1.41 |
| Marquis at Great Hills | 1D | 1BR,1BA | $1.54 |
| The Olivine | 1B1B | 1BR,1BA | $1.40 |
| Elysium Grand LLP | A1 | 1BR,1BA | $1.44 |
| Village Oaks | Willow | 1BR,1BA | $1.46 |
| MAA Quarry Oaks | 11A-FP | 1BR,1BA | $1.52 |
Frequently Asked Questions about Milwood
What type of rentals are currently available in Milwood?
There are currently 125 Apartments for Rent in Milwood, TX with pricing that ranges from $800 to $11,796. There are also 96 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milwood ranging from $500 to $4,250.
What is the current price range for Rental Homes in Milwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Milwood ranges from $500 to $4,250 with an average monthly rent of $2,012.
How much are larger Three and Four Bedroom Rentals in Milwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Milwood range from $1,570 to $11,796, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $4,250. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,600.
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.