Cheap Homes for Rent in Milwood Neighborhood of Austin, TX from $1,000 (24 Rentals)

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

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1802 Prairie Knoll Ct

AustinTX78758

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Milwood, Austin, TX Local Guide

How much does it cost to rent a home in Milwood?

Bedroom	Average Rent	Cheapest Rent	Highest Rent
Milwood 2 Bedroom Homes for Rent	$1,803	$1,125	$2,900
Milwood 3 Bedroom Homes for Rent	$2,355	$1,395	$5,200
Milwood 4 Bedroom Homes for Rent	$3,157	$2,200	$4,300
Milwood 6 Bedroom Homes for Rent	$4,750	$4,750	$4,750

Browse Homes for Rent in this Neighborhood

There are currently 24 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 $773. Wind River Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Milwood apartments for rent in Austin, TX:

Apartment Listing	Model Name	Bed/Bath	Priced From
Walnut Creek Crossing	A1	1BR,1BA	$773
Wind River Crossing	xwra1	1BR,1BA	$795
Milo	Eff	Studio,1BA	$826
Madison Northridge	A1	1BR,1BA	$830
High Oaks	Sundrop	1BR,1BA	$905

Best Value Apartments for Rent in Milwood, TX

As of April 27, 2025 the best value apartment in the Milwood area is the $1.36 price per square foot 2 Bedroom 2 Bathroom B-1 Model at Trails of Walnut Creek in the in the Milwood neighborhood starting from $1,199. The second greatest value Milwood apartment is the A Model at The Springs Garden Homes starting at $1,325 with a $1.53 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-1	2BR,2BA	$1.36
The Springs Garden Homes	A	1BR,1BA	$1.53
Canyon Creek	Balcones	2BR,2BA	$1.50
The Wayman	A2	1BR,1BA	$1.37
The Olivine	1B1B	1BR,1BA	$1.44
The Park at Walnut Creek	A2	1BR,1BA	$1.36
Elysium Grand LLP	A1	1BR,1BA	$1.44
Village Oaks	Willow	1BR,1BA	$1.47
MAA Quarry Oaks	11A-FP	1BR,1BA	$1.51
Walnut Creek Crossing	A1	1BR,1BA	$1.52

Frequently Asked Questions about Milwood

What type of rentals are currently available in Milwood?

There are currently 123 Apartments for Rent in Milwood, TX with pricing that ranges from $825 to $11,796. There are also 96 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milwood ranging from $1,099 to $5,200.

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 $1,099 to $5,200 with an average monthly rent of $2,666.

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 $1,395 to $5,200. 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.