Cheap Apartments for Rent in Milan, IL from $600 (48 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 Milan.

close
View Me
Spencer Towers
1 Bedroom Apartments

Spencer Towers

111 20th StRock Island, IL 61201
  • Utilities Included
close
View Me
Maple Ridge Apartments
1 to 3 Bedroom Apartments

Maple Ridge Apartments

3700 5th StRock Island, IL 61201
  • Utilities Included
close
View Me
Midvale Apartments
2 Bedroom Apartments

Midvale Apartments

3800-3850 25th StMoline, IL 61265
  • Utilities Included
close
View Me
Valley View
1 to 2 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
  • Utilities Included
close
View Me
Westwood Terrace
1 to 2 Bedroom Apartments

Westwood Terrace

2200 1st Street AMoline, IL 61265
Senior Living
  • Utilities Included
Showing Results 1-48, Page 1 of 1

Milan, IL Local Guide

Cheapest Available Milan Apartments for Rent

 

The cheapest available apartment rental in Milan, IL is a 1 Bed unit found at RIVERWALK LOFTS in the Vander Veer Park neighborhood priced from $620. Pine Ridge in the Villa Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here is today’s list of the most affordable Milan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$620
Pine Ridges-mulberStudio,1BA$695
Cotton Mill Apartments1 Bed, 1 bath1BR,1BA$700
Butterworth Apartments1 Bed, 1 bath1BR,1BA$700
LaFayette SquareThe Vega2BR,1BA$720
Carriage Hill Apartments1 Bedroom1BR,1BA$725
Shire and Rivendell Apartments1BR/1BA1BR,1BA$725
Crescent LoftsIncome Restricted1BR,1BA$760
Timber Ridge Apartments1BR/1.0BA1BR,1BA$775
Pershing Hill LoftsStudioStudio,1BA$818

Best Value Apartments for Rent in Milan, IL

As of March 25, 2025 the best value apartment in the Milan area is the $0.75 price per square foot 1bd/1ba Model at Davenport Bank Apartments in the in the Vander Veer Park neighborhood starting from $900. The second greatest value Milan apartment is the The Fairlane Model at LaFayette Square starting at $1,195 with a $1.13 price per square foot in the Vander Veer Park neighborhood. Here is today’s list of the best values for Milan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Davenport Bank Apartments1bd/1ba1BR,1BA$0.75
LaFayette SquareThe Fairlane3BR,2BA$1.13
LeClaireThe Sinatra2BR,1BA$1.01
Garfield School Senior Residences1 Bedroom, 1 Bath1BR,1BA$0.98
2500 25th St, Unit Apartment #122500 25th St2BR,1BA$1.06
Carriage Hill Apartments1 Bedroom1BR,1BA$1.02
Cotton Mill Apartments1 Bed, 1 bath1BR,1BA$1.00
Crescent LoftsIncome Restricted1BR,1BA$1.10
Timber Ridge Apartments1BR/1.0BA1BR,1BA$1.15
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$0.95

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

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Milan, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Milan, IL

View MapMilan, IL Apartments MapView MapMilan, IL Rental Homes Map

Getting Around Milan, IL

Walk Score®

37 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

2 / 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 Milan Apartments

What is the Cheapest Studio apartment in Milan?

Currently the most affordable Cheap Studio Apartment in Milan is at Pine Ridge listed at $695.

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

The lowest price for a Cheap One Bedroom Milan Apartment is $620 at RIVERWALK LOFTS.

What is the lowest price for a Cheap Two Bedroom Milan Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Milan is starting from $720 at LaFayette Square.

What is the most affordable Milan Three Bedroom Apartment?

The best deal on a cheap Milan Three Bedroom Apartment rental is at LaFayette Square and starts from $1,195.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

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.