Cheap Apartments for Rent in Milan, IN from $600 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in Milan.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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Milan, IN Local Guide

Cheapest Available Milan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milan, IN is a 1 Bed unit found at Richardson Place Apartments in the Thornwilde Seasons neighborhood priced from $795. Village In The Woods has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Milan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Richardson Place Apartments1 Bedroom1BR,1BA$795
Village In The WoodsTownhouse2BR,1BA$850
Huntley Ridge ApartmentsOne Bedroom One Bathroom1BR,1BA$850
Cedar Hill Apartments1 Bedroom1BR,1BA$895
Meadowbrook Apartments2 Bedroom 1 Bathroom2BR,1BA$975
Indian FootprintsThunderbird1BR,1BA$1,053
Depot Square FlatsMitchell, Unit F1BR,1BA$1,100
Sparrow Ridge2 Bedroom2BR,1BA$1,144
Whiskey RiverS1Studio,1BA$1,155
Cascade Ridge1-Bedroom, 1-Bath1BR,1BA$1,195

Best Value Apartments for Rent in Milan, IN and Nearby

As of April 17, 2025 the best value apartment in the Milan area is the $1.35 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at Hopeful Trace Townhomes in the in the Cody Meadows neighborhood starting from $2,300. The second greatest value Milan apartment is the 2 Bed 2 Bath Model at Sanctuary Place starting at $1,340 with a $0.97 price per square foot in the Thornwilde Seasons 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.
Hopeful Trace Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.35
Sanctuary Place2 Bed 2 Bath2BR,2BA$0.97
South Pointe Townhomes3 Bedroom Garden3BR,2BA$1.13
The Woods of Oakbrook2 Bed 1.5 Bath2BR,1.5BA$1.05
Village In The WoodsTownhouse2BR,1.5BA$0.86
Tuscany Bay Apartments2 Bedroom2BR,2BA$1.21
Richardson Place Apartments2 Bedroom2BR,1BA$1.24
Sparrow Ridge2 Bedroom2BR,1BA$1.39
Huntley Ridge ApartmentsOne Bedroom One Bathroom1BR,1BA$1.21
Cedar Hill Apartments1 Bedroom1BR,1BA$1.38

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Getting Around Milan, IN

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

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

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

The lowest price for a Cheap One Bedroom Milan Apartment is $795 at Richardson Place Apartments.

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 $850 at Village In The Woods.

What is the most affordable Milan Three Bedroom Apartment?

The best deal on a cheap Milan Three Bedroom Apartment rental is at South Pointe Townhomes and starts from $1,214.

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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.

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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.