Cheap Homes for Rent in Milan, IN from $1,000 (9 Rentals)

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Cheap Homes in Milan.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Milan, IN Local Guide

Cheapest Available Milan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milan, IN is a 2 Beds unit found at Sparrow Ridge in the Thornwilde Seasons neighborhood priced from $461. Village In The Woods has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Milan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sparrow Ridge2 Bedroom2BR,1BA$461
Village In The WoodsApartment2BR,1BA$700
Richardson Place Apartments1 Bedroom1BR,1BA$795

Best Value Apartments for Rent in Milan, IN and Nearby

As of May 08, 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 $1,325 with a $0.96 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$0.96
South Pointe Townhomes3 Bedroom Garden3BR,2BA$1.21
Village In The WoodsTownhouse2BR,1.5BA$0.86
Tuscany Bay Apartments2 Bedroom2BR,2BA$1.21
Richardson Place Apartments2 Bedroom2BR,1BA$1.24
Sky Harbor Apartments1 Bed Sunset Square1BR,1BA$1.41
Sparrow Ridge2 Bedroom2BR,1BA$0.56
Huntley Ridge ApartmentsOne Bedroom One Bathroom1BR,1BA$1.21
Cedar Hill Apartments1 Bedroom1BR,1BA$1.38

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Frequently Asked Questions about Milan

What type of rentals are currently available in Milan?

There are currently 44 Apartments for Rent in Milan, IN with pricing that ranges from $461 to $3,555. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milan ranging from $1,025 to $5,500.

What is the current price range for Rental Homes in Milan?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Milan ranges from $1,025 to $5,500 with an average monthly rent of $1,863.

How much are larger Three and Four Bedroom Rentals in Milan?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Milan range from $975 to $3,555, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,299 to $3,199. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $1,462.

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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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.