
Cheap Apartments for Rent in Milford, IL from $500 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Milford.


Falcon Way Townhomes

Brunswick Apartments

Country Manor Apartments

Urbana Estates

Townway Place

Golfview Village

2204 Alpha Dr

The Grove

Carisbrooke Apartments

Prairie Green Apartment Homes

University Park

Devonshire Village

Town and Country

Eastland Apartments

Wabash Lofts

271 River Road by Weida Apartments

South Pointe Commons

Stratford II

The Vintage

414 Front St

1135 N Jackson St

1002 Moore St

924 N Bowman Ave

125 Kentucky Ave

36 Lake St

232 S Virginia Ave

619 Harmon St

17 Fairweight Ave

133 S Griffin St

1020 Robinson St

555 S Schuyler Ave

1103 Koehn Dr

1320 McCullough St

12 S Virginia Ave

128 E Park St

107 State St N

1215 Chandler St

9 Cronkhite Ave

103 Pennsylvania Ave

363 E Hickory St

325 W Station St

207 S Elm Ave

1745 E Duane Blvd

1003 E Main St
Milford, IL Local Guide

How much does it cost to rent an apartment in Milford?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Milford Studio Apartments | $1,524 | $525 | $1,969 |
Milford 1 Bedroom Apartments | $1,794 | $611 | $4,181 |
Milford 2 Bedroom Apartments | $1,809 | $699 | $4,780 |
Milford 3 Bedroom Apartments | $1,977 | $821 | $3,583 |
Milford 4 Bedroom Apartments | $1,455 | $1,000 | $3,300 |
Browse Top Apartments in Milford
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Milford, IL Local Guide
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Cheapest Neighborhoods for Apartments in Milford, IL
Pricing Updated: 03/21/2025Current apartment rentals in the Milford, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Milford Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
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Cheapest Available Milford Apartments for Rent and Nearby
 The cheapest available apartment rental in Milford, IL is a Studio unit found at Brookhaven priced from $525. Brunswick Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Milford apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Brookhaven | Studio | Studio,1BA | $525 |
Brunswick Apartments | Studio | Studio,1BA | $625 |
Country Manor Apartments | 1BR/1.0BA | 1BR,1BA | $649 |
The Grove | 1 Bed 1 Bath | 1BR,1BA | $726 |
Falcon Way Townhomes | Two Bedroom Townhome | 2BR,1BA | $774 |
Prairie Green Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $775 |
Devonshire Village | 1 Bed 1 Bath | 1BR,1BA | $849 |
Crestview Apartments | Crestview III | Studio,1BA | $870 |
Town and Country | Danbury | 1BR,1BA | $870 |
Eastland Apartments | Studio Apartment | Studio,1BA | $875 |
Best Value Apartments for Rent in Milford, IL and Nearby
As of March 21, 2025 the best value apartment in the Milford area is the $0.40 price per square foot Three Bedroom Standar Model at Capstone Quarters in the in the Midtown Champaign neighborhood starting from $560. The second greatest value Milford apartment is the 4x3 D Model at Hub on Campus West Lafayette starting at $1,395 with a $1.13 price per square foot in the Downtown Lafayette neighborhood. Here is today’s list of the best values for Milford apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Capstone Quarters | Three Bedroom Standar | 3BR,3BA | $0.40 |
Hub on Campus West Lafayette | 4x3 D | 4BR,3BA | $1.13 |
Devonshire Village | 2 Bed 2 Bath Private Entry | 2BR,2BA | $1.21 |
Crosswalk Commons | 4 Bedroom 2 Bath | 4BR,2BA | $0.69 |
202 E Crockett | 2 Bedroom | 2BR,1BA | $1.05 |
Country Manor Apartments | 1BR/1.0BA | 1BR,1BA | $0.76 |
Falcon Way Townhomes | Two Bedroom Townhome | 2BR,1BA | $0.96 |
The Grove | 1 Bed 1 Bath | 1BR,1BA | $0.97 |
Prairie Green Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $1.20 |
Brookhaven | 1 Bed/ 1 Bath | 1BR,1BA | $1.54 |
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Getting Around Milford, IL
Walk Score®
32 / 100
Car-Dependent
Most errands require a car
Bike Score®
36 / 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 Milford Apartments
What is the Cheapest Studio apartment in Milford?
Currently the most affordable Cheap Studio Apartment in Milford is at Brookhaven listed at $525.
How much is rent for a Cheap One Bedroom Milford Apartment?
The lowest price for a Cheap One Bedroom Milford Apartment is $649 at Country Manor Apartments.
What is the lowest price for a Cheap Two Bedroom Milford Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Milford is starting from $699 at Country Manor Apartments.
What is the most affordable Milford Three Bedroom Apartment?
The best deal on a cheap Milford Three Bedroom Apartment rental is at Falcon Way Townhomes and starts from $821.
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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.

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.