Cheap Homes for Rent in Milford, MI from $1,000 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Milford.

Milford, MI Local Guide

Cheapest Neighborhoods for Apartments in Milford, MI

Pricing Updated: 03/24/2025

Current apartment rentals in the Milford, MI 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Milford$2,000$1,30082

Cheapest Available Milford Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milford, MI is a 1 Bed unit found at The Village Apartments in the Island Lake of Novi neighborhood priced from $911. Waterview Farms Apartments in the Liberty Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $965. Here is today’s list of the most affordable Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Village ApartmentsPrimrose1BR,1BA$911
Waterview Farms Apartments1x1 693sf1BR,1BA$965
Kensington Park Apartments1 Bedroom 1 Bath1BR,1BA$999

Best Value Apartments for Rent in Milford, MI and Nearby

As of March 25, 2025 the best value apartment in the Milford area is the $1.53 price per square foot Meadowood Model at Redwood Hartland in the starting from $2,024. The second greatest value Milford apartment is the Two Bedroom, Two & Half Bath - Standard Model at Ridge Valley Townhomes starting at $1,800 with a $1.38 price per square foot in the Downtown Highland neighborhood. Here is today’s list of the best values for Milford apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood HartlandMeadowood2BR,2BA$1.53
Ridge Valley TownhomesTwo Bedroom, Two & Half Bath - Standard2BR,2.5BA$1.38
Redwood White LakeForestwood2BR,2BA$1.47
Pine Ridge ApartmentsRanch2BR,2BA$1.33
Town & Country Apartments - Wixom, MIApollo2BR,1.5BA$1.53
Pendleton ParkWindsor - One Bedroom, One Bath (A)1BR,1BA$1.52
Kensington Park Apartments2 Bedroom 1 Bath2BR,1BA$1.46
Lakeshore Hilltop ApartmentsLakeview - 1 Bedroom1BR,1BA$1.55
Westgate VI101 - 1 Bdrm, 1 Bath1BR,1BA$1.42
Waterview Farms Apartments1x1 693sf1BR,1BA$1.39

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

Frequently Asked Questions about Milford

What type of rentals are currently available in Milford?

There are currently 54 Apartments for Rent in Milford, MI with pricing that ranges from $903 to $3,500. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milford ranging from $1,040 to $3,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Milford ranges from $1,040 to $3,500 with an average monthly rent of $2,202.

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.