Cheap Apartments for Rent in Milltown, IN from $300 (8 Rentals)

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

property at 1002 E Main St

1002 E Main St

New AlbanyIN47150

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.

Milltown, IN Local Guide

Cheapest Available Milltown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milltown, IN is a Studio unit found at Brookview Glen in the Portland neighborhood priced from $378. Madison Apartments in the Portland neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $745. Here is today’s list of the most affordable Milltown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookview GlenStudioStudio,1BA$378
Madison Apartments2 Bedroom2BR,1BA$745
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$759

Best Value Apartments for Rent in Milltown, IN and Nearby

As of April 29, 2025 the best value apartment in the Milltown area is the $0.89 price per square foot Two Bedroom Two Bath Model at Sheffield Square in the in the Downtown New Albany neighborhood starting from $1,192. The second greatest value Milltown apartment is the Villas of Heritage Springs Apartments Model at Heritage Springs Rentals starting at $1,200 with a $1.03 price per square foot . Here is today’s list of the best values for Milltown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sheffield SquareTwo Bedroom Two Bath2BR,2BA$0.89
Heritage Springs RentalsVillas of Heritage Springs Apartments2BR,2BA$1.03
Harrison ApartmentsSecond Floor2BR,2BA$1.11
Bayshore TownhomesFirefly2BR,1.5BA$0.94
Plaza Square Apartments2x12BR,1BA$1.00
Stone Creek Apartments I & II2 Bed 1 Bath2BR,1BA$0.95
High Park Apartments2 Bedroom2BR,1BA$0.99
Madison Apartments2 Bedroom2BR,1BA$0.93
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.95
Brookview GlenStudioStudio ,1BA$0.95

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Location, Location, Location!

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Getting Around Milltown, IN

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

9 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Milltown Apartments

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

The lowest price for a Cheap One Bedroom Milltown Apartment is $549 at Brookview Glen.

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

Today's best deal for a Cheap Two Bedroom Apartment in Milltown is starting from $745 at Madison Apartments.

What is the most affordable Milltown Three Bedroom Apartment?

The best deal on a cheap Milltown Three Bedroom Apartment rental is at Heritage Springs Rentals and starts from $1,300.

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.

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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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.