Cheap Apartments for Rent in Milroy, IN from $300 (13 Rentals)

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

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.

property at 202 E Taylor St

202 E Taylor St

ShelbyvilleIN46176

Milroy, IN Local Guide

Cheapest Available Milroy Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milroy, IN is a 1 Bed unit found at Grand Avenue Commons priced from $376. LINCOLN PARK APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $449. Here is today’s list of the most affordable Milroy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$376
LINCOLN PARK APARTMENTSOne Bedroom One Bathroom1BR,1BA$449
Village In The WoodsApartment2BR,1BA$700
Bloomfield ApartmentsOne Bedroom1BR,1BA$775
Beckford PlaceOne Bed One Bath1BR,1BA$799

Best Value Apartments for Rent in Milroy, IN and Nearby

As of April 25, 2025 the best value apartment in the Milroy area is the $1.16 price per square foot L3-SUN Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $2,200. The second greatest value Milroy apartment is the 3BR Downstairs Model at Arbor at Water's Edge starting at $1,360 with a $1.11 price per square foot . Here is today’s list of the best values for Milroy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Links at FranklinL3-SUN3BR,2BA$1.16
Arbor at Water's Edge3BR Downstairs3BR,2BA$1.11
Townhomes at 28thThree Bedroom One Bath3BR,1BA$1.07
Washington Village ApartmentsThe Gable2BR,2BA$1.19
StonegateTwo Bedroom Two Bath2BR,2BA$1.20
Briarwood of ColumbusTwo Bedroom Townhome2BR,1.5BA$1.16
Village In The WoodsTownhouse2BR,1.5BA$0.86
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.03
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.85
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$0.54

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Milroy, IN Rentals by Map

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Getting Around Milroy, IN

Walk Score®

4 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Milroy Apartments

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

The lowest price for a Cheap One Bedroom Milroy Apartment is $376 at Grand Avenue Commons.

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

Today's best deal for a Cheap Two Bedroom Apartment in Milroy is starting from $459 at Grand Avenue Commons.

What is the most affordable Milroy Three Bedroom Apartment?

The best deal on a cheap Milroy Three Bedroom Apartment rental is at Jamestown Village 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.