
Cheap Homes for Rent in Milroy, IN from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Milroy.


214 W Franklin St

106 W Broadway St

316 E Franklin St

135 W Hendricks St

202 E Taylor St

422 E Main St

703 W North St

1302 E Liberty Cir

1000 W 21st St

1304 E Liberty Cir
Milroy, IN Local Guide

How much does it cost to rent a home in Milroy?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Milroy 2 Bedroom Homes for Rent | $1,856 | $1,249 | $2,995 |
Milroy 3 Bedroom Homes for Rent | $1,749 | $1,049 | $2,110 |
Milroy 4 Bedroom Homes for Rent | $2,183 | $2,045 | $2,325 |
Browse Top Homes for Rent in Milroy
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Milroy, IN Local Guide
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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 Studio apartment currently listed from $620. Here is today’s list of the most affordable Milroy apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $376 |
LINCOLN PARK APARTMENTS | Studio | Studio,1BA | $620 |
Bloomfield Apartments | Studio | Studio,1BA | $755 |
Village In The Woods | Townhouse | 2BR,1BA | $850 |
Fox Pointe Apartments | Garden | 1BR,1BA | $900 |
Best Value Apartments for Rent in Milroy, IN and Nearby
As of March 24, 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 4BR Downstairs Model at Arbor at Water's Edge starting at $1,513 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Links at Franklin | L3-SUN | 3BR,2BA | $1.16 |
Arbor at Water's Edge | 4BR Downstairs | 4BR,2BA | $1.11 |
Brixin Franklin | D1r | 3BR,2BA | $1.20 |
Stonegate | Two Bedroom Two Bath | 2BR,2BA | $1.15 |
Washington Village Apartments | The Manor | 2BR,2BA | $1.20 |
Townhomes at 28th | Two Bedroom One Bath | 2BR,1BA | $1.17 |
Village In The Woods | Townhouse | 2BR,1.5BA | $0.86 |
Williamsburg Way | The Richmond | 2BR,1BA | $1.11 |
LINCOLN PARK APARTMENTS | Two Bedrooms One Bathroom | 2BR,1BA | $0.85 |
Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $0.54 |
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Frequently Asked Questions about Milroy
What type of rentals are currently available in Milroy?
There are currently 41 Apartments for Rent in Milroy, IN with pricing that ranges from $376 to $3,121. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milroy ranging from $800 to $2,995.
What is the current price range for Rental Homes in Milroy?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Milroy ranges from $800 to $2,995 with an average monthly rent of $1,675.
How much are larger Three and Four Bedroom Rentals in Milroy?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Milroy range from $975 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,049 to $2,110. Four Bedroom Single-Family rentals are also available starting from $2,045 and Four Bedroom Apartments start at $555.
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.

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.

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.