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Apartments for Rent in Milford, IA under $1500


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  • 7 units available
    2 bd $800
    3 bd $900
    Base rent Income restricted
    Verified Listing

    River West Apartments

    4.5 (5)
    674 Terrace Park Blvd., Milford, IA 51351
    Apply online • Fitness center • In unit laundry
  • Ask for pricing
    Income restricted
    Verified Listing

    CHI Milford

    403/405 Q Ave, Milford, IA 51351
    In unit laundry
  • More Rentals Near Milford, IA

  • 7 units available
    2 bd $705
    3 bd $805
    Base rent Income restricted
    3.5 (1)
    2300-2302 Sunner Ave, Spirit Lake, IA 51360
    Apply online • Air conditioner • Washer/Dryer
  • Only 2 units left
    1 bd $650
    2 bd $745
    Base rent Income restricted
    Verified Listing

    The Antlers Apartments

    4.0 (1)
    1703 Hill Ave, Spirit Lake, IA 51360
    Apply online • Dishwasher • Air conditioner
  • Only 3 units left
    2 bd $740
    3 bd $845
    Base rent Income restricted
    Verified Listing

    Lakewood Court

    607 15Th St, Spirit Lake, IA 51360
    Apply online • Parking • In unit laundry
  • Only 2 units left
    1 bd $580
    2 bd $655
    Base rent Income restricted
    212 E 4Th Street, Lake Park, IA 51347
    Apply online • Pet friendly • Parking
  • Only 2 units left
    1 bd $625
    2 bd $745
    Base rent Income restricted
    104 E 4Th St, Spencer, IA 51301
    Apply online • Fitness center • Dishwasher
  • 4 units available
    3 bd $790+
    Base rent Income restricted
    902 13Th St. SW, Spencer, IA 51301
    Apply online • Parking • Dishwasher
  • Only 2 units left
    3 bd $685
    Base rent Income restricted
    Verified Listing

    Hartland Apartments

    210 N 8Th St., Hartley, IA 51346
    Apply online • Parking • In unit laundry
  • 10 units available
    Ask for Pricing
    Income restricted
    Verified Listing

    Sunset Apartments

    118 E 21St St, Spencer, IA 51301
    Apply online • Pet friendly • Dishwasher
  • Only 1 unit left
    Ask for Pricing
    Income restricted
    503 E 19Th St, Spencer, IA 51301
    Apply online • Pet friendly • Fitness center
  • 2-9-city



Frequently asked questions

When were prices and availability in Milford, IA last updated?

Prices and availability in Milford, IA were last updated on 24 Aug 2026.

What are the best apartments in Milford, IA?

The best apartments in Milford, IA are: River West Apartments and CHI Milford.

What type of rental buildings are in Milford, IA?

In Milford, 30% of the residents are renting compared to 70% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Milford's rentals, 76% are small-scale complexes with under 50 units, and 20% are single-family rentals.

Apartments in Milford, IA under $1,500

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $1,500?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 41 apartments for rent in Milford, IA on which you’ll spend less than $1,500. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $1,500

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $1,500. The average rental size in Milford, IA is 877 Sqft, but the $1,500 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.