Cheap Apartments for Rent in Milton, KY

4 rentals

Apartments For Rent Near Milton, KY

We found 30 more apartments matching your filters just outside Milton

Average Rent Trends in Milton, KY

Rent in Milton, KY varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Nov 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Oct 2025$1,574
Nov 2025$1,250
Dec 2025$1,810
Jan 2026$1,702
Feb 2026$1,750
Mar 2026$1,505
Apr 2026$1,719
May 2026$1,566
Aug 2026$1,450
Sep 2026$1,450
Oct 2026$1,300
Nov 2026$1,300
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$950$1,300$1,657—$1,300
Apartments and Condos$950$1,300——$1,300
Houses——$1,657—$1,657

Frequently Asked Questions about Rentals in Milton, KY

  • What is the average rent of an apartment in Milton, KY?
    The average rent of an apartment in Milton, KY is $1,300 per month. This is about 33% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Milton, KY?
    Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $990 per month.
  • How many cheap apartments are available in Milton, KY?
    There are 3 apartments to rent that are cheaper than the city’s average rent of $1,300.
  • When is the average rent most expensive in Milton, KY?
    In the last year, the average rent in Milton, KY was highest in Jun 2025 when it was $1,990 per month.
  • What are some zip codes in Milton, KY?
    Milton, KY includes zip codes such as: 40045.
  • What are some cities near Milton, KY?
    Some nearby cities include: Brooksburg, Hanover, Bedford, Prestonville, Madison. These cities may have more rental options to explore.