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Milton, WI Homes for Rent

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  • /33

    Starting at $1,015 Per Month

    • 1 - 3 Beds

    507 Campus St, Milton, WI 53563

    Welcome to Campus Park Apartments, your new home in the heart of Milton, WI. Our pet-friendly community offers a range of amenities designed to enhance your living experience. Enjoy the convenience of extra storage space for all your belongings and a fitness center to keep up with your active lifestyle. We understand that emergencies can happen at any time, which is why we offer 24-hour emergency

    Campus Park Apartments

    (608) 580-5420

    507 Campus St, Milton, WI 53563
  • /20

    Starting at $1,005 Per Month

    • 1 - 2 Beds

    885 Arthur Dr, Milton, WI 53563

    Meadowridge Apartments is located at 877 Arthur Drive MILTON, WI and is managed by Premier Real Estate Management L.L.C., a reputable property management company with verified listings on RENTCafe. Meadowridge Apartments offers 1 to 2 bedroom apartments ranging in size from 708 to 1146 sq.ft. Amenities include Air Conditioner, Ceiling Fan, Dishwasher, Disposal, Garage and more. This rental

    Meadowridge Apartments

    (608) 530-1258

    885 Arthur Dr, Milton, WI 53563
  • /32

    Starting at $1,150

    Total Monthly Price

    • 1 - 3 Beds

    899 Chapel Dr, Milton, WI 53563

    Discover the comfort and charm of The Berg, a community designed with you in mind. Coming May 2026, The Berg introduces a brand-new, modern rental experience in the heart of Milton, Wisconsin. This thoughtfully designed home combines clean, contemporary finishes with everyday conveniences, creating a welcoming space that’s perfect for comfortable, low-maintenance living.From bright, open

    The Berg

    (608) 602-3965

    899 Chapel Dr, Milton, WI 53563
  • /20

    Starting at $1,249 Per Month

    • 2 Beds

    167-195 N Janesville St, Milton, WI 53563

    Discover comfortable, convenient living in the heart of Milton, Wisconsin.These well-appointed 2-bedroom apartments are designed to make everyday life easy and enjoyable.Each unit features:-Central air conditioning for year-round comfort-Fully equipped kitchen with range, refrigerator, and dishwasher-Open layouts perfect for relaxing or entertaining-Laundry

    Jamesway Apartments

    (608) 580-8984

    167-195 N Janesville St, Milton, WI 53563
  • /8

    $1,750 Per Month

    • 1 Bed
    • 1 Bath
    • 718 Sq Ft
    • Condo for Rent

    865-851 Arthur Dr Unit 103A-ADA, Milton, WI 53563

    Property Id: 1512210AVAILABLE SEPTEMBER 1ST!! - A stone’s throw away from rolling cornfields and farmland is Legacy at Redhawk Flats, a new community built upon vision and purpose. Located in a small-but-vibrant community, these 1 and 2 bedroom apartment homes are within minutes of major employers and entertainment in Janesville, Beloit, and Madison. Life at Legacy at Redhawk Flats lets

    (608) 580-5903

    865-851 Arthur Dr Unit 103A-ADA, Milton, WI 53563
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    $1,450

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • Condo for Rent

    745 W Madison Ave Unit 745, Milton, WI 53563

    We've updated the 2nd floor unit which now has quartz counters, new kitchen floor, etc.

    745 W Madison Ave Unit 745, Milton, WI 53563

Why Live in Milton

Milton, Wisconsin, is a historical town with a population of over 5,000, known for its quaint atmosphere and rich history. Established in 1840 by Joseph Goodrich, Milton is home to the Milton House Museum, a former inn that served as a station on the Underground Railroad. The town features a mix of older and newer homes, including Victorian, farmhouse, new traditional, and ranch styles, with some properties offering private fishing and boating docks on local lakes. The School District of Milton is highly rated, and higher education is available at the University of Wisconsin-Whitewater, located 13 miles east. Milton boasts several parks, such as Schilberg Park, which hosts the town's Independence Day celebration, and Tails n’ Trails Dog Park, a 15-acre fenced area for dogs. Lamar Park offers newer playground equipment and baseball diamonds. Lake Koshkonong, north of Milton, provides opportunities for boating, fishing, and swimming. Dining options include the Buckhorn Supper Club, Cindy’s Café, and Café 26. For shopping, Milton has boutique stores and a Piggly Wiggly grocery store, with larger stores available in nearby Janesville and Anderson. The Janesville Transit System offers bus service to Milton, and Highway 26 connects the town to Interstate 90. Dane County Regional Airport is 36 miles northwest. While the town is generally safe, areas near the lakes are at risk for flooding, and tornadoes and hailstorms can occur.

Frequently Asked Questions

How much does it cost to rent a home in Milton, WI?
The median rent for a home in Milton, WI is $1,750 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Milton, WI?
To comfortably afford the median rent in Milton, WI, a household needs to earn roughly $70,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,750 per month in Milton, WI, renters typically need to show $5,250 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Milton, WI?
In Milton, WI, the price-to-rent ratio is 17.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Milton, WI

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$1,750
Median Condo Rent
$1,750
How to Rent a Home