Cheap Apartments for Rent in Magdalena, NM from $600 (31 Rentals)

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

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Magdalena, NM Local Guide

Cheapest Available Magdalena Apartments for Rent and Nearby

 

The cheapest available apartment rental in Magdalena, NM is a 1 Bed unit found at Silver Gardens Apartments in the Netherwood Park neighborhood priced from $740. Millennium Flats - Washer-Dryer Included in the Hunning Highland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here is today’s list of the most affordable Magdalena apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Silver Gardens Apartments1 Bedroom (50%)1BR,1BA$740
Millennium Flats - Washer-Dryer IncludedStudioStudio,1BA$740
Somerset ParkStudioStudio,1BA$768
9317 Central AveWest StudiosStudio,1BA$795
University VillageStudio-Internet, DirecTV, Utilities IncludedStudio,1BA$800
Villa de San FelipeBroadwayStudio,1BA$872
El Campo Apartments1BR/1.0BA1BR,1BA$875
Zocalo LoftsStudioStudio,1BA$900
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Villa ApartmentsStudioStudio,1BA$915

Best Value Apartments for Rent in Magdalena, NM and Nearby

As of May 15, 2025 the best value apartment in the Magdalena area is the $1.09 price per square foot 2 Beds, 1 bath Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,200. The second greatest value Magdalena apartment is the Emerald Model at Diamond Mesa starting at $1,547 with a $1.52 price per square foot in the Ironhorse at El Rancho Grande neighborhood. Here is today’s list of the best values for Magdalena apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Taylor Ridge Apartments2 Beds, 1 bath2BR,1BA$1.09
Diamond MesaEmerald2BR,2BA$1.52
873-895 Silver Ave SWAmazing1BR,1BA$1.50
1206 Cuba Rd1 Bedroom1BR,1BA$1.05
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Welcome Home To Rio Volcan!2 bedroom 1 bath2BR,1BA$1.27
Home @ Valencia2BR/1.0BA2BR,1BA$1.10
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1.47
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53
El Campo Apartments1BR/1.0BA1BR,1BA$1.51

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Magdalena, NM

Ranked #22

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Magdalena, NM Rentals by Map

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See the most popular apartments and homes in Magdalena, NM

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Getting Around Magdalena, NM

Walk Score®

23 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Magdalena Apartments

What is the Cheapest Studio apartment in Magdalena?

Currently the most affordable Cheap Studio Apartment in Magdalena is at Millennium Flats - Washer-Dryer Included listed at $740.

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

The lowest price for a Cheap One Bedroom Magdalena Apartment is $740 at Silver Gardens Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Magdalena is starting from $995 at Home @ Valencia.

What is the most affordable Magdalena Three Bedroom Apartment?

The best deal on a cheap Magdalena Three Bedroom Apartment rental is at Volcanes Commons and starts from $1,232.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

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Navigating the Rental Market: Tips for First-Time Renters

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