
Cheap Homes for Rent in Magdalena, NM from $500 (8 Rentals)
Cheap Homes in Magdalena.


1216 High St SE

921 Nashville Ave SW

1311 Barelas Rd SW
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1311 Barelas St SW

1201 Platinum St

1 Vista del Rio St

2800 Vail Ave SE
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Magdalena, NM Local Guide

How much does it cost to rent a home in Magdalena?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Magdalena 2 Bedroom Homes for Rent | $1,857 | $1,100 | $3,850 |
Magdalena 3 Bedroom Homes for Rent | $2,233 | $1,640 | $5,000 |
Magdalena 4 Bedroom Homes for Rent | $2,593 | $1,950 | $5,000 |
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Magdalena, NM Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $740 |
Millennium Flats - Washer-Dryer Included | Studio | Studio,1BA | $740 |
Somerset Park | Studio | Studio,1BA | $768 |
Best Value Apartments for Rent in Magdalena, NM and Nearby
As of May 07, 2025 the best value apartment in the Magdalena area is the $1.54 price per square foot Fully Furnished & Decorated Model at Sunport Luxury Townhomes in the in the Southeast Quadrant neighborhood starting from $2,900. The second greatest value Magdalena apartment is the 2 Beds, 1 bath Model at Taylor Ridge Apartments starting at $1,200 with a $1.09 price per square foot in the Southwest Quadrant neighborhood. Here is today’s list of the best values for Magdalena apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Sunport Luxury Townhomes | Fully Furnished & Decorated | 5BR,5BA | $1.54 |
Taylor Ridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.09 |
873-895 Silver Ave SW | Amazing | 1BR,1BA | $1.50 |
1206 Cuba Rd | 1 Bedroom | 1BR,1BA | $1.05 |
Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
Welcome Home To Rio Volcan! | 2 bedroom 1 bath | 2BR,1BA | $1.27 |
Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.47 |
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $1.53 |
El Campo Apartments | 1BR/1.0BA | 1BR,1BA | $1.51 |
Home @ Valencia | 1bd/1ba - Rehabbed | 1BR,1BA | $1.45 |
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Frequently Asked Questions about Magdalena
What type of rentals are currently available in Magdalena?
There are currently 41 Apartments for Rent in Magdalena, NM with pricing that ranges from $697 to $7,219. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magdalena ranging from $550 to $5,000.
What is the current price range for Rental Homes in Magdalena?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Magdalena ranges from $550 to $5,000 with an average monthly rent of $1,918.
How much are larger Three and Four Bedroom Rentals in Magdalena?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Magdalena range from $799 to $7,058, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,640 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,300.
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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.