
Cheap Homes for Rent in Magdalena, NM from $500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Magdalena.


1216 High St SE

1 Vista del Rio St

1201 Platinum 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 | $1,247 | $1,195 | $1,300 |
Magdalena 3 Bedroom Homes for Rent | $2,138 | $1,750 | $2,800 |
Magdalena 4 Bedroom Homes for Rent | $2,284 | $1,850 | $2,650 |
Magdalena 5 Bedroom Homes for Rent | $2,195 | $2,195 | $2,195 |
Browse Top Homes for Rent in Magdalena
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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 Studio unit found at Sunport Luxury Townhomes in the Southeast Quadrant neighborhood priced from $499. Home @ Valencia in the South San Pedro neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here is today’s list of the most affordable Magdalena apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sunport Luxury Townhomes | Studio | Studio,1BA | $499 |
Home @ Valencia | 1BR/1.0BA | 1BR,1BA | $735 |
Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $740 |
Best Value Apartments for Rent in Magdalena, NM and Nearby
As of April 22, 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 Amazing Model at 873-895 Silver Ave SW starting at $1,450 with a $1.50 price per square foot in the Hunning Highland 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. |
---|---|---|---|
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 |
Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.47 |
Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
Las Brisas | 1 Bed, 1 Bath | 1BR,1BA | $1.35 |
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 $599 to $6,664. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magdalena ranging from $550 to $2,800.
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 $2,800 with an average monthly rent of $1,755.
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 $6,607, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,850 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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.