Cheap Apartments for Rent in Milan, NM from $600 (19 Rentals)

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Cheap Apartments in Milan.

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.

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.

Milan, NM Local Guide

Cheapest Available Milan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Milan, NM is a Studio unit found at 9317 Central Ave in the Ironhorse at El Rancho Grande neighborhood priced from $795. El Campo Apartments in the Ironhorse at El Rancho Grande neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Milan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
9317 Central AveWest StudiosStudio,1BA$795
El Campo Apartments1BR/1.0BA1BR,1BA$875
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Tierra PointeA11BR,1BA$909
Ceja Vista Senior 55+One Bedroom1BR,1BA$941

Best Value Apartments for Rent in Milan, NM and Nearby

As of May 01, 2025 the best value apartment in the Milan area is the $1.33 price per square foot The Sandia Model at Mesa Ridge Apartments in the in the Northwest Quadrant neighborhood starting from $1,274. The second greatest value Milan apartment is the 2 bedroom 2 bath Model at Canon de Arrowhead starting at $1,154 with a $1.25 price per square foot in the Ironhorse at El Rancho Grande neighborhood. Here is today’s list of the best values for Milan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mesa Ridge ApartmentsThe Sandia2BR,2BA$1.33
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Stride Westa10ar - Renovated1BR,1BA$1.63
Las Mananitas ApartmentsLennox1BR,1BA$1.72
Diamond MesaSapphire1BR,1BA$1.74
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.38
Villa HermosaThe Aztec1BR,1BA$1.39
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53
El Campo Apartments1BR/1.0BA1BR,1BA$1.51
Ceja Vista Senior 55+One Bedroom1BR,1BA$1.64

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

Explore Milan, NM Rentals by Map

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Getting Around Milan, NM

Walk Score®

21 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Milan Apartments

What is the Cheapest Studio apartment in Milan?

Currently the most affordable Cheap Studio Apartment in Milan is at 9317 Central Ave listed at $795.

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

The lowest price for a Cheap One Bedroom Milan Apartment is $875 at El Campo Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Milan is starting from $1,073 at Volcanes Commons.

What is the most affordable Milan Three Bedroom Apartment?

The best deal on a cheap Milan Three Bedroom Apartment rental is at Canon de Arrowhead and starts from $1,093.

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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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.

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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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.