Cheap Apartments for Rent in Milan, NM from $600 (18 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Showing Results 1-18, Page 1 of 1

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 Adobe Manor Apartments in the Ironhorse at El Rancho Grande neighborhood priced from $725. 9317 Central Ave in the Ironhorse at El Rancho Grande neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here is today’s list of the most affordable Milan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Adobe Manor ApartmentsStudioStudio,1BA$725
9317 Central AveWest StudiosStudio,1BA$795
Tierra PointeS1Studio,1BA$842
Canon de Arrowhead1 bedroom 1 bath1BR,1BA$889
El Campo Apartments0BR/1.0BAStudio,1BA$900

Best Value Apartments for Rent in Milan, NM and Nearby

As of March 13, 2025 the best value apartment in the Milan area is the $0.94 price per square foot 7844 Via Vista Mesa NW Model at 7844 Via Vista Mesa NW in the in the Paradise Hills neighborhood starting from $2,619. The second greatest value Milan apartment is the 7032 Hearthstone Rd NW Model at 7032 Hearthstone Rd NW starting at $2,459 with a $1.04 price per square foot in the Paradise Hills 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.
7844 Via Vista Mesa NW7844 Via Vista Mesa NW4BR,2BA$0.94
7032 Hearthstone Rd NW7032 Hearthstone Rd NW4BR,2BA$1.04
7404 Junco Pl NW7404 Junco Pl NW4BR,2BA$1.18
409 Peaceful Meadows Dr NE409 Peaceful Meadows Dr NE4BR,2BA$1.29
7623 Banyon Ave NW7623 Banyon Ave NW4BR,2BA$1.40
10423 Griffon Dr NW10423 Griffon Dr NW3BR,2BA$1.53
West Park ApartmentsL3AC60WP3BR,2BA$1.02
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.15
Welcome Home To Rio Volcan!2 bedroom 1 bath2BR,1BA$1.17
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

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

Explore Milan, NM Rentals by Map

Decorative image of map

See the most popular apartments and homes in Milan, NM

View MapMilan, NM Apartments MapView MapMilan, NM Rental Homes Map

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

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 Milan Apartments

What is the Cheapest Studio apartment in Milan?

Currently the most affordable Cheap Studio Apartment in Milan is at Adobe Manor Apartments listed at $725.

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

The lowest price for a Cheap One Bedroom Milan Apartment is $902 at Volcanes Commons.

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 $1,063 at Canon de Arrowhead.

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 $1,224.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.