
Cheap Homes for Rent in Milan, NM from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Milan.


2369 High Desert Cir NE

1301 2nd St

680 Ridgeside Tr SW

11219 King Rail Rd SW

2523 Angel Dr NW

5915 Golden Ave NW

1119 Spur Rd SE

10637 Microlith Rd SW

6900 Brindisi Pl NW
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.

6331 Michelangelo Ln NW

3012 Winston Meadows Dr NE
Milan, NM Local Guide

How much does it cost to rent a home in Milan?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Milan 2 Bedroom Homes for Rent | $1,600 | $1,400 | $1,800 |
Milan 3 Bedroom Homes for Rent | $1,997 | $1,400 | $2,500 |
Milan 4 Bedroom Homes for Rent | $2,612 | $1,995 | $4,000 |
Milan 5 Bedroom Homes for Rent | $2,966 | $2,500 | $3,400 |
Browse Top Homes for Rent in Milan
Explore Milan
Milan, NM Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
9317 Central Ave | West Studios | Studio,1BA | $795 |
El Campo Apartments | 1BR/1.0BA | 1BR,1BA | $875 |
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $902 |
Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $907 |
Ceja Vista Senior 55+ | One Bedroom | 1BR,1BA | $941 |
Best Value Apartments for Rent in Milan, NM and Nearby
As of April 17, 2025 the best value apartment in the Milan area is the $1.70 price per square foot Jade Reno Model at Via Vista Apartment Community in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,940. The second greatest value Milan apartment is the 3 bedroom 3 bath Model at Canon de Arrowhead starting at $1,253 with a $1.11 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Via Vista Apartment Community | Jade Reno | 3BR,2BA | $1.70 |
Canon de Arrowhead | 3 bedroom 3 bath | 3BR,2BA | $1.11 |
Aydan | Sage Renovated | 2BR,2BA | $1.49 |
Stride West | a10ar - Renovated | 1BR,1BA | $1.58 |
Las Mananitas Apartments | Lennox | 1BR,1BA | $1.72 |
Eagle Ranch Apartments | Latigo | 1BR,1BA | $1.74 |
Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.30 |
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $1.53 |
El Campo Apartments | 1BR/1.0BA | 1BR,1BA | $1.51 |
Ceja Vista Senior 55+ | One Bedroom | 1BR,1BA | $1.64 |
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Frequently Asked Questions about Milan
What type of rentals are currently available in Milan?
There are currently 41 Apartments for Rent in Milan, NM with pricing that ranges from $697 to $6,664. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milan ranging from $550 to $4,000.
What is the current price range for Rental Homes in Milan?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Milan ranges from $550 to $4,000 with an average monthly rent of $1,945.
How much are larger Three and Four Bedroom Rentals in Milan?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Milan range from $799 to $6,607, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,995 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.