Cheap Apartments for Rent in Magdalena, NM from $600 (27 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 Magdalena.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article

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.

Read Article
Showing Results 1-27, Page 1 of 1

Magdalena, NM Local Guide

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 ListingModel NameBed/BathPriced From
Silver Gardens Apartments1 Bedroom (50%)1BR,1BA$740
Millennium Flats - Washer-Dryer IncludedStudioStudio,1BA$740
Somerset ParkStudioStudio,1BA$768
University VillageStudio-Internet, DirecTV, Utilities IncludedStudio,1BA$800
El Campo Apartments1BR/1.0BA1BR,1BA$850
Zocalo LoftsStudioStudio,1BA$900
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Tierra PointeB12BR,1BA$909
Ceja Vista Senior 55+One Bedroom1BR,1BA$941
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$964

Best Value Apartments for Rent in Magdalena, NM and Nearby

As of May 31, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sunport Luxury TownhomesFully Furnished & Decorated5BR,5BA$1.54
Taylor Ridge Apartments2 Beds, 1 bath2BR,1BA$1.09
873-895 Silver Ave SWAmazing1BR,1BA$1.50
1206 Cuba Rd1 Bedroom1BR,1BA$1.05
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
El Campo Apartments1BR/1.0BA1BR,1BA$1.18
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1.47
Las Brisas1 Bed, 1 Bath1BR,1BA$1.48
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.54
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

Pet Friendly Lifestyle
Magdalena, NM

Ranked #23

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Magdalena, NM Rentals by Map

Decorative image of map

See the most popular apartments and homes in Magdalena, NM

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

Getting Around Magdalena, NM

Walk Score®

23 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

32 / 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 Magdalena Apartments

What is the Cheapest Studio apartment in Magdalena?

Currently the most affordable Cheap Studio Apartment in Magdalena is at Millennium Flats - Washer-Dryer Included listed at $740.

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

The lowest price for a Cheap One Bedroom Magdalena Apartment is $740 at Silver Gardens Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Magdalena is starting from $909 at Tierra Pointe.

What is the most affordable Magdalena Three Bedroom Apartment?

The best deal on a cheap Magdalena 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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.