1 Vista del Rio St
Rio CommunitiesNM87002
Cheap Homes for Rent in Magdalena, NM from $1,300 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Magdalena.
601 Torretta Dr SW
AlbuquerqueNM87121
2 Alta Vista Way Rd
Los LunasNM87031
1715 Desert Ridge Rd SW
AlbuquerqueNM87121
1801 Corte Adelina SW
AlbuquerqueNM87105
10005 Cartagena Ave SW
AlbuquerqueNM87121
41 Ranger Station Rd
MountainairNM87036
2412 Don Felipe Rd SW
AlbuquerqueNM87105
2856 Baco Noir Dr SW
AlbuquerqueNM87121
2315 Iron Gate Trail SW
AlbuquerqueNM87121
2240 Stoner St SW
AlbuquerqueNM87105
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Magdalena, NM Local Guide
Ladron Peak by Michael Zanussi is licensed under CC BY 2.0
How much does it cost to rent a home in Magdalena?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magdalena 2 Bedroom Homes for Rent | $1,871 | $1,500 | $2,030 |
| Magdalena 3 Bedroom Homes for Rent | $2,295 | $1,345 | $5,000 |
| Magdalena 4 Bedroom Homes for Rent | $2,506 | $1,550 | $5,000 |
| Magdalena 5 Bedroom Homes for Rent | $2,750 | $2,100 | $3,150 |
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 1 Bed unit found at Silver Gardens Apartments in the Netherwood Park neighborhood priced from $740. Millennium Flats - Washer-Dryer Included in the Silver Lofts 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $740 |
| Millennium Flats - Washer-Dryer Included | Studio | Studio,1BA | $740 |
| Home @ Valencia | 1bd/1ba | 1BR,1BA | $750 |
| 9317 Central Ave | West Studios | Studio,1BA | $795 |
| University Village | Studio-Internet, DirecTV, Utilities Included | Studio,1BA | $800 |
Best Value Apartments for Rent in Magdalena, NM and Nearby
As of July 30, 2025 the best value apartment in the Magdalena area is the $1.50 price per square foot Garnet Model at Diamond Mesa in the in the Ironhorse at El Rancho Grande neighborhood starting from $1,873. The second greatest value Magdalena apartment is the Two Bedroom One Bath Model at Taylor Ridge Apartments starting at $1,200 with a $1.00 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Diamond Mesa | Garnet | 3BR,2.5BA | $1.50 |
| Taylor Ridge Apartments | Two Bedroom One Bath | 2BR,1BA | $1.00 |
| 1206 Cuba Rd | 1 Bedroom | 1BR,1BA | $1.05 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| 3409 Thaxton Ave SE | 3 Bedroom | 3BR,1.5BA | $1.39 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.47 |
| The French Quarter | 1x1 Classic (630sqft) RH | 1BR,1BA | $1.50 |
| Las Brisas | 1 Bed, 1 Bath | 1BR,1BA | $1.36 |
| Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $1.53 |
| 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 44 Apartments for Rent in Magdalena, NM with pricing that ranges from $728 to $10,000. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magdalena ranging from $1,345 to $5,000.
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 $1,345 to $5,000 with an average monthly rent of $2,355.
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 $6,643, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,345 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,550 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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.
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.
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.