Cheap Apartments for Rent in Malaga, NM from $300 (5 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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.

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Malaga, NM Local Guide

Cheapest Available Malaga Apartments for Rent and Nearby

 

The cheapest available apartment rental in Malaga, NM is a 1 Bed unit found at Roselawn Manor priced from $422. EMLI Artesia: Income Qualify Today has the second lowest priced unit, which is a 1 Bed apartment currently listed from $987. Here is today’s list of the most affordable Malaga apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Roselawn ManorOne Bedroom1BR,1BA$422
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$987
Yucca Flats ApartmentsOne Bedroom1BR,1BA$999

Best Value Apartments for Rent in Malaga, NM and Nearby

As of July 28, 2025 the best value apartment in the Malaga area is the $1.18 price per square foot Unfurnished Model at Summerwind Terrace Townhomes in the starting from $1,295. The second greatest value Malaga apartment is the 2x2 (1088sf) B3 Model at Sorrento Villas starting at $1,625 with a $1.49 price per square foot . Here is today’s list of the best values for Malaga apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summerwind Terrace TownhomesUnfurnished2BR,1.5BA$1.18
Sorrento Villas2x2 (1088sf) B32BR,2BA$1.49
Tia MariaTwo Bedroom2BR,1BA$1.22
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$1.28
Windscape ApartmentsA11BR,1BA$2.09
Vista del SolOne Bedroom1BR,1BA$1.53
Yucca Flats ApartmentsOne Bedroom1BR,1BA$1.43
Eagle CreekOne Bedroom1BR,1BA$1.54
Vista Del Rio-FREE UtilitiesOne Bedroom1BR,1BA$1.86
Roselawn ManorOne Bedroom1BR,1BA$0.72

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Frequently Asked Questions about Cheap Malaga Apartments

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

The lowest price for a Cheap One Bedroom Malaga Apartment is $422 at Roselawn Manor.

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

Today's best deal for a Cheap Two Bedroom Apartment in Malaga is starting from $500 at Roselawn Manor.

What is the most affordable Malaga Three Bedroom Apartment?

The best deal on a cheap Malaga Three Bedroom Apartment rental is at Vista Del Rio-FREE Utilities and starts from $1,500.

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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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.

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.

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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.

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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.