Cheap Apartments for Rent in Milan, NM from $600 (16 Rentals)

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

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Showing Results 1-16, 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 9317 Central Ave in the Ironhorse at El Rancho Grande neighborhood priced from $795. El Campo Apartments in the Southwest Quadrant 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 ListingModel NameBed/BathPriced From
9317 Central AveWest StudiosStudio,1BA$795
El Campo Apartments1BR/1.0BA1BR,1BA$875
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Tierra PointeB12BR,1BA$914
Ceja Vista Senior 55+One Bedroom1BR,1BA$941

Best Value Apartments for Rent in Milan, NM and Nearby

As of June 09, 2025 the best value apartment in the Milan area is the $1.73 price per square foot Garnet Model at Diamond Mesa in the in the Ironhorse at El Rancho Grande neighborhood starting from $2,153. The second greatest value Milan apartment is the Amber Reno Model at Via Vista Apartment Community starting at $1,745 with a $1.77 price per square foot in the Sunrise Village at Northern Meadows 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.
Diamond MesaGarnet3BR,2.5BA$1.73
Via Vista Apartment CommunityAmber Reno2BR,2BA$1.77
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
CircMadison1BR,1BA$1.68
Eagle Ranch ApartmentsLatigo1BR,1BA$1.67
El Campo Apartments1BR/1.0BA1BR,1BA$1.22
Villa HermosaThe Aztec1BR,1BA$1.39
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.54
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53
Ceja Vista Senior 55+One Bedroom1BR,1BA$1.64

Quick Rent Budget Calculator

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

Explore Milan, NM Rentals by Map

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See the most popular apartments and homes in Milan, NM

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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 9317 Central Ave listed at $795.

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

The lowest price for a Cheap One Bedroom Milan Apartment is $875 at El Campo Apartments.

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 $914 at Tierra Pointe.

What is the most affordable Milan Three Bedroom Apartment?

The best deal on a cheap Milan Three Bedroom Apartment rental is at Volcanes Commons and starts from $1,232.

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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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.

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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.