Cheap Apartments for Rent in Milan, NM from $600 (19 Rentals)

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

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Adobe Manor Apartments
Studio Apartments

Adobe Manor Apartments

7412 Central Ave SWAlbuquerque, NM 87121
  • Utilities Included
  • Smoke Free
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Route 66 Headquarters
Studio to 1 Bedroom Apartments

Route 66 Headquarters

9317 Central Ave NWAlbuquerque, NM 87121
  • Utilities Included
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Canon de Arrowhead
1 to 3 Bedroom Apartments

Canon de Arrowhead

1700 Market St NWAlbuquerque, NM 87120
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Showing Results 1-19, 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 Tierra Pointe in the Ironhorse at El Rancho Grande neighborhood priced from $770. Volcanes Commons in the Alamosa neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $902. Here is today’s list of the most affordable Milan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tierra PointeS1Studio,1BA$770
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Ceja Vista Senior 55+One Bedroom1BR,1BA$941
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$964
Stride Westa10a1BR,1BA$1,050

Best Value Apartments for Rent in Milan, NM and Nearby

As of November 15, 2025 the best value apartment in the Milan area is the $1.64 price per square foot Coral Model at Diamond Mesa in the in the Ironhorse at El Rancho Grande neighborhood starting from $2,164. The second greatest value Milan apartment is the Quartz Reno Model at Via Vista Apartment Community starting at $1,799 with a $1.55 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 MesaCoral3BR,1.5BA$1.64
Via Vista Apartment CommunityQuartz Reno3BR,2BA$1.55
Resort at Sandia Village2 bed 2 bath2BR,2BA$1.59
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Villa HermosaThe Pueblo Casita2BR,1BA$1.32
Stride Westa10ar - Renovated1BR,1BA$1.62
Mesa Ridge ApartmentsThe Sage1BR,1BA$1.63
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

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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 Tierra Pointe listed at $770.

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

The lowest price for a Cheap One Bedroom Milan Apartment is $902 at Volcanes Commons.

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 $974 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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.