Cheap Apartments for Rent in Milan, NM from $700 (21 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
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 Milan.

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article

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.

Read Article
close
View Me
Adobe Manor Apartments
Studio Apartments

Adobe Manor Apartments

7412 Central Ave SWAlbuquerque, NM 87121
  • Utilities Included
close
View Me
Route 66 Headquarters
Studio to 1 Bedroom Apartments

Route 66 Headquarters

9317 Central Ave NWAlbuquerque, NM 87121
  • Utilities Included
close
View Me
El Campo Apartments
Studio to 1 Bedroom Apartments

El Campo Apartments

5800 Central Ave SWAlbuquerque, NM 87105
  • Utilities Included
close
View Me
Canon de Arrowhead
1 to 3 Bedroom Apartments

Canon de Arrowhead

1700 Market St NWAlbuquerque, NM 87120
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Showing Results 1-21, 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 $869. 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$869
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
Villa HermosaThe Aztec1BR,1BA$969

Best Value Apartments for Rent in Milan, NM and Nearby

As of December 07, 2025 the best value apartment in the Milan area is the $1.58 price per square foot Turquoise Model at Diamond Mesa in the in the Ironhorse at El Rancho Grande neighborhood starting from $2,088. The second greatest value Milan apartment is the Juniper Model at Q @ Bosque Trail starting at $1,500 with a $1.60 price per square foot in the Northwest Quadrant 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 MesaTurquoise3BR,1.5BA$1.58
Q @ Bosque TrailJuniper2BR,1BA$1.60
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Eagle Ranch ApartmentsLatigo1BR,1BA$1.63
Del Rio ApartmentsAspen1BR,1BA$1.60
Villa HermosaThe Aztec1BR,1BA$1.39
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

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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

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

Explore Milan, NM Rentals by Map

Decorative image of map

See the most popular apartments and homes in Milan, NM

View Map
Milan, NM Apartments Map
View Map
Milan, NM Rental Homes Map

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 $869.

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 $918 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 Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.