
Cheap Apartments for Rent in Milan, NM from $700 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Milan.


Bluewater Village

Tierra Pointe
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.

Adobe Manor Apartments

The Beach

Route 66 Headquarters

Volcanes Commons

Ceja Vista Senior 55+

Villa Hermosa
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.

Mesa Ridge Apartments

Aydan

Entrada Pointe

Stride West

Puerta Del Sol

Marbella-Income Restricted Waitlist
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.

1720 Atrisco - Units Available for Pre-lease
Milan, NM Local Guide

How much does it cost to rent an apartment in Milan?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Milan Studio Apartments | $1,132 | $824 | $1,826 |
Milan 1 Bedroom Apartments | $1,474 | $700 | $2,338 |
Milan 2 Bedroom Apartments | $1,842 | $895 | $3,799 |
Milan 3 Bedroom Apartments | $2,123 | $1,150 | $3,990 |
Milan 4 Bedroom Apartments | $2,287 | $1,300 | $2,850 |
Browse Top Apartments in Milan
See all Apartments in MilanExplore Milan
Milan, NM Local Guide
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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 $804. Route 66 Headquarters in the Ironhorse at El Rancho Grande neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Milan apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Tierra Pointe | S1 | Studio,1BA | $804 |
Route 66 Headquarters | 2025 Studios | Studio,1BA | $850 |
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $902 |
Ceja Vista Senior 55+ | One Bedroom | 1BR,1BA | $941 |
Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
Best Value Apartments for Rent in Milan, NM and Nearby
As of September 08, 2025 the best value apartment in the Milan area is the $1.72 price per square foot Quartz Reno Model at Via Vista Apartment Community in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,995. The second greatest value Milan apartment is the 2x2 Reno Model at Resort at Sandia Village starting at $1,750 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Via Vista Apartment Community | Quartz Reno | 3BR,2BA | $1.72 |
Resort at Sandia Village | 2x2 Reno | 2BR,2BA | $1.77 |
Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
Villa Hermosa | The Pueblo | 2BR,1BA | $1.32 |
Stride West | a10ar - Renovated | 1BR,1BA | $1.56 |
Circ | Madison | 1BR,1BA | $1.77 |
Aydan | Pinon Renovated | 1BR,1BA | $1.69 |
Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.54 |
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $1.53 |
Ceja Vista Senior 55+ | One Bedroom | 1BR,1BA | $1.64 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Milan, NM Rentals by Map
See the most popular apartments and homes in Milan, NM
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 $804.
How much is rent for a Cheap One Bedroom Milan Apartment?
The lowest price for a Cheap One Bedroom Milan Apartment is $843 at Tierra Pointe.
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 $1,073 at Volcanes Commons.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.