Cheap Homes for Rent in Milan, NM from $1,100 (16 Rentals)

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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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Location, Location, Location!

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Frequently Asked Questions about Milan

What type of rentals are currently available in Milan?

There are currently 43 Apartments for Rent in Milan, NM with pricing that ranges from $650 to $3,865. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milan ranging from $1,100 to $3,400.

What is the current price range for Rental Homes in Milan?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Milan ranges from $1,100 to $3,400 with an average monthly rent of $2,038.

How much are larger Three and Four Bedroom Rentals in Milan?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Milan range from $1,150 to $3,865, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,300.

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.

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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.