1021 George Hanosh Blvd
GrantsNM87020
Cheap Homes for Rent in Milan, NM from $1,400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Milan.
732 Clovis Ave
GrantsNM87020
1301 Amole Vista St SW
AlbuquerqueNM87121
567 Apache Loop SW
Rio RanchoNM87124
7815 Chaco Mesa Loop NW
AlbuquerqueNM87114
10327 Connemara Dr SW
AlbuquerqueNM87121
2315 Iron Gate Trail SW
AlbuquerqueNM87121
Showing Results 1-7, Page 1 of 1
Milan, NM Local Guide
Lincoln National Forest New Mexico by uıɐɾ ʞ ʇɐɯɐs is licensed under CC BY 2.0
How much does it cost to rent a home in Milan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milan 2 Bedroom Homes for Rent | $2,250 | $2,100 | $2,400 |
| Milan 3 Bedroom Homes for Rent | $1,989 | $1,400 | $2,400 |
| Milan 4 Bedroom Homes for Rent | $2,487 | $1,500 | $3,500 |
| Milan 5 Bedroom Homes for Rent | $2,997 | $2,995 | $3,000 |
Browse Top Homes for Rent in Milan
Explore Milan
Milan, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Milan Apartments for Rent and Nearby
The cheapest available apartment rental in Milan, NM is a 1 Bed unit found at Tierra Pointe in the Ironhorse at El Rancho Grande neighborhood priced from $843. 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 | A1 | 1BR,1BA | $843 |
| Route 66 Headquarters | 2025 Studios | Studio,1BA | $850 |
| Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $902 |
Best Value Apartments for Rent in Milan, NM and Nearby
As of September 12, 2025 the best value apartment in the Milan area is the $1.53 price per square foot Geneva Model at Las Mananitas Apartments in the in the Northwest Quadrant neighborhood starting from $2,130. The second greatest value Milan apartment is the Quartz Reno Model at Via Vista Apartment Community starting at $1,995 with a $1.72 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. |
|---|---|---|---|
| Las Mananitas Apartments | Geneva | 3BR,2BA | $1.53 |
| Via Vista Apartment Community | Quartz Reno | 3BR,2BA | $1.72 |
| Q @ Bosque Trail | Juniper | 2BR,1BA | $1.60 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.56 |
| Villa Hermosa | The Aztec | 1BR,1BA | $1.39 |
| Aydan | Pinon Renovated | 1BR,1BA | $1.70 |
| 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 |
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.
Let everyone know!
Do you know the Milan area?
If you’re an expert on all things Milan, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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
Frequently Asked Questions about Milan
What type of rentals are currently available in Milan?
There are currently 41 Apartments for Rent in Milan, NM with pricing that ranges from $650 to $3,985. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milan ranging from $1,400 to $3,500.
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 $1,400 to $3,500 with an average monthly rent of $2,430.
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 $3,985, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,500 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.
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.
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.