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$744 - $1,548Studio to 2 Bedroom Apartments Available Now
Union 505
801 Locust Pl NEAlbuquerque, NM 87102
Cheap Apartments for Rent in the La Luz Neighborhood of Albuquerque, NM from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the La Luz area of Albuquerque.
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$751 - $1,818Studio to 3 Bedroom Apartments Contact Us For Availability
Calle Cuarta
3525 4th St NWAlbuquerque, NM 87107
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$794 - $1,019Studio to 1 Bedroom Apartments Contact Us For Availability
Citadel - Free Utilities
1520 University Blvd NEAlbuquerque, NM 87102
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Rent Specials
$889 - $4,1211 to 2 Bedroom Apartments Available Now
Lifestyles at Renaissance
4920 Union Way NEAlbuquerque, NM 87107
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$975 - $1,399Studio to 2 Bedroom Apartments Available Now
Peaks at Los Ranchos
6134 4th St NWAlbuquerque, NM 87107
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
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$1,000 - $1,4001 to 2 Bedroom Apartments Available Now
Peaks at Sandia View
1501 Indian School Rd NEAlbuquerque, NM 87102
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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.
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504 Headingly Ave NW
AlbuquerqueNM87107
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611 Woodland Ave NW
AlbuquerqueNM87107
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.
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1 to 3 Bedroom Apartments
Trailhead at Chamizal - NOW LEASING
350 Osuna Rd NWLos Ranchos de Albuquerque, NM 87107
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La Luz, Albuquerque, NM Local Guide
How much does it cost to rent an apartment in La Luz?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| La Luz Studio Apartments | $1,036 | $751 | $1,661 |
| La Luz 1 Bedroom Apartments | $1,187 | $761 | $4,121 |
| La Luz 2 Bedroom Apartments | $1,491 | $906 | $2,646 |
| La Luz 3 Bedroom Apartments | $1,597 | $1,039 | $1,818 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the La Luz Neighborhood of Albuquerque, NM.
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La Luz, Albuquerque, NM Local Guide
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Cheapest Available La Luz Apartments for Rent
The cheapest available apartment rental in the La Luz area of Albuquerque, NM is a Studio unit found at Union 505 priced from $744. Peaks at Los Ranchos has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here are the most affordable La Luz apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Union 505 | Studio | Studio,1BA | $744 |
| Peaks at Los Ranchos | Silverado Renovated | Studio,1BA | $975 |
| Peaks at Sandia View | 1x1-640 | 1BR,1BA | $1,000 |
| Lifestyles at Renaissance | 1 Bed, 1 Bath | 1BR,1BA | $1,072 |
| Cresta North Valley | 1 bed/1 bath | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in La Luz, NM
As of December 29, 2025 the best value apartment in the La Luz area is the $1.92 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $2,075. The second greatest value La Luz apartment is the Type A Model at Griegos Farms starting at $1,875 with a $2.13 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for La Luz apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.92 |
| Griegos Farms | Type A | 1BR,1BA | $2.13 |
| Cresta North Valley | 1 bed/1 bath | 1BR,1BA | $1.60 |
| Poblana Place | I 1/1 | 1BR,1BA | $1.92 |
| Peaks at Sandia View | 1x1-640 | 1BR,1BA | $1.56 |
| Lifestyles at Renaissance | 1 Bed, 1 Bath | 1BR,1BA | $1.79 |
| 1204 Sawmill Rd NW, Unit 1 | 1204 Sawmill Rd NW | 1BR,1BA | $2.36 |
| Peaks at Los Ranchos | Silverado Renovated | Studio ,1BA | $1.95 |
| The Artisan @ Sawmill Village | 1x1 Market 420 sq.ft. | 1BR,1BA | $3.51 |
| Union 505 | Studio | Studio ,1BA | $2.30 |
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
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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 ArticleThe 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 ArticleCash 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.
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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.
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Pet Friendly LifestyleLa Luz, Albuquerque, NM
Ranked #222
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in La Luz, Albuquerque, NM
School data provided by Great Schools
Frequently Asked Questions about Cheap La Luz Apartments
What is a cheap apartment in La Luz?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in La Luz is under $1,495.
What is the price of a cheap apartment in La Luz?
The cheapest apartment in La Luz is Union 505 which is listed at $916, while the average apartment in La Luz costs $1,700.
What types of apartments are the cheapest in La Luz?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 15 regular apartments in La Luz that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
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.
Articles, How-To's, and Tips
A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
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.