
Cheap Apartments for Rent in the La Luz Neighborhood of Albuquerque, NM from $400 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the La Luz area of Albuquerque.


Total Monthly Price
Union 505

Citadel - Free Utilities

513 Candelaria Rd NW

Lifestyles at Renaissance

Peaks at Sandia View

Total Monthly Price
Valley Apartments
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Peaks at Los Ranchos

The Artisan @ Sawmill Village

Total Monthly Price
1204 Sawmill Rd NW

Total Monthly Price
Siegel Select Albuquerque I

Villas @ Rio

505 Headingly Ave NW

Q @ Vassar
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5800 2nd St NW

Calle Cuarta

1420 4th St NW

Candelaria Gardens

Sawmill Lofts

Aztec Manor

Villa Nueva Senior Apartments
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Los Arcos

Faraday

426 Headingly Ave NW

Fourth Street Flats

2440 Rose Ave NW

Cresta North Valley

Poblana Place
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500 Phoenix Ave NW

Trailhead at Chamizal - NOW LEASING
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 | $975 | $700 | $1,661 |
| La Luz 1 Bedroom Apartments | $1,237 | $800 | $2,641 |
| La Luz 2 Bedroom Apartments | $1,558 | $1,023 | $2,465 |
| La Luz 3 Bedroom Apartments | $1,774 | $1,398 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the La Luz Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
La Luz, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
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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 $756. Peaks at Sandia View has the second lowest priced unit, which is a 1 Bed 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 | $756 |
| Peaks at Sandia View | 1x1-638 | 1BR,1BA | $975 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,094 |
| The Artisan @ Sawmill Village | Retail Space | Studio, | $1,190 |
| Peaks at Los Ranchos | Desert Breeze Renovated | 1BR,1BA | $1,199 |
| Cresta North Valley | Renovated | 1BR,1BA | $1,225 |
| Siegel Select Albuquerque I | Studio Suite | Studio,1BA | $1,363 |
| Poblana Place | I 1/1 | 1BR,1BA | $1,395 |
| Villas @ Rio | 1BR/1.0BA | 1BR,1BA | $1,425 |
Best Value Apartments for Rent in La Luz, NM
As of June 11, 2026 the best value apartment in the La Luz area is the $1.76 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $1,900. The second greatest value La Luz apartment is the I 1/1 Model at Poblana Place starting at $1,395 with a $1.92 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 | $1.76 |
| Poblana Place | I 1/1 | 1BR,1BA | $1.92 |
| Peaks at Los Ranchos | Desert Breeze Renovated | 1BR,1BA | $1.70 |
| Cresta North Valley | Renovated | 1BR,1BA | $1.75 |
| Peaks at Sandia View | 1x1R-638 | 1BR,1BA | $1.57 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1.81 |
| 1204 Sawmill Rd NW | 1204 Sawmill Rd NW | 1BR,1BA | $3.09 |
| The Artisan @ Sawmill Village | 1x1 Market 420 sq.ft. | 1BR,1BA | $2.98 |
| Union 505 | Studio | Studio ,1BA | $2.33 |
| Siegel Select Albuquerque I | Large Studio | Studio ,1BA | $5.37 |
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.
Read ArticleDon'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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleLa Luz, Albuquerque, NM
Ranked #194
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 the Cheapest Studio apartment in La Luz?
Currently the most affordable Cheap Studio Apartment in La Luz is at Union 505 listed at $756.
How much is rent for a Cheap One Bedroom La Luz Apartment?
The lowest price for a Cheap One Bedroom La Luz Apartment is $975 at Peaks at Sandia View.
What is the lowest price for a Cheap Two Bedroom La Luz Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in La Luz is starting from $1,152 at Valley Apartments.
What is the most affordable La Luz Three Bedroom Apartment?
The best deal on a cheap La Luz Three Bedroom Apartment rental is at The Artisan @ Sawmill Village and starts from $1,398.
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.
Helpful Local Expert Guides

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.

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There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.