
Cheap Apartments for Rent in the La Luz Neighborhood of Albuquerque, NM from $400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the La Luz area of Albuquerque.


Citadel - Free Utilities

Total Monthly Price
Union 505

Total Monthly Price
Valley Apartments

Peaks at Sandia View

1237 Menaul Blvd NW

Lifestyles at Renaissance

The Artisan @ Sawmill Village
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Peaks at Los Ranchos

Total Monthly Price
1204 Sawmill Rd NW

Total Monthly Price
Siegel Select Albuquerque I

Villas @ Rio

Q @ Vassar

404 Prospect Ave NE

Calle Cuarta

1420 4th St NW
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Candelaria Gardens

Sawmill Lofts

Aztec Manor

Villa Nueva Senior Apartments

426 Headingly Ave NW

Los Arcos

Faraday

Fourth Street Flats
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2440 Rose Ave NW

Cresta North Valley

Poblana Place

3908 12th St NW

5411 4th St NW

3939 Rio Grande Blvd NW

221 Hendrix Rd NW

4449 3rd St NW
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Trailhead at Chamizal - NOW LEASING

501 El Paraiso Rd NW
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 | $1,083 | $794 | $1,661 |
| La Luz 1 Bedroom Apartments | $1,234 | $785 | $2,863 |
| La Luz 2 Bedroom Apartments | $1,540 | $993 | $2,349 |
| La Luz 3 Bedroom Apartments | $1,708 | $1,398 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 34 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
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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 $844. 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 | $844 |
| Peaks at Sandia View | 1x1-640 | 1BR,1BA | $975 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,122 |
| The Artisan @ Sawmill Village | Retail Space | Studio, | $1,190 |
| Cresta North Valley | Renovated | 1BR,1BA | $1,225 |
| Lifestyles at Renaissance | 1 Bed, 1 Bath | 1BR,1BA | $1,333 |
| Siegel Select Albuquerque I | Studio Suite | Studio,1BA | $1,363 |
| Villas @ Rio | 1BR/1.0BA | 1BR,1BA | $1,425 |
| Peaks at Los Ranchos | Red Rock Canyon Renovated | 2BR,2BA | $1,425 |
Best Value Apartments for Rent in La Luz, NM
As of July 29, 2026 the best value apartment in the La Luz area is the $1.69 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $1,825. The second greatest value La Luz apartment is the F 2/2 Model at Poblana Place starting at $1,895 with a $1.83 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 | $1.69 |
| Poblana Place | F 2/2 | 2BR,2BA | $1.83 |
| Peaks at Los Ranchos | Red Rock Canyon Renovated | 2BR,2BA | $1.46 |
| Valley Apartments | Grand Platinum | 3BR,2BA | $1.86 |
| Q @ Vassar | Willow | 2BR,1BA | $1.97 |
| Cresta North Valley | Renovated | 1BR,1BA | $1.75 |
| Peaks at Sandia View | 1x1R-638 | 1BR,1BA | $1.68 |
| Lifestyles at Renaissance | 1 Bed, 1 Bath | 1BR,1BA | $2.23 |
| The Artisan @ Sawmill Village | 1x1 Market 420 sq.ft. | 1BR,1BA | $2.98 |
| Union 505 | Studio | Studio ,1BA | $2.60 |
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 #198
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 $1,425.
What is the price of a cheap apartment in La Luz?
The cheapest apartment in La Luz is Peaks at Sandia View which is listed at $975, while the average apartment in La Luz costs $1,756.
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 4 regular apartments in La Luz that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in La Luz?
Cheap apartments in La Luz have an average cost of $130 which is $1,626 cheaper than the average rent for all rentals in La Luz.
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

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I still recollect my first morning commute in Albuquerque.

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