Cheap Homes for Rent in the La Luz Neighborhood of Albuquerque, NM from $800 (3 Rentals)

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Search the lowest-cost Homes available for rent right now in the La Luz area of Albuquerque.

Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers

Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

La Luz, Albuquerque, NM Local Guide

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Villas @ Rio2BR/2.0BA2BR,2BA$1.69
Poblana PlaceF 2/22BR,2BA$1.83
Peaks at Los RanchosRed Rock Canyon Renovated2BR,2BA$1.46
Valley ApartmentsGrand Platinum3BR,2BA$1.86
Q @ VassarWillow2BR,1BA$1.97
Cresta North ValleyRenovated1BR,1BA$1.75
Peaks at Sandia View1x1R-6381BR,1BA$1.68
Lifestyles at Renaissance1 Bed, 1 Bath1BR,1BA$2.23
The Artisan @ Sawmill Village1x1 Market 420 sq.ft.1BR,1BA$2.98
Union 505StudioStudio ,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.

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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.

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Real 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.

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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.

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Pet Friendly Lifestyle
La Luz, Albuquerque, NM

Ranked #199

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about La Luz

What type of rentals are currently available in La Luz?

There are currently 71 Apartments for Rent in La Luz, NM with pricing that ranges from $785 to $2,863. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in La Luz ranging from $875 to $5,200.

What is the current price range for Rental Homes in La Luz?

Today's rental pricing for Homes for Rent, Condos and Townhomes in La Luz ranges from $875 to $5,200 with an average monthly rent of $1,795.

How much are larger Three and Four Bedroom Rentals in La Luz?

For those who are looking for larger living arrangements, Three Bedroom Apartments in La Luz range from $1,398 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,400. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $2,195.

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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Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers

Written by: Esther Lombardi

I still recollect my first morning commute in Albuquerque.

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Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City

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Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

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The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Written by: Esther Lombardi

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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A Local Expert's Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque

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Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.