Cheap Apartments for Rent near La Luz, NM from $411 (25 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in La Luz.

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.

Read Article

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
205 Mechem Dr
Studio to 3 Bedroom Apartments

205 Mechem Dr

205 Mechem DrRuidoso, NM 88345
close
View Me
100 Lower Terrace Dr
Studio to 2 Bedroom Apartments

100 Lower Terrace Dr

100 Lower Terrace DrRuidoso, NM 88345
close
View Me
311 Mechem Dr
Studio to 3 Bedroom Apartments

311 Mechem Dr

311 Mechem DrRuidoso, NM 88345
  • Utilities Included
close
View Me
301 Mechem Dr
2 to 3 Bedroom Apartments

301 Mechem Dr

301 Mechem DrRuidoso, NM 88345

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
Showing Results 1-25, Page 1 of 1

La Luz, NM Local Guide

Cheapest Available La Luz Apartments for Rent and Nearby

 

The cheapest available apartment rental in La Luz, NM is a 1 Bed unit found at Azotea Apartments 62+ priced from $544. Cottonwood Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $554. Here is today’s list of the most affordable La Luz apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Azotea Apartments 62+1 Bedroom1BR,1BA$544
Cottonwood Commons1 Bedroom1BR,1BA$554
La Tierra 55+1 Bedroom1BR,1BA$770
Woodlands Cabins2 bed2BR,1BA$1,295
Cielo at Alamogordo3 Bedroom 2 Bathroom3BR,1BA$1,355

Best Value Apartments for Rent in La Luz, NM and Nearby

As of September 01, 2026 the best value apartment in the La Luz area is the $1.44 price per square foot 3 Bedroom 2 Bathroom Model at Cielo at Alamogordo in the starting from $1,355. The second greatest value La Luz apartment is the 2 bed Model at Woodlands Cabins starting at $1,295 with a $1.62 price per square foot . 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.
Cielo at Alamogordo3 Bedroom 2 Bathroom3BR,1BA$1.44
Woodlands Cabins2 bed2BR,1BA$1.62
La Tierra 55+2 Bedrooms2BR,1BA$1.16
Azotea Apartments 62+1 Bedroom1BR,1BA$0.73
Cottonwood Commons1 Bedroom1BR,1BA$1.01

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore La Luz, NM Rentals by Map

Decorative image of map

See the most popular apartments and homes in La Luz, NM

View Map
La Luz, NM Apartments Map
View Map
La Luz, NM Rental Homes Map

Frequently Asked Questions about Cheap La Luz Apartments

How much is rent for a Cheap One Bedroom La Luz Apartment?

The lowest price for a Cheap One Bedroom La Luz Apartment is $544 at Azotea Apartments 62+.

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 $931 at La Tierra 55+.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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

Written by: Robin Stewart

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

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.