Cheap Apartments for Rent near Laguna, NM from $700 (48 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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 Laguna.

close
View Me
Valley Apartments
Rent Specials
$1,032 - $1,583
Total Monthly Price

Total Monthly Price

Base Rent
$1,032 - $1,583
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Valley Apartments

1812 Indian School Rd NWAlbuquerque, NM 87104
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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
close
View Me
Nine-O-Nine Apartments
Rent Specials
$1,195 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,395
Total Monthly Price
$1,195 - $1,395
1 to 2 Bedroom Apartments Available Now

Nine-O-Nine Apartments

909 Tijeras Ave NWAlbuquerque, NM 87102
Transit Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Stride West
$1,257 - $2,496
Total Monthly Price

Total Monthly Price

Base Rent
$1,257 - $2,496
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Stride West

6101 Sequoia Rd NWAlbuquerque, NM 87120
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Aydan
$1,290 - $2,116
Total Monthly Price

Total Monthly Price

Base Rent
$1,290 - $2,116
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Aydan

6000 Montano Plaza Dr NWAlbuquerque, NM 87120
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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
Taylor Ranch
Rent Specials
$1,485 - $1,855
Total Monthly Price

Total Monthly Price

Base Rent
$1,485 - $1,855
Total Monthly Price
$1,485 - $1,855
2 to 3 Bedroom Apartments Available Now

Taylor Ranch

5601 Taylor Ranch Rd NWAlbuquerque, NM 87120
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Diamond Mesa
$1,535 - $9,226
Total Monthly Price

Total Monthly Price

Base Rent
$1,535 - $9,226
Total Monthly Price
Varies
1 to 4 Bedroom Apartments Available Now

Diamond Mesa

2300 Diamond Mesa Trl SWAlbuquerque, NM 87121
  • Verified
  • Customer Reviewed
  • 3D Tour

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
close
View Me
Canon de Arrowhead
1 to 3 Bedroom Apartments

Canon de Arrowhead

1700 Market St NWAlbuquerque, NM 87120
  • Utilities Included
close
View Me
Adobe Manor Apartments
Studio Apartments

Adobe Manor Apartments

7412 Central Ave SWAlbuquerque, NM 87121
  • Utilities Included
close
View Me
Route 66 Headquarters
Studio to 1 Bedroom Apartments

Route 66 Headquarters

9317 Central Ave NWAlbuquerque, NM 87121
  • Utilities Included
close
View Me
El Campo Apartments
Studio to 1 Bedroom Apartments

El Campo Apartments

5800 Central Ave SWAlbuquerque, NM 87105
  • Utilities Included
close
View Me
Volcanes Commons
1 to 3 Bedroom Apartments

Volcanes Commons

6901 Glenrio Rd NWAlbuquerque, NM 87121
close
View Me
Ceja Vista Senior 55+
1 to 2 Bedroom Apartments

Ceja Vista Senior 55+

10001 Ceja Vista Rd SWAlbuquerque, NM 87121
Senior Living
  • Utilities Included
close
View Me
Tierra Pointe
Studio to 3 Bedroom Apartments

Tierra Pointe

6901-6901 Los Volcanes Rd NWAlbuquerque, NM 87121

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
close
View Me
Phoenix Apartments
1 to 3 Bedroom Apartments

Phoenix Apartments

1720 Atrisco Dr NWAlbuquerque, NM 87105
close
View Me
Paseo del Rio II
1 to 3 Bedroom Apartments

Paseo del Rio II

501 Poco Loco Dr SWAlbuquerque, NM 87105
Corporate Housing
  • Utilities Included

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.

Read Article
Showing Results 1-48, Page 1 of 1

Laguna, NM Local Guide

Cheapest Available Laguna Apartments for Rent and Nearby

 

The cheapest available apartment rental in Laguna, NM is a Studio unit found at Millennium Flats in the Silver Lofts neighborhood priced from $775. Silver Moon Lodge in the Hunning Highland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $897. Here is today’s list of the most affordable Laguna apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Millennium FlatsUnit Type AStudio,1BA$775
Silver Moon LodgeStudioStudio,1BA$897
Tierra PointeA11BR,1BA$947
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$964
Alvarado ApartmentsAStudio,1BA$979
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR,1BA$1,031
Villa HermosaThe Pueblo2BR,1BA$1,068
Valley ApartmentsAzure Platinum1BR,1BA$1,142
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1,154
The Artisan @ Sawmill VillageRetail SpaceStudio,$1,190

Best Value Apartments for Rent in Laguna, NM and Nearby

As of July 21, 2026 the best value apartment in the Laguna area is the $1.61 price per square foot Geneva Model at Las Mananitas Apartments in the in the Northwest Quadrant neighborhood starting from $2,240. The second greatest value Laguna apartment is the Jade 2-Car Garage Attached Model at Via Verde starting at $2,160 with a $1.65 price per square foot in the Paradise Hills neighborhood. Here is today’s list of the best values for Laguna apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Las Mananitas ApartmentsGeneva3BR,2BA$1.61
Via VerdeJade 2-Car Garage Attached2BR,2.5BA$1.65
Taylor Ridge ApartmentsThree Bedroom3BR,2BA$1.28
Villas @ Rio2BR/2.0BA2BR,2BA$1.69
Taylor RanchAspen (Premium)2BR,2BA$1.55
Villa HermosaThe Taos2BR,2BA$1.25
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR,1BA$1.34
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1.68
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.38

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 Laguna, NM Rentals by Map

Decorative image of map

See the most popular apartments and homes in Laguna, NM

View Map
Laguna, NM Apartments Map
View Map
Laguna, NM Rental Homes Map

Frequently Asked Questions about Cheap Laguna Apartments

What is the Cheapest Studio apartment in Laguna?

Currently the most affordable Cheap Studio Apartment in Laguna is at Millennium Flats listed at $775.

How much is rent for a Cheap One Bedroom Laguna Apartment?

The lowest price for a Cheap One Bedroom Laguna Apartment is $947 at Tierra Pointe.

What is the lowest price for a Cheap Two Bedroom Laguna Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Laguna is starting from $1,031 at Generations at West Mesa.

What is the most affordable Laguna Three Bedroom Apartment?

The best deal on a cheap Laguna Three Bedroom Apartment rental is at Canon de Arrowhead and starts from $1,331.

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 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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

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.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.