Cheap Apartments for Rent in Laguna, NM from $795 (59 Rentals)

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

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.

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Valley Apartments
$1,129 - $1,955

Total Monthly Price

Base Rent$1,129 - $1,955
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Valley Apartments

1812 Indian School Rd NWAlbuquerque, NM 87104
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Aydan
Rent Specials
$1,179 - $1,825

Total Monthly Price

Base Rent$1,179 - $1,825
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Aydan

6000 Montano Plaza Dr NWAlbuquerque, NM 87120
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Taylor Ranch
Rent Specials
$1,189 - $1,925

Total Monthly Price

Base Rent$1,189 - $1,925
Total Monthly Price$1,189 - $1,925
1 to 3 Bedroom Apartments Available Now

Taylor Ranch

5601 Taylor Ranch Rd NWAlbuquerque, NM 87120
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Nine-O-Nine Apartments
$1,195 - $1,395

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
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Stride West
$1,304 - $2,426

Total Monthly Price

Base Rent$1,304 - $2,426
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Stride West

6101 Sequoia Rd NWAlbuquerque, NM 87120
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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.

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Diamond Mesa
$1,426 - $7,503

Total Monthly Price

Base Rent$1,426 - $7,503
Total Monthly PriceVaries
1 to 4 Bedroom Apartments Available Now

Diamond Mesa

2300 Diamond Mesa Trl SWAlbuquerque, NM 87121
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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.

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Tierra Pointe
Studio to 3 Bedroom Apartments

Tierra Pointe

6901-6901 Los Volcanes Rd NWAlbuquerque, NM 87121
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Canon de Arrowhead
1 to 3 Bedroom Apartments

Canon de Arrowhead

1700 Market St NWAlbuquerque, NM 87120
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Adobe Manor Apartments
Studio Apartments

Adobe Manor Apartments

7412 Central Ave SWAlbuquerque, NM 87121
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Route 66 Headquarters
Studio to 1 Bedroom Apartments

Route 66 Headquarters

9317 Central Ave NWAlbuquerque, NM 87121
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El Campo Apartments
Studio to 1 Bedroom Apartments

El Campo Apartments

5800 Central Ave SWAlbuquerque, NM 87105
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Volcanes Commons
1 to 3 Bedroom Apartments

Volcanes Commons

6901 Glenrio 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.

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Ceja Vista Senior 55+
1 to 2 Bedroom Apartments

Ceja Vista Senior 55+

10001 Ceja Vista Rd SWAlbuquerque, NM 87121
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Phoenix Apartments
1 to 3 Bedroom Apartments

Phoenix Apartments

1720 Atrisco Dr NWAlbuquerque, NM 87105
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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.

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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 Tierra Pointe in the Ironhorse at El Rancho Grande neighborhood priced from $791. 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
Tierra PointeS1Studio,1BA$791
Silver Moon LodgeStudioStudio,1BA$897
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$964
Villa HermosaThe Pueblo2BR,1BA$1,028
Mesa Ridge ApartmentsThe Iris1BR,1BA$1,029
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR,1BA$1,050
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1,154
AydanPinon Renovated1BR,1BA$1,179
The Artisan @ Sawmill VillageRetail SpaceStudio,$1,190
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1,195

Best Value Apartments for Rent in Laguna, NM and Nearby

As of September 07, 2026 the best value apartment in the Laguna area is the $1.28 price per square foot Three Bedroom Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,600. The second greatest value Laguna apartment is the 2 Bed 1.5 Bath Townhome Model at City View starting at $1,470 with a $1.23 price per square foot in the Northwest Quadrant 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.
Taylor Ridge ApartmentsThree Bedroom3BR,2BA$1.28
City View2 Bed 1.5 Bath Townhome2BR,1.5BA$1.23
Resort at Sandia Village2 bed 2 bath2BR,2BA$1.67
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Phoenix Apartments2 bedroom 1 bath2BR,1BA$1.72
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR,1BA$1.37
Del Rio ApartmentsAspen1BR,1BA$1.68
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1.68
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.38
Villa HermosaThe Aztec1BR,1BA$1.50

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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

Explore Laguna, NM Rentals by Map

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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 Tierra Pointe listed at $791.

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

The lowest price for a Cheap One Bedroom Laguna Apartment is $956 at Silver Moon Lodge.

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 $1,028 at Villa Hermosa.

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

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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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.

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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.