Cheap Apartments for Rent in Laguna, NM from $700 (24 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-24, 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 - Washer-Dryer Included in the Silver Lofts neighborhood priced from $740. 9317 Central Ave in the Ironhorse at El Rancho Grande neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here is today’s list of the most affordable Laguna apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Millennium Flats - Washer-Dryer IncludedStudioStudio,1BA$740
9317 Central AveWest StudiosStudio,1BA$795
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Ceja Vista Senior 55+One Bedroom1BR,1BA$941
Canon de Arrowhead1 bedroom 1 bath1BR,1BA$964

Best Value Apartments for Rent in Laguna, NM and Nearby

As of July 30, 2025 the best value apartment in the Laguna area is the $1.50 price per square foot Garnet Model at Diamond Mesa in the in the Ironhorse at El Rancho Grande neighborhood starting from $1,873. The second greatest value Laguna apartment is the 3B: Cottonwood (TR) Model at Taylor Ranch starting at $1,750 with a $1.44 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.
Diamond MesaGarnet3BR,2.5BA$1.50
Taylor Ranch3B: Cottonwood (TR)3BR,2BA$1.44
Taylor Ridge ApartmentsTwo Bedroom One Bath2BR,1BA$1.00
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Stride Westa10ar - Renovated1BR,1BA$1.62
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1.47
Villa HermosaThe Aztec1BR,1BA$1.39
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.54
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53
Ceja Vista Senior 55+One Bedroom1BR,1BA$1.64

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Location, Location, Location!

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Getting Around Laguna, NM

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

22 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 - Washer-Dryer Included listed at $740.

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

The lowest price for a Cheap One Bedroom Laguna Apartment is $902 at Volcanes Commons.

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 $987 at Tierra Pointe.

What is the most affordable Laguna Three Bedroom Apartment?

The best deal on a cheap Laguna Three Bedroom Apartment rental is at Volcanes Commons and starts from $1,232.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.