Cheap Homes for Rent in Laguna, NM from $1,400 (8 Rentals)

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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.

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.

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 $820. Tierra Pointe in the Ironhorse at El Rancho Grande neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $878. Here is today’s list of the most affordable Laguna apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Millennium FlatsUnit Type BStudio,1BA$820
Tierra PointeA11BR,1BA$878
Silver Moon LodgeStudioStudio,1BA$897

Best Value Apartments for Rent in Laguna, NM and Nearby

As of February 20, 2026 the best value apartment in the Laguna area is the $1.00 price per square foot Two Bedroom One Bath Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,200. The second greatest value Laguna apartment is the 2 Bed 2 Bath B Model at City View starting at $1,410 with a $1.42 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 ApartmentsTwo Bedroom One Bath2BR,1BA$1.00
City View2 Bed 2 Bath B2BR,2BA$1.42
Resort at Sandia Village2x2 Reno2BR,2BA$1.57
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Stride Westa10ar - Renovated1BR,1BA$1.47
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR,1BA$1.48
Mesa Ridge ApartmentsThe Rose1BR,1BA$1.38
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

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

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Frequently Asked Questions about Laguna

What type of rentals are currently available in Laguna?

There are currently 44 Apartments for Rent in Laguna, NM with pricing that ranges from $730 to $3,995. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Laguna ranging from $1,400 to $3,400.

What is the current price range for Rental Homes in Laguna?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Laguna ranges from $1,400 to $3,400 with an average monthly rent of $2,161.

How much are larger Three and Four Bedroom Rentals in Laguna?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Laguna range from $1,150 to $3,445, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,999. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,300.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.