Cheap Apartments for Rent in Los Lunas, NM from $500 (33 Rentals)

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

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Hillridge Apartments
2 to 3 Bedroom Apartments

Hillridge Apartments

1450 Adela LnLos Lunas, NM 87031
  • Utilities Included
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Villa Escondida
2 to 5 Bedroom Apartments

Villa Escondida

1114 Los Claveles Dr SELos Lunas, NM 87031
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Gerald Chavez
2 Bedroom Apartments

Gerald Chavez

524 Gerald Chavez Ln NELos Lunas, NM 87031
  • Utilities Included

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Showing Results 1-33, Page 1 of 1

Los Lunas, NM Local Guide

Cheapest Available Los Lunas Apartments for Rent and Nearby

 

The cheapest available apartment rental in Los Lunas, NM is a 1 Bed unit found at Silver Gardens Apartments in the Netherwood Park neighborhood priced from $740. Millennium Flats - Washer-Dryer Included in the Silver Lofts neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here is today’s list of the most affordable Los Lunas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Silver Gardens Apartments1 Bedroom (50%)1BR,1BA$740
Millennium Flats - Washer-Dryer IncludedStudioStudio,1BA$740
Home @ Valencia1bd/1ba1BR,1BA$750
9317 Central AveWest StudiosStudio,1BA$795
University VillageStudio-Internet, DirecTV, Utilities IncludedStudio,1BA$800
Las Brisas1 Bed, 1 Bath1BR,1BA$828
Don Quixote ApartmentsStudioStudio,1BA$865
Somerset Park1 Bed, 1 Bath 571 Sq Ft1BR,1BA$880
Silver Moon LodgeStudio 2Studio,1BA$897
The Lanai Apartments1BD/1B1BR,1BA$900

Best Value Apartments for Rent in Los Lunas, NM and Nearby

As of July 25, 2025 the best value apartment in the Los Lunas area is the $1.43 price per square foot Garnet Model at Diamond Mesa in the in the Ironhorse at El Rancho Grande neighborhood starting from $1,782. The second greatest value Los Lunas apartment is the Two Bedroom One Bath Model at Taylor Ridge Apartments starting at $1,200 with a $1.00 price per square foot in the Southwest Quadrant neighborhood. Here is today’s list of the best values for Los Lunas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Diamond MesaGarnet3BR,2.5BA$1.43
Taylor Ridge ApartmentsTwo Bedroom One Bath2BR,1BA$1.00
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
3409 Thaxton Ave SE3 Bedroom3BR,1.5BA$1.39
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1.47
The Lanai Apartments1BD/1B1BR,1BA$1.38
The French Quarter1x1 Classic (630sqft) RH1BR,1BA$1.45
Las Brisas1 Bed, 1 Bath1BR,1BA$1.36
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53
Home @ Valencia1bd/1ba - Rehabbed1BR,1BA$1.45

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Best Local Schools in
Los Lunas, NM

School data provided by Great Schools

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Getting Around Los Lunas, NM

Walk Score®

38 / 100

Car-Dependent

Most errands require a car

Bike Score®

36 / 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 Los Lunas Apartments

What is the Cheapest Studio apartment in Los Lunas?

Currently the most affordable Cheap Studio Apartment in Los Lunas is at Millennium Flats - Washer-Dryer Included listed at $740.

How much is rent for a Cheap One Bedroom Los Lunas Apartment?

The lowest price for a Cheap One Bedroom Los Lunas Apartment is $740 at Silver Gardens Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Los Lunas is starting from $985 at Las Brisas.

What is the most affordable Los Lunas Three Bedroom Apartment?

The best deal on a cheap Los Lunas 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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