Cheap Apartments for Rent in Los Lunas, NM from $500 (72 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
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The French Quarter
Rent Specials
$795 - $880

Total Monthly Price

Base Rent$795 - $880
Total Monthly Price$795 - $880
1 Bedroom Apartments Available Now

The French Quarter

1101-1121 Palomas Dr SEAlbuquerque, NM 87108
Corporate Housing
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Tierra Linda
$1,088 - $1,679

Total Monthly Price

Base Rent$1,088 - $1,679
Total Monthly Price$1,088 - $1,679
1 to 4 Bedroom Apartments Available Soon

Tierra Linda

3450 98th StAlbuquerque, NM 87121
Affordability
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  • Low Income
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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
Transit Friendly
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  • Customer Reviewed
  • Utilities Included

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Diamond Mesa
Rent Specials
$1,439 - $9,161

Total Monthly Price

Base Rent$1,439 - $9,161
Total Monthly PriceVaries
1 to 4 Bedroom Apartments Available Now

Diamond Mesa

2300 Diamond Mesa Trl SWAlbuquerque, NM 87121
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  • Customer Reviewed
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Canon de Arrowhead
1 to 3 Bedroom Apartments

Canon de Arrowhead

1700 Market St NWAlbuquerque, NM 87120
  • Utilities Included
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University Village
Studio Apartments

University Village

1901 University Blvd SEAlbuquerque, NM 87106
Corporate Housing
  • Utilities Included

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509 Girard Terrace
Studio to 2 Bedroom Apartments

509 Girard Terrace

509 Girard Blvd SEAlbuquerque, NM 87106
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Adobe Manor Apartments
Studio Apartments

Adobe Manor Apartments

7412 Central Ave SWAlbuquerque, NM 87121
  • Utilities Included
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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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The Valencia
1 to 3 Bedroom Apartments

The Valencia

1020 Valencia DrAlbuquerque, NM 87108
  • Utilities Included
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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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Pine St Studios
Studio to 2 Bedroom Apartments

Pine St Studios

414 Pine St SEAlbuquerque, NM 87106
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Don Quixote Apartments
Studio to 2 Bedroom Apartments

Don Quixote Apartments

1811 Lead Ave SEAlbuquerque, NM 87106
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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

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Los Lunas, NM Local Guide

Cheapest Available Los Lunas Apartments for Rent

 

The cheapest available apartment rental in Los Lunas, NM is a Studio unit found at Diamond Elite Luxury Townhomes in the Southwest Quadrant neighborhood priced from $699. Millennium Flats in the Silver Lofts 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 Los Lunas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Diamond Elite Luxury TownhomesStudio/1 BathStudio, 1BA$699
Millennium FlatsUnit Type BStudio, 1BA$795
The French Quarter1 x1 Reno (630Sqft)1BR, 1BA$795
Sage at 6010 x 1 AStudio, 1BA$799
La Vida NuevaStudiosStudio, 1BA$800
2121 Gold Ave SE2121 Gold Street SE - Unit 131BR, 1BA$850
Silver Gardens Apartments1 Bedroom (50%)1BR, 1BA$865
Silver Moon LodgeStudioStudio, 1BA$897
Las Brisas1 Bed, 1 Bath A (60% Income Restricted)1BR, 1BA$922
Villa ApartmentsStudioStudio, 1BA$935

Best Value Apartments for Rent in Los Lunas, NM

As of September 19, 2026 the best value apartment in the Los Lunas area is the $1.27 price per square foot 5 Bed/5 Bath TH Model at Diamond Elite Luxury Townhomes in the Southwest Quadrant neighborhood starting from $2,500. The second greatest value Los Lunas apartment is the Three Bedroom Model at Taylor Ridge Apartments in the Southwest Quadrant neighborhood starting at $1,600 with a $1.28 price per square foot. 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 Elite Luxury Townhomes5 Bed/5 Bath TH5BR, 5BA$1.27
Taylor Ridge ApartmentsThree Bedroom3BR, 2BA$1.28
Canon de Arrowhead2 bedroom 2 bath2BR, 2BA$1.25
The Valencia2x1 Lg 859 sq. ft.2BR, 1BA$1.47
The Lanai Apartments2BD/1B2BR, 1BA$1.36
Vail Manor Apartments2BD2BR, 1BA$1.25
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR, 1BA$1.37
The French Quarter1 x1 Reno (630Sqft)1BR, 1BA$1.26
Silver Gardens Apartments1 Bedroom (50%)1BR, 1BA$1.40
Las Brisas1 Bed, 1 Bath A (60% Income Restricted)1BR, 1BA$1.51

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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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Los Lunas, NM

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Remember the 3 Rules of Real Estate:
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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 Diamond Elite Luxury Townhomes listed at $699.

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

The lowest price for a Cheap One Bedroom Los Lunas Apartment is $795 at The French Quarter.

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 $999 at Vail Manor Apartments.

What is the most affordable Los Lunas Three Bedroom Apartment?

The best deal on a cheap Los Lunas 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.

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