545 Cedar St SE
AlbuquerqueNM87106
Cheap Homes for Rent in Los Lunas, NM from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Los Lunas.
543 Cedar St SE
AlbuquerqueNM87106
544 Montevista Dr NE
Los LunasNM87031
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.
2800 Vail Ave SE
AlbuquerqueNM87106
907 Stover Ave SW
AlbuquerqueNM87102
4301 Riley Rd SW
AlbuquerqueNM87121
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
1969 Panay Dr
Los LunasNM87031
Showing Results 1-7, Page 1 of 1
Los Lunas, NM Local Guide
How much does it cost to rent a home in Los Lunas?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Los Lunas 2 Bedroom Homes for Rent | $2,125 | $1,400 | $4,200 |
| Los Lunas 3 Bedroom Homes for Rent | $2,252 | $1,600 | $5,000 |
| Los Lunas 4 Bedroom Homes for Rent | $2,573 | $2,098 | $4,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Los Lunas, NM Local Guide
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Cheapest Available Los Lunas Apartments for Rent
The cheapest available apartment rental in Los Lunas, NM is a 1 Bed unit found at Home @ Valencia in the South San Pedro neighborhood priced from $695. Diamond Elite Luxury Townhomes in the Southwest Quadrant neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable Los Lunas apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Home @ Valencia | 1bd/1ba | 1BR,1BA | $695 |
| Diamond Elite Luxury Townhomes | Studio/1 Bath | Studio,1BA | $699 |
| Villa De San Felipe | 0 x 1 C | Studio,1BA | $749 |
Best Value Apartments for Rent in Los Lunas, NM
As of June 13, 2026 the best value apartment in the Los Lunas 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 Los Lunas apartment is the 2 bedroom 2 bath Model at Canon de Arrowhead starting at $1,154 with a $1.25 price per square foot in the Alamosa neighborhood. Here is today’s list of the best values for Los Lunas apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Taylor Ridge Apartments | Three Bedroom | 3BR,2BA | $1.28 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Villa Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| Tierra Linda Apartments | A1 | 1BR,1BA | $1.36 |
| The Portals Apartments | A1 | 1BR,1BA | $1.14 |
| Vail Manor Apartments | 1BD | 1BR,1BA | $1.38 |
| The Lanai Apartments | 3rd Floor 1be/1bath | 1BR,1BA | $1.38 |
| 509 Girard Terrace | 1 bedroom 1 bathroom | 1BR,1BA | $1.28 |
| Pine St Studios | Unit 08 | 1BR,1BA | $1.31 |
| Home @ Valencia | 1bd/1ba | 1BR,1BA | $1.26 |
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
Read Article
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Los Lunas, NM
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Los Lunas, NM
Frequently Asked Questions about Los Lunas
What type of rentals are currently available in Los Lunas?
There are currently 65 Apartments for Rent in Los Lunas, NM with pricing that ranges from $500 to $2,664. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Los Lunas ranging from $750 to $5,000.
What is the current price range for Rental Homes in Los Lunas?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Los Lunas ranges from $750 to $5,000 with an average monthly rent of $1,823.
How much are larger Three and Four Bedroom Rentals in Los Lunas?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Los Lunas range from $1,150 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,098 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.
Helpful Local Expert Guides
A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.
The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.
Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
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Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.
Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
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I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.