
Cheap Homes for Rent near Los Lunas, NM from $925 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Los Lunas.


93 Greer Rd

607 1/2 Baca Ave
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4721 Skyway Ct SW

9623 Gemstone Rd SW

106 Fulton Ave
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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 | $1,758 | $1,575 | $1,850 |
| Los Lunas 3 Bedroom Homes for Rent | $2,207 | $1,475 | $4,500 |
| Los Lunas 4 Bedroom Homes for Rent | $2,422 | $1,995 | $4,500 |
Browse Top Homes for Rent in Los Lunas
Explore Los Lunas
Los Lunas, NM Local Guide
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Cheapest Available Los Lunas Apartments for Rent and Nearby
 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. Sage at 601 in the Hunning Highland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Los Lunas apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Diamond Elite Luxury Townhomes | Studio/1 Bath | Studio,1BA | $699 |
| Sage at 601 | 1 x 1 A | 1BR,1BA | $799 |
| La Vida Nueva | Studios | Studio,1BA | $800 |
Best Value Apartments for Rent in Los Lunas, NM and Nearby
As of September 12, 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 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 starting at $1,600 with a $1.28 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Diamond Elite Luxury Townhomes | 5 Bed/5 Bath TH | 5BR,5BA | $1.27 |
| Taylor Ridge Apartments | Three Bedroom | 3BR,2BA | $1.28 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.37 |
| Zodiac Apartments | 2BR/1.0BA | 2BR,1BA | $1.57 |
| Somerset Park | 1 Bed 1 Bath 652 sq ft | 1BR,1BA | $1.54 |
| The Lanai Apartments | 1BD/1B | 1BR,1BA | $1.38 |
| The French Quarter | 1 x1 Reno (630Sqft) | 1BR,1BA | $1.40 |
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $1.40 |
| Las Brisas | 1 Bed, 1 Bath A (60% Income Restricted) | 1BR,1BA | $1.51 |
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
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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.
Best Local Schools in Los Lunas, NM
Katherine Gallegos Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Los Lunas, NM Rentals by Map
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 67 Apartments for Rent in Los Lunas, NM with pricing that ranges from $500 to $2,725. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Los Lunas ranging from $925 to $4,500.
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 $925 to $4,500 with an average monthly rent of $2,285.
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 $1,250 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,475 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $1,400.
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

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