Cheap Homes for Rent in Los Lunas, NM from $800 (5 Rentals)

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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.

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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.

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 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
Silver Gardens Apartments1 Bedroom (50%)1BR,1BA$740
Millennium FlatsUnit Type BStudio,1BA$795
Tierra PointeS1Studio,1BA$796

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

As of January 25, 2026 the best value apartment in the Los Lunas 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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Taylor Ridge ApartmentsTwo Bedroom One Bath2BR,1BA$1.00
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
The Portals ApartmentsB12BR,1BA$1.09
Marquee Village ApartmentsKaloDuo2BR,1BA$1.41
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR,1BA$1.48
Villa Apartments1 Bed 1 Bath1BR,1BA$1.37
Mehran Lofts - Gold Avenue Realty, LLC1BR/1.0BA1BR,1BA$1.43
The Lanai Apartments3rd Floor 1be/1bath1BR,1BA$1.38
Silver Gardens Apartments1 Bedroom (60%)1BR,1BA$1.54
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53

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.

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

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Frequently Asked Questions about Los Lunas

What type of rentals are currently available in Los Lunas?

There are currently 61 Apartments for Rent in Los Lunas, NM with pricing that ranges from $730 to $3,195. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Los Lunas ranging from $800 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 $800 to $5,000 with an average monthly rent of $1,761.

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 $3,195, 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 $1,900 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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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.

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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.