Cheap Apartments for Rent in Luna, NM from $500 (25 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Peaks at Redington
1 to 2 Bedroom Apartments

Peaks at Redington

7700 E Speedway BlvdTucson, AZ 85710
Corporate Housing
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Somerpointe
1 to 2 Bedroom Apartments

Somerpointe

7351 E Speedway BlvdTucson, AZ 85710
Corporate Housing
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Estancia
1 to 3 Bedroom Apartments

Estancia

2500 N Desert Links DrTucson, AZ 85715

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Vintage Apartments
1 to 2 Bedroom Apartments

The Vintage Apartments

8225 E Speedway BlvdTucson, AZ 85710
Corporate Housing
Showing Results 1-25, Page 1 of 1

Luna, NM Local Guide

Cheapest Available Luna Apartments for Rent and Nearby

 

The cheapest available apartment rental in Luna, NM is a Studio unit found at Sedona Springs in the Ward 6 neighborhood priced from $599. La Hacienda Apartment Homes in the Ward 2 neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $610. Here is today’s list of the most affordable Luna apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sedona SpringsStudioStudio,1BA$599
La Hacienda Apartment HomesStudioStudio,1BA$610
Sycamore Creek ApartmentsN | StudioStudio,1BA$654
Pavilions at Pantano Apartments1B Jr1BR,1BA$689
Peaks at RedingtonJunior - One Bedroom One Bath1BR,1BA$725

Best Value Apartments for Rent in Luna, NM and Nearby

As of February 21, 2026 the best value apartment in the Luna area is the $1.14 price per square foot 3 Bedroom/2 Bath Model at Vertical East Apartments in the in the Broadway Pantano East neighborhood starting from $1,449. The second greatest value Luna apartment is the 3A | Three Bedroom Model at Estancia starting at $1,556 with a $1.38 price per square foot in the El G.H.E.K.O. neighborhood. Here is today’s list of the best values for Luna apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Vertical East Apartments3 Bedroom/2 Bath3BR,2BA$1.14
Estancia3A | Three Bedroom3BR,2BA$1.38
Coronado Villas Apartments2X2b2BR,2BA$1.40
Timberstone ApartmentsTwo Bedroom/2 Bath2BR,2BA$0.93
Brittany CourtTwo Bedroom2BR,2BA$1.31
Ridgepointe ApartmentsA1 | One Bedroom1BR,1BA$1.27
El Dorado Place1A | One Bedroom1BR,1BA$1.38
Peaks at RedingtonDeluxe - One Bedroom One Bath1BR,1BA$1.23
SomerpointeThe Amber1BR,1BA$1.11
Pavilions at Pantano Apartments1B1BR,1BA$1.35

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

Explore Luna, NM Rentals by Map

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See the most popular apartments and homes in Luna, NM

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Frequently Asked Questions about Cheap Luna Apartments

What is the Cheapest Studio apartment in Luna?

Currently the most affordable Cheap Studio Apartment in Luna is at Sedona Springs listed at $599.

How much is rent for a Cheap One Bedroom Luna Apartment?

The lowest price for a Cheap One Bedroom Luna Apartment is $644 at La Hacienda Apartment Homes.

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

Today's best deal for a Cheap Two Bedroom Apartment in Luna is starting from $824 at Sycamore Creek Apartments.

What is the most affordable Luna Three Bedroom Apartment?

The best deal on a cheap Luna Three Bedroom Apartment rental is at Timberstone Apartments and starts from $968.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.