Cheap Apartments for Rent in Luna, NM from $600 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in Luna.

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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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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La Hacienda
Studio to 1 Bedroom Apartments

La Hacienda

6161 E Pima StTucson, AZ 85712
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Estancia
1 to 3 Bedroom Apartments

Estancia

2500 N Desert Links DrTucson, AZ 85715

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Brittany Court
1 to 2 Bedroom Apartments

Brittany Court

9000 E Speedway BlvdTucson, AZ 85710
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Somerpointe
1 to 2 Bedroom Apartments

Somerpointe

7351 E Speedway BlvdTucson, AZ 85710
Showing Results 1-27, 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 1 Bed unit found at Canyon Oaks in the Broadway Pantano East neighborhood priced from $723. The Edison Apartments in the Avondale neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Luna apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Canyon OaksModel A1BR,1BA$723
The Edison ApartmentsOne Bedroom1BR,1BA$725
Pavilions at Pantano1B Jr1BR,1BA$773
HilandsKittsStudio,1BA$780
The Vintage Apartments1 bed 1 bath sm1BR,1BA$783
Toscana Cove Apartments1 Bedroom 1 Bathroom1BR,1BA$785
The Place at Wilmot North1x1 A31BR,1BA$787
Peaks at RedingtonJunior - One Bedroom One Bath1BR,1BA$795
The Lakes Apartments*One Month Free* Look n' Lease Special -Adminis...1BR,1BA$799
BELLA FLORA1X11BR,1BA$799

Best Value Apartments for Rent in Luna, NM and Nearby

As of June 27, 2025 the best value apartment in the Luna area is the $1.26 price per square foot ST_3X2R Model at Vertical East Apartments in the in the Broadway Pantano East neighborhood starting from $1,599. The second greatest value Luna apartment is the Two Bedroom/2 Bath Model at Timberstone Apartments starting at $844 with a $0.93 price per square foot in the Torreon 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 ApartmentsST_3X2R3BR,2BA$1.26
Timberstone ApartmentsTwo Bedroom/2 Bath2BR,2BA$0.93
SomerpointeThe Jade2BR,1BA$1.41
Harrison ParkArcadia1BR,1BA$1.42
The Arboretum1B | One Bedroom1BR,1BA$1.39
Sycamore Creek ApartmentsN | 1 Bedroom1BR,1BA$1.32
Bellevue Gardens ApartmentsLarge One Bedroom1BR,1BA$1.29
Peaks at RedingtonJunior - One Bedroom One Bath1BR,1BA$1.29
BELLA FLORA1X11BR,1BA$1.31
The Place at Wilmot North1x1 A21BR,1BA$1.40

Quick Rent Budget Calculator

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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!

Explore Luna, NM Rentals by Map

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See the most popular apartments and homes in Luna, NM

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Getting Around Luna, NM

Walk Score®

4 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

21 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Hilands listed at $780.

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

The lowest price for a Cheap One Bedroom Luna Apartment is $723 at Canyon Oaks.

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 $844 at Timberstone 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

Helpful Apartment Articles, How-To's and Tips

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.