Cheap Apartments for Rent in Luna, NM from $600 (23 Rentals)

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

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.

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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Estancia
1 to 3 Bedroom Apartments

Estancia

2500 N Desert Links DrTucson, AZ 85715

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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Somerpointe
1 to 2 Bedroom Apartments

Somerpointe

7351 E Speedway BlvdTucson, AZ 85710
Corporate Housing
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The Vintage Apartments
1 to 2 Bedroom Apartments

The Vintage Apartments

8225 E Speedway BlvdTucson, AZ 85710
Corporate Housing

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 La Hacienda Apartment Homes in the El G.H.E.K.O. neighborhood priced from $630. Bellevue Gardens Apartments in the El G.H.E.K.O. neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $649. Here is today’s list of the most affordable Luna apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Hacienda Apartment HomesStudioStudio,1BA$630
Bellevue Gardens ApartmentsJr. One Bedroom1BR,1BA$649
Canyon OaksModel A1BR,1BA$671
Riverstone1A | One Bedroom1BR,1BA$714
The Edison ApartmentsOne Bedroom1BR,1BA$725

Best Value Apartments for Rent in Luna, NM and Nearby

As of November 13, 2025 the best value apartment in the Luna area is the $1.10 price per square foot ST_3X2R_H Model at Vertical East Apartments in the in the Broadway Pantano East neighborhood starting from $1,399. The second greatest value Luna apartment is the 3x2 Model at Coronado Villas Apartments starting at $1,420 with a $1.25 price per square foot in the Bear Canyon 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_3X2R_H3BR,2BA$1.10
Coronado Villas Apartments3x23BR,2BA$1.25
Estancia3A | Three Bedroom3BR,2BA$1.28
The Place at Wilmot North2x2 B32BR,2BA$1.40
Timberstone ApartmentsTwo Bedroom/2 Bath2BR,2BA$0.93
Harrison ParkBridgeway1BR,1BA$1.33
SomerpointeThe Amber1BR,1BA$1.19
Brittany CourtOne Bedroom1BR,1BA$1.39
BELLA FLORA1X11BR,1BA$1.26
Pavilions at Pantano Apartments1B Jr1BR,1BA$1.39

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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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

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 La Hacienda Apartment Homes listed at $630.

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

The lowest price for a Cheap One Bedroom Luna Apartment is $649 at Bellevue Gardens Apartments.

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 $825 at Pavilions at Pantano 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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.