
Cheap Apartments for Rent in Luna, NM from $600 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Luna.


Canyon Oaks

Riverstone

The Edison Apartments

Toscana Cove Apartments

Ascent on Pantano

BELLA FLORA
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.

Sycamore Creek Apartments

Ten50 Apartments

The Place at Wilmot North

Timberstone Apartments

Huntington Park Apartments

Winslow Apartment Companies

Tanque Verde Apartments
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.

Brittany Court

The Lakes Apartments

The Arboretum
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.
Luna, NM Local Guide

How much does it cost to rent an apartment in Luna?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Luna Studio Apartments | $947 | $814 | $1,063 |
| Luna 1 Bedroom Apartments | $974 | $649 | $1,750 |
| Luna 2 Bedroom Apartments | $1,280 | $844 | $3,603 |
| Luna 3 Bedroom Apartments | $1,589 | $968 | $2,067 |
Browse Top Apartments in Luna
See all Apartments in LunaExplore Luna
Luna, NM Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| La Hacienda Apartment Homes | Studio | Studio,1BA | $630 |
| Bellevue Gardens Apartments | Jr. One Bedroom | 1BR,1BA | $649 |
| Canyon Oaks | Model A | 1BR,1BA | $671 |
| Riverstone | 1A | One Bedroom | 1BR,1BA | $714 |
| The Edison Apartments | One Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Vertical East Apartments | ST_3X2R_H | 3BR,2BA | $1.10 |
| Coronado Villas Apartments | 3x2 | 3BR,2BA | $1.25 |
| Estancia | 3A | Three Bedroom | 3BR,2BA | $1.28 |
| The Place at Wilmot North | 2x2 B3 | 2BR,2BA | $1.40 |
| Timberstone Apartments | Two Bedroom/2 Bath | 2BR,2BA | $0.93 |
| Harrison Park | Bridgeway | 1BR,1BA | $1.33 |
| Somerpointe | The Amber | 1BR,1BA | $1.19 |
| Brittany Court | One Bedroom | 1BR,1BA | $1.39 |
| BELLA FLORA | 1X1 | 1BR,1BA | $1.26 |
| Pavilions at Pantano Apartments | 1B Jr | 1BR,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.
Read ArticleDon'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.
Read ArticleThe 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Luna, NM Rentals by Map
See the most popular apartments and homes in Luna, NM
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 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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.





