357 1st Ave
HolbrookAZ86025
Cheap Homes for Rent in Luna, NM from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Luna.
204 W Market St
Silver CityNM88061
561 N 10th Pl
Show LowAZ85901
576 Garfield Ave
HaydenAZ85135
1879 Peppertree Dr
SaffordAZ85546
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1623 Meadow St
Lake of the WoodsAZ85929
5240 S 28th Pl
Show LowAZ85901
1110 W Woodland Lake Rd
LakesideAZ85929
2800 S White Mountain Rd
Show LowAZ85901
2700 S White Mountain Rd
Show LowAZ85901
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.
Showing Results 1-10, Page 1 of 1
Luna, NM Local Guide
Blooming desert by Bryan Ungard is licensed under CC BY 2.0
How much does it cost to rent a home in Luna?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Luna 2 Bedroom Homes for Rent | $1,799 | $1,199 | $2,500 |
| Luna 3 Bedroom Homes for Rent | $2,417 | $850 | $3,600 |
| Luna 4 Bedroom Homes for Rent | $2,837 | $2,400 | $3,950 |
| Luna 5 Bedroom Homes for Rent | $3,250 | $3,250 | $3,250 |
Browse Top Homes for Rent in Luna
Explore Luna
Luna, NM Local Guide
- Nearby Cities
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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 Sedona Springs in the El G.H.E.K.O. neighborhood priced from $599. Riverstone in the El G.H.E.K.O. neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $638. Here is today’s list of the most affordable Luna apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sedona Springs | Studio | Studio,1BA | $599 |
| Riverstone | 1A | One Bedroom | 1BR,1BA | $638 |
| Canyon Oaks | Model A | 1BR,1BA | $655 |
Best Value Apartments for Rent in Luna, NM and Nearby
As of May 25, 2026 the best value apartment in the Luna area is the $1.09 price per square foot 2 Bedroom/1 Bath Model at Vertical East Apartments in the in the El G.H.E.K.O. neighborhood starting from $1,264. The second greatest value Luna apartment is the 3x2 Model at Coronado Villas Apartments starting at $1,595 with a $1.40 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 | 2 Bedroom/1 Bath | 2BR,1BA | $1.09 |
| Coronado Villas Apartments | 3x2 | 3BR,2BA | $1.40 |
| Ridgepointe Apartments | C1 | 1 Bed | Den | 2BR,1BA | $1.24 |
| Sycamore Creek Apartments | N | 1 Bed + Den & 2 Baths | 2BR,2BA | $1.24 |
| Peaks at Redington | Deluxe - One Bedroom One Bath | 1BR,1BA | $1.23 |
| Ten50 Apartments | Two Bedroom Two Bath | 2BR,1BA | $1.40 |
| Somerpointe | The Amber | 1BR,1BA | $1.34 |
| Brittany Court | One Bedroom | 1BR,1BA | $1.26 |
| The Place at Wilmot North | 1x1 A2 | 1BR,1BA | $1.36 |
| Pavilions at Pantano Apartments | 1B Jr | 1BR,1BA | $1.34 |
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.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
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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
Frequently Asked Questions about Luna
What type of rentals are currently available in Luna?
There are currently 45 Apartments for Rent in Luna, NM with pricing that ranges from $599 to $2,093. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Luna ranging from $800 to $3,950.
What is the current price range for Rental Homes in Luna?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Luna ranges from $800 to $3,950 with an average monthly rent of $2,381.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.