
Cheap Homes for Rent in Luna, NM from $1,000 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Luna.


237 E White Mountain Blvd

547 E White Mountain Blvd
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.

2028 Cottonwood Ln

188 S Adonis Ave

2096 S Nelson Dr

3704 N Swan St

4101 N Gold St

93 E White Mountain Blvd

1895 Shoreline Dr

3160 S Montierth Ln

3971 Pioneer Ln
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.

720 E Country Club Dr
Luna, NM Local Guide

How much does it cost to rent a home in Luna?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Luna 2 Bedroom Homes for Rent | $1,806 | $1,000 | $2,600 |
Luna 3 Bedroom Homes for Rent | $2,950 | $1,200 | $10,000+ |
Luna 4 Bedroom Homes for Rent | $2,975 | $2,000 | $3,950 |
Browse Top Homes for Rent in Luna
Explore Luna
Luna, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 El G.H.E.K.O. neighborhood priced from $714. BELLA FLORA in the El G.H.E.K.O. neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $719. Here is today’s list of the most affordable Luna apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Canyon Oaks | Model A | 1BR,1BA | $714 |
BELLA FLORA | 1 STU | Studio,1BA | $719 |
The Edison Apartments | One Bedroom | 1BR,1BA | $725 |
Toscana Cove Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $730 |
The Vintage Apartments | 1 bed 1 bath sm | 1BR,1BA | $777 |
Best Value Apartments for Rent in Luna, NM and Nearby
As of June 02, 2025 the best value apartment in the Luna area is the $1.19 price per square foot SR_2X2R Model at Vertical East Apartments in the in the El G.H.E.K.O. neighborhood starting from $1,349. The second greatest value Luna apartment is the 3A | Three Bedroom Model at Estancia starting at $1,562 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Vertical East Apartments | SR_2X2R | 2BR,2BA | $1.19 |
Estancia | 3A | Three Bedroom | 3BR,2BA | $1.38 |
Somerpointe | The Ruby | 2BR,2BA | $1.33 |
Timberstone Apartments | Two Bedroom/2 Bath | 2BR,2BA | $0.93 |
Harrison Park | Boulders | 2BR,2BA | $1.40 |
The Arboretum | 1D | One Bedroom | 1BR,1BA | $1.40 |
Sycamore Creek Apartments | N | 1 Bedroom | 1BR,1BA | $1.24 |
Bellevue Gardens Apartments | Large One Bedroom | 1BR,1BA | $1.29 |
Peaks at Redington | Junior - One Bedroom One Bath | 1BR,1BA | $1.29 |
The Place at Wilmot North | 1x1 A2 | 1BR,1BA | $1.40 |
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.
Frequently Asked Questions about Luna
What type of rentals are currently available in Luna?
There are currently 40 Apartments for Rent in Luna, NM with pricing that ranges from $719 to $4,953. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Luna ranging from $1,000 to $15,000.
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 $1,000 to $15,000 with an average monthly rent of $2,245.
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.

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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.