
Cheap Homes for Rent in Luna, NM from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Luna.


561 N 10th Pl

1895 Shoreline Dr

1110 W Woodland Lake Rd

2700 S White Mountain Rd
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 | $2,025 | $1,420 | $3,500 |
Luna 3 Bedroom Homes for Rent | $2,842 | $1,895 | $10,000+ |
Luna 4 Bedroom Homes for Rent | $3,275 | $2,600 | $3,950 |
Luna 5 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
Browse Top Homes for Rent in Luna
Explore 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 1 Bed unit found at Riverstone in the El G.H.E.K.O. neighborhood priced from $723. Canyon Oaks in the Broadway Pantano East neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $723. Here is today’s list of the most affordable Luna apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Riverstone | 1A | One Bedroom | 1BR,1BA | $723 |
Canyon Oaks | Model A | 1BR,1BA | $723 |
Toscana Cove Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $725 |
Best Value Apartments for Rent in Luna, NM and Nearby
As of July 29, 2025 the best value apartment in the Luna area is the $1.16 price per square foot ST_3X2R Model at Vertical East Apartments in the in the Broadway Pantano East neighborhood starting from $1,475. The second greatest value Luna apartment is the 3A | Three Bedroom Model at Estancia starting at $1,644 with a $1.46 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 | ST_3X2R | 3BR,2BA | $1.16 |
Estancia | 3A | Three Bedroom | 3BR,2BA | $1.46 |
Timberstone Apartments | Two Bedroom/2 Bath | 2BR,2BA | $0.93 |
Pavilions at Pantano | 2B (863 sf) | 2BR,2BA | $1.07 |
Somerpointe | The Jade | 2BR,1BA | $1.40 |
Harrison Park | Arcadia | 1BR,1BA | $1.42 |
Sycamore Creek Apartments | N | 1 Bedroom | 1BR,1BA | $1.25 |
Bellevue Gardens Apartments | Large One Bedroom | 1BR,1BA | $1.29 |
Peaks at Redington | Junior - One Bedroom One Bath | 1BR,1BA | $1.38 |
The Place at Wilmot North | 1x1 A3 | 1BR,1BA | $1.34 |
Quick Rent Budget Calculator
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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 $723 to $5,316. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Luna ranging from $1,200 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 $1,200 to $15,000 with an average monthly rent of $2,528.
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.

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.

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.