
Cheap Apartments for Rent near New Laguna, NM from $785 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in New Laguna.


Bluewater Village

Millennium Flats

The Beach

Silver Moon Lodge

Villa Hermosa

Alvarado Apartments

Mesa Ridge Apartments

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Valley Apartments

Tierra Linda
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Aydan

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Taylor Ranch

The Artisan @ Sawmill Village

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Nine-O-Nine Apartments

45 Baca

Taylor Ridge Apartments

Del Rio Apartments

Puerta Del Sol

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Stride West

Resort at Sandia Village
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Diamond Mesa

228 16th St NW

Monterey Place

Villas @ Rio

Q @ Bosque Trail

Huning Castle Apartments

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Overture Andalucia 55+ Active Adult Apartment Homes

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Cantata at the Trails

Andalucia Villas

Affinity at Albuquerque 55+
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Griegos Farms

The Eleanor at Rio Rancho

Canon de Arrowhead

Marbella-Income Restricted Waitlist

Adobe Manor Apartments

Route 66 Headquarters

Tierra Pointe

El Campo Apartments

Volcanes Commons

Ceja Vista Senior 55+
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.

Welcome Home To Rio Volcan!

Generations at West Mesa

Phoenix Apartments

Paseo del Rio II

9623 Gemstone Rd SW

764 Terracotta Pl SW

3316 Crimson Rose Ln SW

708 Shire St SW

1312 Quartz Dr SW

7704 Woodstar Ave NW
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.
New Laguna, NM Local Guide

How much does it cost to rent an apartment in New Laguna?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Laguna Studio Apartments | $1,077 | $795 | $1,826 |
| New Laguna 1 Bedroom Apartments | $1,434 | $785 | $2,079 |
| New Laguna 2 Bedroom Apartments | $1,769 | $895 | $3,523 |
| New Laguna 3 Bedroom Apartments | $2,181 | $1,150 | $3,930 |
| New Laguna 4 Bedroom Apartments | $2,932 | $1,300 | $3,683 |
Browse Top Apartments in New Laguna
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New Laguna, NM Local Guide
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Cheapest Available New Laguna Apartments for Rent and Nearby
 The cheapest available apartment rental in New Laguna, NM is a Studio unit found at Tierra Pointe in the Ironhorse at El Rancho Grande neighborhood priced from $853. Silver Moon Lodge in the Hunning Highland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $897. Here is today’s list of the most affordable New Laguna apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tierra Pointe | S1 | Studio,1BA | $853 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1,023 |
| Mesa Ridge Apartments | The Iris | 1BR,1BA | $1,029 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1,031 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,050 |
| Tierra Linda | A1 | 1BR,1BA | $1,088 |
| Aydan | Pinon Renovated | 1BR,1BA | $1,135 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1,154 |
Best Value Apartments for Rent in New Laguna, NM and Nearby
As of August 25, 2026 the best value apartment in the New Laguna area is the $1.52 price per square foot Geneva Model at Las Mananitas Apartments in the in the Northwest Quadrant neighborhood starting from $2,120. The second greatest value New Laguna apartment is the Three Bedroom Model at Taylor Ridge Apartments starting at $1,600 with a $1.28 price per square foot in the Southwest Quadrant neighborhood. Here is today’s list of the best values for New Laguna apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Las Mananitas Apartments | Geneva | 3BR,2BA | $1.52 |
| Taylor Ridge Apartments | Three Bedroom | 3BR,2BA | $1.28 |
| Taylor Ranch | Cottonwood (Premium) | 3BR,2BA | $1.55 |
| Resort at Sandia Village | 2 bed 2 bath | 2BR,2BA | $1.59 |
| Villa Hermosa | The Taos | 2BR,2BA | $1.20 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.34 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.68 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
| Tierra Linda | A1 | 1BR,1BA | $1.61 |
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 ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Laguna, NM Rentals by Map
See the most popular apartments and homes in New Laguna, NM
Frequently Asked Questions about Cheap New Laguna Apartments
What is the Cheapest Studio apartment in New Laguna?
Currently the most affordable Cheap Studio Apartment in New Laguna is at Tierra Pointe listed at $853.
How much is rent for a Cheap One Bedroom New Laguna Apartment?
The lowest price for a Cheap One Bedroom New Laguna Apartment is $956 at Silver Moon Lodge.
What is the lowest price for a Cheap Two Bedroom New Laguna Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Laguna is starting from $1,023 at Villa Hermosa.
What is the most affordable New Laguna Three Bedroom Apartment?
The best deal on a cheap New Laguna Three Bedroom Apartment rental is at Canon de Arrowhead and starts from $1,331.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.