
Cheap Apartments for Rent near New Laguna, NM from $700 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in New Laguna.


Bluewater Village

The Beach

Silver Moon Lodge

Alvarado Apartments

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Valley Apartments

Mesa Ridge Apartments

Villa Hermosa

Tierra Linda
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.

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Aydan

The Artisan @ Sawmill Village

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Nine-O-Nine Apartments

Taylor Ridge Apartments

Del Rio Apartments

Puerta Del Sol

City View

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Stride West

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Taylor Ranch
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.

Resort at Sandia Village

Villas @ Rio

228 16th St NW

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Diamond Mesa

Monterey Place

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Cantata at the Trails

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Overture Andalucia 55+ Active Adult Apartment Homes

Andalucia Villas

Affinity at Albuquerque 55+
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.

The Eleanor at Rio Rancho

Canon de Arrowhead

Marbella-Income Restricted Waitlist

Adobe Manor Apartments

Route 66 Headquarters

El Campo Apartments

Volcanes Commons

Tierra Pointe

Ceja Vista Senior 55+
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.

Welcome Home To Rio Volcan!

Generations at West Mesa

Phoenix Apartments

Paseo del Rio II

9623 Gemstone Rd SW

7623 Javelina Rd SW

10020 El Patron Rd SW

8308 Vista Clara Ln SW

6905 Brindisi Pl NW
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.

800 Prairie Sage Ct SW

2946 Payton Trail SW

7720 Ranchwood Dr NW
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 | $1,043 | $775 | $1,826 |
| New Laguna 1 Bedroom Apartments | $1,430 | $785 | $2,079 |
| New Laguna 2 Bedroom Apartments | $1,762 | $895 | $3,523 |
| New Laguna 3 Bedroom Apartments | $2,207 | $1,150 | $3,930 |
| New Laguna 4 Bedroom Apartments | $3,061 | $1,300 | $3,763 |
Browse Top Apartments in New Laguna
See all Apartments in New LagunaExplore New Laguna
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 Millennium Flats in the Silver Lofts neighborhood priced from $775. 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 |
|---|---|---|---|
| Millennium Flats | Unit Type A | Studio,1BA | $775 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Alvarado Apartments | A | Studio,1BA | $979 |
| Tierra Pointe | A1 | 1BR,1BA | $990 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1,050 |
| Villa Hermosa | The Aztec | 1BR,1BA | $1,065 |
| Mesa Ridge Apartments | The Sage | 1BR,1BA | $1,089 |
| Valley Apartments | River Platinum | 2BR,1BA | $1,133 |
| Aydan | Pinon Renovated | 1BR,1BA | $1,151 |
Best Value Apartments for Rent in New Laguna, NM and Nearby
As of July 11, 2026 the best value apartment in the New Laguna area is the $1.65 price per square foot Jade 2-Car Garage Attached Model at Via Verde in the in the Paradise Hills neighborhood starting from $2,160. 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. |
|---|---|---|---|
| Via Verde | Jade 2-Car Garage Attached | 2BR,2.5BA | $1.65 |
| Taylor Ridge Apartments | Three Bedroom | 3BR,2BA | $1.28 |
| Taylor Ranch | Aspen (Premium) | 2BR,2BA | $1.55 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.37 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.72 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.68 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
| Villa Hermosa | The Aztec | 1BR,1BA | $1.53 |
| Mesa Ridge Apartments | The Sage | 1BR,1BA | $1.67 |
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 Millennium Flats listed at $775.
How much is rent for a Cheap One Bedroom New Laguna Apartment?
The lowest price for a Cheap One Bedroom New Laguna Apartment is $964 at Welcome Home To Rio Volcan!.
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 $1,050 at Generations at West Mesa.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.