Cheap Apartments for Rent in New Laguna, NM from $700 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in New Laguna.

Showing Results 1-24, Page 1 of 1

New Laguna, NM Local Guide

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 - Washer-Dryer Included in the Silver Lofts neighborhood priced from $740. 9317 Central Ave in the Ironhorse at El Rancho Grande neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here is today’s list of the most affordable New Laguna apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Millennium Flats - Washer-Dryer IncludedStudioStudio,1BA$740
9317 Central AveWest StudiosStudio,1BA$795
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Tierra PointeS1Studio,1BA$927
Ceja Vista Senior 55+One Bedroom1BR,1BA$941

Best Value Apartments for Rent in New Laguna, NM and Nearby

As of July 30, 2025 the best value apartment in the New Laguna area is the $1.50 price per square foot Garnet Model at Diamond Mesa in the in the Ironhorse at El Rancho Grande neighborhood starting from $1,873. The second greatest value New Laguna apartment is the 3B: Cottonwood (TR) Model at Taylor Ranch starting at $1,750 with a $1.44 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for New Laguna apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Diamond MesaGarnet3BR,2.5BA$1.50
Taylor Ranch3B: Cottonwood (TR)3BR,2BA$1.44
Taylor Ridge ApartmentsTwo Bedroom One Bath2BR,1BA$1.00
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Villa HermosaThe Pueblo2BR,1BA$1.32
AydanSage Renovated2BR,2BA$1.58
Stride Westa10ar - Renovated1BR,1BA$1.62
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1.47
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.54
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New Laguna, NM Rentals by Map

Decorative image of map

See the most popular apartments and homes in New Laguna, NM

View Map
New Laguna, NM Apartments Map
View Map
New Laguna, NM Rental Homes Map

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 - Washer-Dryer Included listed at $740.

How much is rent for a Cheap One Bedroom New Laguna Apartment?

The lowest price for a Cheap One Bedroom New Laguna Apartment is $902 at Volcanes Commons.

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 $987 at Tierra Pointe.

What is the most affordable New Laguna Three Bedroom Apartment?

The best deal on a cheap New Laguna Three Bedroom Apartment rental is at Volcanes Commons and starts from $1,232.

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.