
Cheap Homes for Rent in New Laguna, NM from $1,700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in New Laguna.


11120 Ibis Rd SW

2856 Baco Noir Dr SW

2828 Monument Dr NW

7215 Teypana Rd 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.

915 Wood Duck Dr SW

7400 Vancouver Ave NW

10631 Gentry Ln SW

7415 Winslow Pl NW

7705 Stadler Ave NW
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.

7909 Havenwood Ct NW

8415 Cedarcroft Rd NW

323 Cll Amarillo SW

1509 Delgado Dr SW

1028 Alexandra St SW
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.

10802 Sabino Lp

9224 Lower Meadow Ave SW
New Laguna, NM Local Guide

How much does it cost to rent a home in New Laguna?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Laguna 2 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
| New Laguna 3 Bedroom Homes for Rent | $2,026 | $1,750 | $2,999 |
| New Laguna 4 Bedroom Homes for Rent | $2,276 | $1,900 | $3,400 |
| New Laguna 5 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
Browse Top Homes for Rent in New Laguna
Explore 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 $795. 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 B | Studio,1BA | $795 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $902 |
| Tierra Pointe | S1 | Studio,1BA | $930 |
| Ceja Vista Senior 55+ | One Bedroom | 1BR,1BA | $941 |
Best Value Apartments for Rent in New Laguna, NM and Nearby
As of December 26, 2025 the best value apartment in the New Laguna area is the $1.45 price per square foot Coral Model at Diamond Mesa in the in the Ironhorse at El Rancho Grande neighborhood starting from $1,917. The second greatest value New Laguna apartment is the Two Bedroom One Bath Model at Taylor Ridge Apartments starting at $1,200 with a $1.00 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. |
|---|---|---|---|
| Diamond Mesa | Coral | 3BR,1.5BA | $1.45 |
| Taylor Ridge Apartments | Two Bedroom One Bath | 2BR,1BA | $1.00 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Villa Hermosa | The Pueblo Casita | 2BR,1BA | $1.32 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.66 |
| Taylor Ranch | Maple | 1BR,1BA | $1.71 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.60 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.54 |
| Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $1.53 |
| Ceja Vista Senior 55+ | One Bedroom | 1BR,1BA | $1.64 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 New Laguna
What type of rentals are currently available in New Laguna?
There are currently 43 Apartments for Rent in New Laguna, NM with pricing that ranges from $730 to $3,899. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Laguna ranging from $1,750 to $3,400.
What is the current price range for Rental Homes in New Laguna?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Laguna ranges from $1,750 to $3,400 with an average monthly rent of $2,038.
How much are larger Three and Four Bedroom Rentals in New Laguna?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Laguna range from $1,150 to $3,885, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $2,999. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,300.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!