
Cheap Homes for Rent in New Laguna, NM from $1,600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in New Laguna.


10649 Microlith Rd SW

1327 Ojo Feliz St SW

1521 Del Monte Trail SW

930 Desert Senna Ave SW
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.

8405 Vista Estrella Ln SW

981 Purple Aster Ave SW

701 Desert Senna Ave SW

3380 Prairie Sage St SW

511 Rain Lily Rd SW
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 a home in New Laguna?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Laguna 2 Bedroom Homes for Rent | $1,698 | $1,650 | $1,750 |
| New Laguna 3 Bedroom Homes for Rent | $2,082 | $1,700 | $2,500 |
| New Laguna 4 Bedroom Homes for Rent | $2,340 | $2,100 | $2,600 |
| New Laguna 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in New Laguna
Explore New Laguna
New Laguna, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 $790. Tierra Pointe in the Ironhorse at El Rancho Grande neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $854. 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 | $790 |
| Tierra Pointe | A1 | 1BR,1BA | $854 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
Best Value Apartments for Rent in New Laguna, NM and Nearby
As of June 04, 2026 the best value apartment in the New Laguna area is the $1.58 price per square foot Two Bed Two Bath Loft Model at Monterey Place in the in the Alamosa neighborhood starting from $2,325. The second greatest value New Laguna apartment is the Verdant Model at Via Verde starting at $2,235 with a $1.67 price per square foot in the Paradise Hills 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. |
|---|---|---|---|
| Monterey Place | Two Bed Two Bath Loft | 2BR,2BA | $1.58 |
| Via Verde | Verdant | 2BR,2.5BA | $1.67 |
| Andalucia Villas | Baeze 2U | 2BR,2BA | $1.64 |
| Taylor Ridge Apartments | Three Bedroom | 3BR,2BA | $1.28 |
| Villa Hermosa | The Taos | 2BR,2BA | $1.22 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Aydan | Sage Renovated | 2BR,2BA | $1.53 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.52 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.72 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
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 New Laguna
What type of rentals are currently available in New Laguna?
There are currently 46 Apartments for Rent in New Laguna, NM with pricing that ranges from $785 to $3,930. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Laguna ranging from $1,650 to $2,600.
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 $1,650 to $2,600 with an average monthly rent of $2,155.
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 $3,930, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,100 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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.