Cheap Homes for Rent in New Laguna, NM from $1,300 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

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.

Read Article

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.

Read Article
Showing Results 1-10, 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 Hunning Highland 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
El Campo Apartments1BR/1.0BA1BR,1BA$850

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

As of June 17, 2025 the best value apartment in the New Laguna area is the $1.00 price per square foot Two Bedroom One Bath Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,200. The second greatest value New Laguna apartment is the 3 bedroom 3 bath Model at Canon de Arrowhead starting at $1,331 with a $1.18 price per square foot in the Ironhorse at El Rancho Grande 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.
Taylor Ridge ApartmentsTwo Bedroom One Bath2BR,1BA$1.00
Canon de Arrowhead3 bedroom 3 bath3BR,2BA$1.18
Resort at Sandia Village2bed 2 bath2BR,2BA$1.49
Mesa Ridge ApartmentsThe Sandia2BR,2BA$1.34
Villa HermosaThe Pueblo2BR,1BA$1.32
Valley ApartmentsRiver Platinum2BR,1BA$1.64
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
El Campo Apartments1BR/1.0BA1BR,1BA$1.45

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

Frequently Asked Questions about New Laguna

What type of rentals are currently available in New Laguna?

There are currently 38 Apartments for Rent in New Laguna, NM with pricing that ranges from $697 to $7,114. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Laguna ranging from $1,350 to $6,500.

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 $1,350 to $6,500 with an average monthly rent of $2,418.

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 $799 to $7,114, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $4,400. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $1,300.

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 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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.