Cheap Apartments for Rent in Los Lunas, NM from $500 (21 Rentals)
Cheap Apartments in Los Lunas.

Marbella-Income Restricted Waitlist

Bluewater Village

Silver Gardens Apartments

Millennium Flats - Washer-Dryer Included

Somerset Park

9317 Central Ave

Home @ Valencia
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

University Village

Portals

Adobe Manor Apartments

The Beach

Villa de San Felipe

Don Quixote Apartments

El Campo Apartments

Imperial

Zocalo Lofts

448 Shorewood Dr NW
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

1216 High St SE
Los Lunas, NM Local Guide

How much does it cost to rent an apartment in Los Lunas?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Los Lunas Studio Apartments | $1,013 | $740 | $2,306 |
Cheap Los Lunas 1 Bedroom Apartments | $1,253 | $730 | $3,967 |
Cheap Los Lunas 2 Bedroom Apartments | $1,735 | $697 | $4,604 |
Cheap Los Lunas 3 Bedroom Apartments | $2,393 | $799 | $6,782 |
Cheap Los Lunas 4 Bedroom Apartments | $2,594 | $1,300 | $6,898 |
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Los Lunas, NM Local Guide
- Los Lunas Neighborhoods
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Cheapest Available Los Lunas Apartments for Rent
 The cheapest available apartment rental in Los Lunas, NM is a 1 Bed unit found at Silver Gardens Apartments in the Netherwood Park neighborhood priced from $740. Millennium Flats - Washer-Dryer Included in the Hunning Highland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here is today’s list of the most affordable Los Lunas apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $740 |
Millennium Flats - Washer-Dryer Included | Studio | Studio,1BA | $740 |
Somerset Park | Studio | Studio,1BA | $768 |
9317 Central Ave | West Studios | Studio,1BA | $795 |
Home @ Valencia | 1bd/1ba - Rehabbed | 1BR,1BA | $795 |
Best Value Apartments for Rent in Los Lunas, NM
As of May 04, 2025 the best value apartment in the Los Lunas area is the $1.40 price per square foot 5 Bedroom Duplex Model at Sunport Luxury Townhomes in the in the Southeast Quadrant neighborhood starting from $2,499. The second greatest value Los Lunas apartment is the The Panatela Model at Broadstone Towne Center starting at $1,915 with a $1.56 price per square foot in the Southeast Quadrant neighborhood. Here is today’s list of the best values for Los Lunas apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Sunport Luxury Townhomes | 5 Bedroom Duplex | 5BR,5BA | $1.40 |
Broadstone Towne Center | The Panatela | 2BR,2.5BA | $1.56 |
Taylor Ridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.09 |
873-895 Silver Ave SW | Amazing | 1BR,1BA | $1.50 |
Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
Marquee Village Apartments | KaloDuo-Premium | 2BR,1BA | $1.59 |
Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.47 |
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $1.53 |
El Campo Apartments | 1BR/1.0BA | 1BR,1BA | $1.51 |
Home @ Valencia | 1bd/1ba - Rehabbed | 1BR,1BA | $1.45 |
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Best Local Schools in Los Lunas, NM
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Getting Around Los Lunas, NM
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
36 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Los Lunas Apartments
What is the Cheapest Studio apartment in Los Lunas?
Currently the most affordable Cheap Studio Apartment in Los Lunas is at Millennium Flats - Washer-Dryer Included listed at $740.
How much is rent for a Cheap One Bedroom Los Lunas Apartment?
The lowest price for a Cheap One Bedroom Los Lunas Apartment is $740 at Silver Gardens Apartments.
What is the lowest price for a Cheap Two Bedroom Los Lunas Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Los Lunas is starting from $1,010 at Home @ Valencia.
What is the most affordable Los Lunas Three Bedroom Apartment?
The best deal on a cheap Los Lunas Three Bedroom Apartment rental is at Canon de Arrowhead and starts from $1,093.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.