Cheap Apartments for Rent in Los Lunas, NM from $400 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in Los Lunas.

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Hillridge Apartments
2 to 3 Bedroom Apartments

Hillridge Apartments

1450 Adela LnLos Lunas, NM 87031
  • Utilities Included
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Villa Escondida
2 to 5 Bedroom Apartments

Villa Escondida

1114 Los Claveles Dr SELos Lunas, NM 87031
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Gerald Chavez
2 Bedroom Apartments

Gerald Chavez

524 Gerald Chavez Ln NELos Lunas, NM 87031
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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Los Lunas, NM Local Guide

Cheapest Available Los Lunas Apartments for Rent and Nearby

 

The cheapest available apartment rental in Los Lunas, NM is a Studio unit found at Sunport Luxury Townhomes in the Southeast Quadrant neighborhood priced from $499. Home @ Valencia in the South San Pedro neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here is today’s list of the most affordable Los Lunas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sunport Luxury TownhomesStudioStudio,1BA$499
Home @ Valencia1BR/1.0BA1BR,1BA$735
Silver Gardens Apartments1 Bedroom (50%)1BR,1BA$740
Millennium Flats - Washer-Dryer IncludedStudioStudio,1BA$740
Somerset ParkStudioStudio,1BA$768
9317 Central AveWest StudiosStudio,1BA$795
El Campo Apartments1BR/1.0BA1BR,1BA$875
Zocalo LoftsStudioStudio,1BA$900
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Ceja Vista Senior 55+One Bedroom1BR,1BA$941

Best Value Apartments for Rent in Los Lunas, NM and Nearby

As of April 25, 2025 the best value apartment in the Los Lunas area is the $1.09 price per square foot 2 Beds, 1 bath Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,200. The second greatest value Los Lunas apartment is the Emerald Model at Diamond Mesa starting at $1,597 with a $1.57 price per square foot in the Ironhorse at El Rancho Grande neighborhood. Here is today’s list of the best values for Los Lunas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Taylor Ridge Apartments2 Beds, 1 bath2BR,1BA$1.09
Diamond MesaEmerald2BR,2BA$1.57
873-895 Silver Ave SWAmazing1BR,1BA$1.50
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Villa Apartments1 Bed 1 Bath1BR,1BA$1.34
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1.47
Las Brisas1 Bed, 1 Bath1BR,1BA$1.45
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53
El Campo Apartments1BR/1.0BA1BR,1BA$1.51
Home @ Valencia1bd/1ba - Rehabbed1BR,1BA$1.45

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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 Sunport Luxury Townhomes listed at $499.

How much is rent for a Cheap One Bedroom Los Lunas Apartment?

The lowest price for a Cheap One Bedroom Los Lunas Apartment is $735 at Home @ Valencia.

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 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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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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.

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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.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.