Cheap Homes for Rent in Luna, NM from $1,000 (5 Rentals)

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Cheap Homes in Luna.

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.

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.

Luna, NM Local Guide

Cheapest Available Luna Apartments for Rent and Nearby

 

The cheapest available apartment rental in Luna, NM is a 1 Bed unit found at Toscana Cove Apartments in the Pantano Overlook neighborhood priced from $600. La Hacienda in the El G.H.E.K.O. neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $651. Here is today’s list of the most affordable Luna apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Toscana Cove Apartments1 Bedroom 1 Bathroom1BR,1BA$600
La HaciendaOne Bedroom1BR,1BA$651
Pavilions at Pantano1B1BR,1BA$675

Best Value Apartments for Rent in Luna, NM and Nearby

As of May 02, 2025 the best value apartment in the Luna area is the $1.35 price per square foot 3x2-1384- Classic Model at Pinnacle Heights in the in the Bear Canyon neighborhood starting from $1,874. The second greatest value Luna apartment is the SR_2X2R Model at Vertical East Apartments starting at $1,375 with a $1.22 price per square foot in the El G.H.E.K.O. neighborhood. Here is today’s list of the best values for Luna apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle Heights3x2-1384- Classic3BR,2BA$1.35
Vertical East ApartmentsSR_2X2R2BR,2BA$1.22
Timberstone ApartmentsTwo Bedroom/2 Bath2BR,2BA$0.93
SomerpointeThe Jade2BR,1BA$1.35
Estancia1B | One Bedroom1BR,1BA$1.28
Sycamore Creek ApartmentsN | 1 Bedroom1BR,1BA$1.28
Bellevue Gardens ApartmentsLarge One Bedroom1BR,1BA$1.29
Peaks at RedingtonJunior - One Bedroom One Bath1BR,1BA$1.23
The Place at Wilmot North1x1 A41BR,1BA$1.33
Pavilions at Pantano1B Jr1BR,1BA$1.37

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Frequently Asked Questions about Luna

What type of rentals are currently available in Luna?

There are currently 40 Apartments for Rent in Luna, NM with pricing that ranges from $600 to $5,455. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Luna ranging from $1,000 to $15,000.

What is the current price range for Rental Homes in Luna?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Luna ranges from $1,000 to $15,000 with an average monthly rent of $2,495.

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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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.

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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.

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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.