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Rental Market Trends in Los Lunas, NM

What is the average rent in Los Lunas, NM?

$715/month

Average Rent

576 Sq Ft

Average Apartment Size

+1.5%

Increase in the Last Year

As of January 2026, the average rent in Los Lunas, NM is $715 per month. This is 56% lower than the national average rent of $1,625/month, making renting in Los Lunas more affordable than most cities in the US. When you rent an apartment in Los Lunas, you can expect to pay about per month for a studio, $715 for a one-bedroom apartment, and around $932 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,312 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$715/month
576 Sq Ft
Two Bedroom
$932/month
859 Sq Ft
Three Bedroom
$1,312/month
1,135 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,925/month
1,617 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Los Lunas, NM?

In the past year, rent has increased by 1.5%, which averages out to $11 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Los Lunas, NM
Last Updated January 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Los Lunas, NM
Percentage*
Rent Range
40% Below $700/month
40% $700 - $1,000/month
20% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Los Lunas, NM?

Because the average rent in Los Lunas is $715, you’ll want to make about $2,383 per month or $28,596 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Los Lunas, NM

13 Available Apartments for Rent

Search for Nearby Apartments

How does Los Lunas, NM compare to other nearby cities and neighborhoods?

Use the tool below to compare Los Lunas, NM to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Los Lunas, NM

Apartment Averages

Nearby City Rent Trends

  • Albuquerque Average Rent

Apartment communities in Los Lunas we think you'll love

170 El Cerro Lp

170 El Cerro Lp

170 El Cerro Lp,
Los Lunas, NM 87031

$1,600

1 Bed

856 Lancelot St

856 Lancelot St

856 Lancelot St,
Los Lunas, NM 87031

$2,000

3 Beds

1143 De Vargas Ct

1143 De Vargas Ct

1143 De Vargas Ct,
Los Lunas, NM 87031

$1,700

3 Beds

170 El Cerro Lp

170 El Cerro Lp

170 El Cerro Lp,
Los Lunas, NM 87031

$1,600

1 Bed

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United States New Mexico Los Lunas Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity