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Average rent in Los Lunas, NM

$1,334/mo Los Lunas, NM average rental price, March 2024
Image Average Rent

The average monthly rent of apartments in Los Lunas, NM is $1,334.

Los Lunas, NM rent trends

Getting around in Los Lunas, NM

13 /100
Somewhat Bikeable
Bike Score®: 13

Frequently asked questions

What is the average rent in Los Lunas, NM?

The average rent in Los Lunas, NM is $1,334. Start your search for apartments in Los Lunas, NM now.

What type of rental buildings are in Los Lunas, NM?

In Los Lunas 23% of the housing is rented out compared to 77% of homes are owned, according to the most recent Census Bureau estimates. 2% of Los Lunas’s apartments are found in large buildings of 50 units or more, 34% are located in smaller apartment complexes with less than 50 units, and 53% are single-family rentals.

What do typical apartment communities look like in Los Lunas, NM?

The average age of rental buildings in Los Lunas is 20 years old, with all being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

What apartment floorplans are common in Los Lunas, NM?

Rental apartments in Los Lunas come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 0% of the total apartments in the city, while 2-bedroom floorplans represent around 51% of all rentals in Los Lunas. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.

Living in Los Lunas, NM

Los Lunas is a small desert town located in central New Mexico just east of the Rio Grande River, approximately 25 miles south of Albuquerque. Many renters in Los Lunas love the area’s warm weather and beautiful desert scenery. Temperatures remain warm throughout the year and precipitation is rare. Just west of Los Lunas is a popular desert preserve and hiking area, making this a popular place to rent for outdoor enthusiasts. Although Los Lunas is a small town, it has been growing in recent years as jobs have moved into the area. In fact, Facebook recently opened a data center in Los Lunas, and the area is also home to a major Walmart distribution center, both of which have enticed professionals to rent in the area. Many families also choose to rent in Los Lunas due to the high-quality schools.

Renting in Los Lunas, NM

Los Lunas is a very residential community consisting mostly of single-family homes with just a few apartment complexes. Many of the rental homes in the area are part of brand-new developments and tend to have very spacious outdoor areas to take advantage of the city’s beautiful weather. There are also a variety of different architectural styles in the area, ranging from Mediterranean to Pueblo to modern. Renters will find properties of all sizes in Los Lunas, ranging from compact bungalows to multi-story houses with four or more bedrooms. Although these properties are quite spacious, they also tend to be more affordable than comparable rentals in larger cities. And, because most Los Lunas residents own their homes, there aren’t very many rentals on the market, so competition for homes or apartments can be high.

Things for renting

Shopping in Los Lunas, NM

Many new shopping options have emerged in Los Lunas in recent years as the town has developed. Most notably, there’s Walmart, The Home Depot, and Lowe’s in the area, so local renters have easy access to home goods and tools. Note that there isn’t currently a mall in Los Lunas, and the nearest options are in Albuquerque. Walmart is the town’s largest grocery store, but Los Lunas also has several drugstores and local markets where renters can purchase groceries. For even more grocery options, renters can visit Smith’s or Albertson’s in nearby Valencia, which is directly across the Rio Grande from Los Lunas.

Transportation in Los Lunas, NM

Most renters in Los Lunas opt to have a car, as it’s the easiest way to navigate the area’s sprawling desert neighborhoods. Plus, the city is located directly off of I-25, making for an easy commute to Albuquerque or other nearby towns. Accordingly, apartments and businesses in Los Lunas offer plenty of parking to accommodate drivers. An alternative commute option for local renters is the Rail Runner commuter train, which stops in Los Lunas. This train provides service to downtown Albuquerque, Santa Fe and many points in between. There are also three local bus routes that serve the commercial corridors of Los Lunas. Finally, for renters who travel by plane, the nearest commercial airport is the Albuquerque International Sunport, and Amtrak service is also available from downtown Albuquerque.

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