Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Los Lunas, NM Rental Market Trends
What is the average rent in Los Lunas?
The average rent for an apartment in Los Lunas is $1,212, a 7% increase compared to the previous year, when the average rent was $1,137.
Average Rent in Los Lunas, NM
Last updated April 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,212 | 7% | 1,150 sq. ft. |
What is the average apartment size in Los Lunas?
The average size for a Los Lunas, NM apartment is 1,150 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Los Lunas, NM Occupied Housing Units
- Renter-occupied Households31%
- Owner-occupied Households68%
1,773 or 31% of the households in Los Lunas, NM are renter-occupied while 3,926 or 68% are owner-occupied.
Los Lunas, NM Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Apr / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Los Lunas, NM | $1,107 | $1,107 | $1,174 | $1,215 | $1,109 | $1,174 | $1,137 | $1,178 | $1,178 | $1,212 |
| National | $1,346 | $1,355 | $1,359 | $1,356 | $1,391 | $1,398 | $1,400 | $1,390 | $1,395 | $1,407 |
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How Los Lunas Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Albuquerque | $990 | 7% |
| El Paso | $823 | 4% |
| Santa Fe | $1,285 | 3% |
| Rio Rancho | $1,035 | 11% |
| Las Cruces | $875 | 5% |
| Los Alamos | $1,150 | 3% |
| Los Lunas | $1,212 | 7% |
Most Popular Apartments in Los Lunas
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Los Lunas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.