Homes for Rent in 87031

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What to Know About

Life in Los Lunas & Beyond

Los Lunas shares many of the great qualities that make New Mexico a desirable place to live.

New Mexico, known as the "Land of Enchantment," boasts a rich cultural heritage, stunning desert landscapes, and thriving arts and outdoor recreation. Learn about the state's fascinating history by visiting ancient Native American ruins, such as the remarkable Chaco Canyon and Aztec Ruins, or experience modern art museums, including the world-renowned Harwood Museum of Art and the Museum of International Folk Art. The state is also home to several prestigious universities, including New Mexico State University and the University of New Mexico.

Outdoor enthusiasts will find no shortage of opportunities for adventure in New Mexico, with endless options for hiking, camping, and skiing in the Sandia and Sacramento Mountains, as well as fishing and boating in Lake Powell and Elephant Butte Lake. In addition, be sure to explore some of the most iconic landscapes in the country, including the magnificent Carlsbad Caverns National Park and White Sands National Monument, and experience the historic charm of Taos.

New Mexico's unique blend of affordability, job opportunities, cultural heritage, natural beauty, and quality of life make it a great place to live. So whether you're seeking outdoor adventures, artistic inspiration, or a peaceful desert oasis, New Mexico has it all.

Rental Market Trends

Los Lunas, NM

As of July 2025, Los Lunas's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Los Lunas's average rent is 2.4% ($37) higher than the New Mexico average of $1,515 and 12.6% ($223) lower than the U.S. average of $1,775.

Average Rent
$1,552
Monthly ChangeMonth Over Month Change
Decreased20.3% ($395)
Yearly ChangeYear Over Year Change
Decreased15.1% ($275)
Avg. Days on MarketAverage Days on Market
33
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,208 Increased0.2% ($3) Increased33.2% ($301)
2 Beds $1,565 Increased2.1% ($32) Increased24% ($303)
3 Beds $1,938 Decreased2.2% ($44) Decreased5.6% ($114)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Los Lunas Rental Market FAQs

Explore rental prices, market trends, and availability in Los Lunas, NM.

The average rent in Los Lunas, NM is $1,552 per month.
Homes in Los Lunas typically rent for between $846 and $2,519 per month, with an average of $1,552 per month.
In Los Lunas, the average rent for a 1-bedroom home is $1,208 per month, for a 2-bedroom home, $1,565 per month, and a 3-bedroom home is $1,938 per month.
The average rent in Los Lunas is 12.6% ($223) lower than the national average of $1,775 per month.
The average rent in Los Lunas has decreased by 20.3% ($395) in the last month and decreased by 15.1% ($275) over the past year.
The rental market in Los Lunas, NM, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Los Lunas, NM, the average rental stays on the market for approximately 33 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 13 rental properties available in Los Lunas, NM.
Based on the current averages, a household would need an annual income of $62,600 to comfortably afford a 2-bedroom home in Los Lunas.
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