StayRentalsStayRentals

Affordable apartments in Los Lunas, New Mexico

8 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

8 lihtc

Buildings

VENTANA COVE

LIHTC
450 LOS CERRITOS DR NW, LOS LUNAS, NM, 87031
Income-restricted units
60 of 72
Year placed in service
2003
Bedroom mix
36 2BR · 36 3BR

Estimated total housing cost: $1,098 rent + $98 utilities = $1,196/mo

Contact property management for current availability. Waitlists may apply.

HILLTOP APTS

LIHTC
393 CANAL BLVD SW, LOS LUNAS, NM, 87031
Income-restricted units
40 of 40
Year placed in service
1992

Estimated total housing cost: $1,098 rent + $98 utilities = $1,196/mo

Contact property management for current availability. Waitlists may apply.

HILLCREST APTS

LIHTC
383 CANAL BLVD SW, LOS LUNAS, NM, 87031
Income-restricted units
40 of 40
Year placed in service
8888

Estimated total housing cost: $1,098 rent + $98 utilities = $1,196/mo

Contact property management for current availability. Waitlists may apply.

HILLRIDGE APTS

LIHTC
1450 ADELA LN SW, LOS LUNAS, NM, 87031
Income-restricted units
38 of 38
Year placed in service
1996

Estimated total housing cost: $1,098 rent + $98 utilities = $1,196/mo

Contact property management for current availability. Waitlists may apply.

MONDEL APTS

LIHTC
1011 MAIN ST SW, LOS LUNAS, NM, 87031
Income-restricted units
24 of 24
Year placed in service
8888

Estimated total housing cost: $1,098 rent + $98 utilities = $1,196/mo

Contact property management for current availability. Waitlists may apply.

HILLSIDE APTS

LIHTC
379 CANAL BLVD SW, LOS LUNAS, NM, 87031
Income-restricted units
24 of 24
Year placed in service
8888

Estimated total housing cost: $1,098 rent + $98 utilities = $1,196/mo

Contact property management for current availability. Waitlists may apply.

CASA BONITA APTS (LOS LUNAS)

LIHTC
246 CAMINO REAL SW, LOS LUNAS, NM, 87031
Income-restricted units
16 of 16
Year placed in service
1993

Estimated total housing cost: $1,098 rent + $98 utilities = $1,196/mo

Contact property management for current availability. Waitlists may apply.

CASA BONITA II

LIHTC
267 CAMINO REAL SW, LOS LUNAS, NM, 87031
Income-restricted units
16 of 16
Year placed in service
1995
Bedroom mix
16 3BR

Estimated total housing cost: $1,098 rent + $98 utilities = $1,196/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

Loading map…

Energy costs in New Mexico

Residential electricity in New Mexico runs about 15.15¢/kWh, with a typical monthly residential electric bill near $98. Natural gas runs about $11.81/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Los Lunas, NM

Metro-level
BedroomsLocal FMRNational median
Studio$933n/a
1 bedroom$1,043n/a
2 bedroom$1,098$1,502
3 bedroom$1,427n/a
4 bedroom$1,647n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Valencia County, NM

Albuquerque, NM. FY2025. Area median income: $91,400.

Household size30% AMI50% AMI80% AMI
1 person$19,200$32,000$51,200
2 people$21,950$36,600$58,500
3 people$26,650$41,150$65,800
4 people$32,150$45,700$73,100
5 people$37,650$49,400$78,950
6 people$43,150$53,050$84,800
7 people$48,650$56,700$90,650
8 people$54,150$60,350$96,500

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby New Mexico cities

See all affordable-rental cities in New Mexico

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Los Lunas cost-of-living and Fair Market Rent overview