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City Report · NM

Los Lunas

Pop. 18,618·2nd most expensive in New Mexico·Los Lunas rents are up 17.5% over the past year
Median rent (all units)
$2,025/mo
Year-over-Year
+17.5%
Month-over-Month
+0.9%
vs US Median
+$60
Rising (Monthly)
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Most AffordableMost Expensive
Los Lunas · $2,025
More expensive than 60% of US cities · National median $1,965/mo
Rent Reality Score
21/100
Overpriced
OverheatedFairGreat value

Rents are 14% above what Los Lunas's 10-year trend predicts — running hotter than its own history.

Actual rent
$2,025/mo
Expected by trend
$1,769/mo
The Rent Reality Score compares today's median rent to where Los Lunas's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$970
1 BR
$1,150
2 BR
$1,410
3 BR
$1,980
4 BR+
$2,340
Research median
$1,410/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$24,300/yr
At $2,025/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 17.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+17.5% YoY, +0.9% MoM), not inventory.
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Demographics

Who lives here

Los Lunas, NM is majority owner-occupied, has a large share of families with children, has a median income below the national average, 25.9% of residents hold a bachelor's degree or higher.

Population
18,618
Median income
$62,330
Median age
38.3
Renters
24%
Age distribution
26.9%
19.5%
25.5%
19.1%
Under 1826.9%
18–3419.5%
35–5425.5%
55–649.1%
65+19.1%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
50.7%
58.7%
White50.7%
Black2%
Hispanic58.7%
Asian2.3%
Education (25+)
33.9%
33.9%
25.9%
No HS diploma6.3%
HS diploma33.9%
Some college33.9%
Bachelor's+25.9%
Housing tenure
76%
24%
Owner76%
Renter24%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Los Lunas, NM has changed in 5 years

Rent
$1,385 → $2,025
up 46.2%
Income
$65,617 → $62,330
down 5.0%
Population
17,072 → 18,618
up 9.1%
Renter share
23.5% → 24%
+0.5 pts
Bachelor's+
24.4% → 25.9%
+1.5 pts

Five years ago, renters in Los Lunas, NM paid around $1,385 a month. That figure now sits near $2,025, up 46.2% from the 2023 baseline. Census figures show median household income at $62,330 today, compared with $65,617 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Los Lunas, NM adding about 1,546 residents over the five-year window, up 9.1% on net. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

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View Los Lunas rent history (2015–2026) →
Salary vs rent

Can you afford rent in Los Lunas on your salary?

At $2,025/mo, how Los Lunas rent compares to typical pay (30% rule).

By apartment size

Los Lunas rent by bedroom count

Median rent for each apartment size in Los Lunas. Click any size for full breakdown.

Local insights

Tips for renters in Los Lunas

About renting in Los Lunas, NM

Last updated: July 20, 2026

The median rent in Los Lunas is $2,025/mo as of July 2026. A studio apartment averages $970/mo while a 2-bedroom runs $1,410/mo. One-bedroom apartments average $1,150/mo and 3-bedroom units go for $1,980/mo.

At 39% of local median household income ($62,330/yr), Los Lunas ranks as moderate compared to the national benchmark of 30%. Rents have increased 17.5% over the past year.

FAQ

Frequently asked questions

Is Los Lunas an affordable city for renters?

Los Lunas is considered moderate for renters. At $2,025/mo, rent takes approximately 39% of the local median household income ($62,330/yr). The standard benchmark is 30%. Los Lunas slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Los Lunas?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (~$39/hour full-time) to afford the median rent of $2,025/mo in Los Lunas. The local median household income is $62,330/yr, meaning the typical Los Lunas household falls short of that threshold.

Is rent going up or down in Los Lunas?

Rent in Los Lunas has increased 17.5% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Los Lunas rent compare to other cities in New Mexico?

Los Lunas is one of the pricier cities in New Mexico for rent, ranking #2 out of 15 tracked cities at $2,025/mo.

Which nearby cities are cheaper to rent in than Los Lunas?

Several nearby cities have lower median rents than Los Lunas ($2,025/mo): Albuquerque ($1,486/mo), Ruidoso ($1,700/mo), Rio Rancho ($1,857/mo).

What percentage of Los Lunas residents rent vs. own?

According to Census data, approximately 24% of Los Lunas households are renters, while 76% are owner-occupied. Los Lunas leans toward homeownership, which can mean a smaller rental inventory.

How does Los Lunas rent compare to the national average?

Los Lunas's median rent of $2,025/mo is $60 (3%) above the US national median of $1,965/mo. Within New Mexico, it ranks #2 out of 15 tracked cities.
Income Affordability
39%
MODERATE

At $2,025/mo, rent takes ~39% of Los Lunas's median household income ($62,330/yr). The standard benchmark is 30%.

Los Lunas 39%Benchmark 30%
State income tax1.7–5.9%
Run the Los Lunas affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Los Lunas, NM

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