salaryRent is lower than in 77% of U.S. cities. A typical house costs about 3.9 years of household income. Most homes (76%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $47,080 a year. That is $23 an hour at a full-time job.
Is rent cheaper than other New Mexico cities?
Yes. Rent here is cheaper than in most of New Mexico. It is number 22 of 44 cities from cheapest to most expensive.
How much do households earn in Los Lunas?
Share of households by yearly income. 19.1% of households earn $100,000 or more.
Rent by apartment size in Los Lunas
| Size | Los Lunas | U.S. average |
|---|---|---|
| 2 bedrooms | $874 | $1,509 |
| 3 bedrooms | $1,311 | $1,698 |
| 4 bedrooms | $2,459 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Los Lunas overall?
Everyday prices in New Mexico overall are 8% below the U.S. average (index 92.2, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Los Lunas, so the New Mexico figure is shown.
Taxes and bills in Los Lunas
Life in Los Lunas
Is it cheaper to rent or buy in Los Lunas?
Renting is cheaper right now: about $647 a month less.
Owning assumes a typical $262,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $26,290 for the down payment.
Frequently asked questions
What is the average rent in Los Lunas, NM?
Renting in Los Lunas costs a median of about $1,177 a month in 2026, including utilities. The New Mexico median is $1,181.
How much do I need to make to live in Los Lunas?
To keep rent under 30% of income, you need about $47,080 a year, or $23 an hour at a full-time job.
Is Los Lunas cheap or expensive?
Los Lunas is rated OK: rent takes 21.0% of the typical household income of $67,223. It ranks 22nd cheapest of 44 New Mexico cities we track.
How much are property taxes in Los Lunas?
The median homeowner in Los Lunas pays $1,949 a year in property taxes, about 0.74% of the median home value.
Is Los Lunas more expensive than the national average?
Overall prices in New Mexico are 8% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Los Lunas?
The median home value in Los Lunas is $262,900, about 3.9 times the typical yearly household income.
18,618 people live in Los Lunas. Numbers are typical (middle) values.