Cheap Apartments for Rent in the Alta Monte Neighborhood of Albuquerque, NM from $500 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Alta Monte area of Albuquerque.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Check Out Albuquerque’s Best Affordable Neighborhoods

Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included
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Los Arcos
1 Bedroom Apartments

Los Arcos

1813 Girard Blvd NEAlbuquerque, NM 87106

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107
Showing Results 1-30, Page 1 of 1

Alta Monte, Albuquerque, NM Local Guide

Cheapest Available Alta Monte Apartments for Rent

 

The cheapest available apartment rental in the Alta Monte area of Albuquerque, NM is a Studio unit found at Desert Creek Apartments priced from $578. The Villas @ Uptown has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Alta Monte apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$578
The Villas @ UptownStudio UpgradeStudio,1BA$700
Comanche WellsS1Studio,1BA$706
Encanto Lofts ApartmentsAspen - One Bedroom One Bath1BR,1BA$774
Union 505StudioStudio,1BA$810
Cedars - Free Cable & Internet*Yucca1BR,1BA$850
Rock CreekStudioStudio,1BA$855
San Pedro VillageAcoma StudioStudio,1BA$855
Citadel - Free UtilitiesStudioStudio,1BA$869
Peaks at Sandia View1x1-6381BR,1BA$950

Best Value Apartments for Rent in Alta Monte, NM

As of July 01, 2025 the best value apartment in the Alta Monte area is the $1.41 price per square foot Four Bedroom Two Bath Model at Villa Esperanza in the in the Northwest Quadrant neighborhood starting from $1,586. The second greatest value Alta Monte apartment is the 3 Bedroom 2 Bath Model at Sun Pointe Park Apartments starting at $1,275 with a $1.28 price per square foot in the North Valley neighborhood. Here is today’s list of the best values for Alta Monte apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villa EsperanzaFour Bedroom Two Bath4BR,1BA$1.41
Sun Pointe Park Apartments3 Bedroom 2 Bath3BR,2BA$1.28
Arroyo VistaTwo Bedroom, Two Bath (A)2BR,2BA$1.48
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Via Apartments1 bedroom 1 bathroom TC1BR,1BA$1.34
Mont 44 Apartments1 bedroom, 1 bathroom Market1BR,1BA$1.41
Peaks at Los RanchosDesert Breeze Renovated1BR,1BA$1.59
Peaks at Sandia View1x1R-6401BR,1BA$1.64
North Park ApartmentsBirch1BR,1BA$1.54
Tesota MorningsideA1AR1BR,1BA$1.71

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Alta Monte, Albuquerque, NM

Ranked #76

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Alta Monte, Albuquerque, NM

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Central Albuquerque, NM. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, transit availability, pet-friendly communities, family-friendliness, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the Alta Monte Neighborhood in Albuquerque, NM

Walk Score®

65 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

70 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

28 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Alta Monte Apartments

What is a cheap apartment in Alta Monte?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Alta Monte is under $950.

What is the price of a cheap apartment in Alta Monte?

The cheapest apartment in Alta Monte is Encanto Lofts Apartments which is listed at $774, while the average apartment in Alta Monte costs $1,591.

What types of apartments are the cheapest in Alta Monte?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 25 regular apartments in Alta Monte that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Alta Monte?

Cheap apartments in Alta Monte have an average cost of $773 which is $818 cheaper than the average rent for all rentals in Alta Monte.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque

Written by: Esther Lombardi

Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.