
Cheap Apartments for Rent in the Alta Monte Neighborhood of Albuquerque, NM from $700 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alta Monte area of Albuquerque.


Total Monthly Price
Comanche Wells

Citadel - Free Utilities

Rock Creek

The Villas @ Uptown

Total Monthly Price
Desert Creek Apartments

Encanto Lofts Apartments

Total Monthly Price
Union 505

Cedars - Free Cable & Internet*

Via Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

San Pedro Village

1/2 OFF FIRST MONTHS RENT

Sunchase Apartments

Total Monthly Price
Tesota Morningside

Lifestyles at Renaissance

Mont 44 Apartments

Arroyo Vista

Peaks at Sandia View

North Park Apartments

The Lakes
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

Woodberry Heights

Peaks at Los Ranchos

Total Monthly Price
AYA ABQ

Sunset Pointe

Total Monthly Price
Sun Plaza

Villas de la Terraza

Villas Del Cielo

Oak Tree Park

1508 Edith Blvd NE

Silverado
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Total Monthly Price
Glo Apartments

Total Monthly Price
Casa Tierra

Landmark Apartments

3617 Wellesley Dr SE

San Mateo Suites

4601 Carlisle Blvd NE

Lincoln Place

Los Arcos

Del Lago Apartments

Faraday
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.

Villa Esperanza

Norte Villas Apartments

Fourth Street Flats

3528 Tyson Pl NE

Sun Pointe Park Apartments

Theta Apartments

Aspen Plaza

313 McKnight Ave NE

Salida Del Sol Apartments

Netherwood North
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.
Alta Monte, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Alta Monte?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alta Monte Studio Apartments | $952 | $794 | $1,661 |
| Alta Monte 1 Bedroom Apartments | $1,144 | $840 | $1,890 |
| Alta Monte 2 Bedroom Apartments | $1,327 | $936 | $2,167 |
| Alta Monte 3 Bedroom Apartments | $1,646 | $1,166 | $2,300 |
| Alta Monte 4 Bedroom Apartments | $2,400 | $2,400 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the Alta Monte Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Alta Monte, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
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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 Comanche Wells priced from $786. Rock Creek has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Alta Monte apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Comanche Wells | S1 | Studio,1BA | $786 |
| Rock Creek | Studio | Studio,1BA | $799 |
| The Villas @ Uptown | Studio Upgrade | Studio,1BA | $800 |
| Encanto Lofts Apartments | Aspen - One Bedroom One Bath | 1BR,1BA | $835 |
| Union 505 | Studio | Studio,1BA | $838 |
| Via Apartments | 1 bedroom 1 bathroom TC | 1BR,1BA | $864 |
| 1/2 OFF FIRST MONTHS RENT | 0BR/1.0BA | Studio,1BA | $900 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $905 |
| Desert Creek Apartments | The Sonoran | Studio,1BA | $914 |
| Mont 44 Apartments | 1 Bedroom, 1 Bathroom TC | 1BR,1BA | $964 |
Best Value Apartments for Rent in Alta Monte, NM
As of April 21, 2026 the best value apartment in the Alta Monte area is the $1.20 price per square foot KaloDuo Model at Theta Apartments in the in the Northwest Quadrant neighborhood starting from $1,075. The second greatest value Alta Monte apartment is the Two Bedroom One and a Half Bath Model at Villa Esperanza starting at $1,234 with a $1.54 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Alta Monte apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Theta Apartments | KaloDuo | 2BR,2BA | $1.20 |
| Villa Esperanza | Two Bedroom One and a Half Bath | 2BR,1BA | $1.54 |
| Arroyo Vista | Two Bedroom | 2BR,1BA | $1.48 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.41 |
| Casa Tierra | A1 | 1BR,1BA | $1.59 |
| Sunset Pointe | SM1X1 | 1BR,1BA | $1.45 |
| Woodberry Heights | 1x1C | 1BR,1BA | $1.45 |
| Via Apartments | 1 bedroom 1 bathroom Renovated | 1BR,1BA | $1.53 |
| North Park Apartments | Birch | 1BR,1BA | $1.54 |
| Peaks at Sandia View | 1x1R-640 | 1BR,1BA | $1.60 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleAlta Monte, Albuquerque, NM
Ranked #52
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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.
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 $964.
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 $835, while the average apartment in Alta Monte costs $2,400.
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 29 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 $376 which is $2,024 cheaper than the average rent for all rentals in Alta Monte.
Expert Rental Resources
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.
Articles, How-To's, and Tips

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.