Cheap Apartments for Rent in the Alta Monte Neighborhood of Albuquerque, NM from $700 (50 Rentals)

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

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Comanche Wells
Rent Specials
$786 - $2,849
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$786 - $2,849

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Studio to 2 Bedroom Apartments Available Now

Comanche Wells

3400 Comanche Rd NEAlbuquerque, NM 87107
Corporate Housing
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  • Low Income
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Union 505
Rent Specials
$838 - $2,243
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$838 - $2,243

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Studio to 2 Bedroom Apartments Available Now

Union 505

801 Locust Pl NEAlbuquerque, NM 87102
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Tesota Morningside
Rent Specials
$952 - $1,330
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$952 - $1,330

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1 to 2 Bedroom Apartments Available May 8

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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AYA ABQ
Rent Specials
$1,001 - $4,004
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$1,001 - $4,004

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1 to 2 Bedroom Apartments Available Now

AYA ABQ

5324 San Mateo Blvd NEAlbuquerque, NM 87109
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Sun Plaza
Rent Specials
$1,065 - $1,882
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$1,065 - $1,882

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1 to 3 Bedroom Apartments Available Now

Sun Plaza

4400 Montgomery Blvd NEAlbuquerque, NM 87109
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property at 1508 Edith Blvd NE

$1,100 - $1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,600

Total Monthly Price
$1,100 - $1,600

Studio To 2 Bedroom Homes for Rent

Available Now

1508 Edith Blvd NE

AlbuquerqueNM87102

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.

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Glo Apartments
$1,127 - $1,823
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$1,127 - $1,823

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Studio to 2 Bedroom Apartments Available Now

Glo Apartments

3901 Indian School Rd NEAlbuquerque, NM 87110
Transit Friendly
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Casa Tierra
Rent Specials
$1,196 - $5,555
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$1,196 - $5,555

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1 to 3 Bedroom Apartments Available Now

Casa Tierra

4949 San Pedro Dr NEAlbuquerque, NM 87109
Corporate Housing
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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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Lincoln Place
Studio to 2 Bedroom Apartments

Lincoln Place

4401 San Pedro Dr NEAlbuquerque, NM 87109
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Los Arcos
1 Bedroom Apartments

Los Arcos

1813 Girard Blvd NEAlbuquerque, NM 87106
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Del Lago Apartments
1 Bedroom Apartments

Del Lago Apartments

1505 Girard Blvd NEAlbuquerque, NM 87106
Student Housing
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Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107

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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Villa Esperanza
1 to 4 Bedroom Apartments

Villa Esperanza

3901 Lafayette DrAlbuquerque, NM 87107
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Fourth Street Flats
Studio to 2 Bedroom Apartments

Fourth Street Flats

4419 4th St NWAlbuquerque, NM 87107
  • Utilities Included
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Theta Apartments
1 to 2 Bedroom Apartments

Theta Apartments

3900 Tulane Dr NEAlbuquerque, NM 87107
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Aspen Plaza
1 to 2 Bedroom Apartments

Aspen Plaza

3700 Aspen Ave NEAlbuquerque, NM 87110
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Netherwood North
2 Bedroom Apartments

Netherwood North

1812 Girard Blvd NEAlbuquerque, NM 87106

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

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 ListingModel NameBed/BathPriced From
Comanche WellsS1Studio,1BA$786
Rock CreekStudioStudio,1BA$799
The Villas @ UptownStudio UpgradeStudio,1BA$800
Encanto Lofts ApartmentsAspen - One Bedroom One Bath1BR,1BA$835
Union 505StudioStudio,1BA$838
Via Apartments1 bedroom 1 bathroom TC1BR,1BA$864
1/2 OFF FIRST MONTHS RENT0BR/1.0BAStudio,1BA$900
Sunchase ApartmentsJr 1x11BR,1BA$905
Desert Creek ApartmentsThe SonoranStudio,1BA$914
Mont 44 Apartments1 Bedroom, 1 Bathroom TC1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Theta ApartmentsKaloDuo2BR,2BA$1.20
Villa EsperanzaTwo Bedroom One and a Half Bath2BR,1BA$1.54
Arroyo VistaTwo Bedroom2BR,1BA$1.48
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Casa TierraA11BR,1BA$1.59
Sunset PointeSM1X11BR,1BA$1.45
Woodberry Heights1x1C1BR,1BA$1.45
Via Apartments1 bedroom 1 bathroom Renovated1BR,1BA$1.53
North Park ApartmentsBirch1BR,1BA$1.54
Peaks at Sandia View1x1R-6401BR,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.

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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.

Read Article
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Don'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.

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The 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.

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Cash 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.

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Quick 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.

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Pet Friendly Lifestyle
Alta Monte, Albuquerque, NM

Ranked #52

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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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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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.

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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.

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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.