Cheap Apartments for Rent in the Alta Monte Neighborhood of Albuquerque, NM from $700 (59 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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Desert Creek Apartments
Rent Specials
$728 - $2,357
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$728 - $2,357

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Studio to 3 Bedroom Apartments Available Now

Desert Creek Apartments

4300 Pan American Fwy NEAlbuquerque, NM 87107
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Union 505
Rent Specials
$756 - $2,747
Total Monthly Price

Total Monthly Price

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$756 - $2,747

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Studio to 2 Bedroom Apartments Available Now

Union 505

801 Locust Pl NEAlbuquerque, NM 87102
Active Lifestyle
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Comanche Wells
Rent Specials
$793 - $2,862
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Total Monthly Price

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$793 - $2,862

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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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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 - $1,365
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$952 - $1,365

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1 to 2 Bedroom Apartments Available Jun 12

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
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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.

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Glo Apartments
$1,109 - $1,990
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$1,109 - $1,990

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Studio to 2 Bedroom Apartments Available Now

Glo Apartments

3901 Indian School Rd NEAlbuquerque, NM 87110
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AYA ABQ
$1,140 - $3,956
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$1,140 - $3,956

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1 to 2 Bedroom Apartments Available Now

AYA ABQ

5324 San Mateo Blvd NEAlbuquerque, NM 87109
Corporate Housing
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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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Casa Tierra
Rent Specials
$1,214 - $5,670
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$1,214 - $5,670

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1 to 3 Bedroom Apartments Available Now

Casa Tierra

4949 San Pedro Dr NEAlbuquerque, NM 87109
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Sun Plaza
Rent Specials
$1,237 - $1,825
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$1,237 - $1,825

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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 1506 Edith Blvd NE

$1,360

Total Monthly Price

Total Monthly Price

Base Rent
$1,360

Total Monthly Price
$1,360

2 Bedroom, 1 Bath Home for Rent

Available Now

1506 Edith Blvd NE

AlbuquerqueNM87102
property at 5800 2nd St NW

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 1 Bath Home for Rent

Available Jul 1

5800 2nd St NW

AlbuquerqueNM87107
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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included

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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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
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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

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.

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 $728. Union 505 has the second lowest priced unit, which is a Studio apartment currently listed from $752. 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$728
Union 505StudioStudio,1BA$752
Comanche WellsS1Studio,1BA$795
Encanto Lofts ApartmentsJuniper - Studio + DenStudio,1BA$799
The Villas at UptownStudio UpgradeStudio,1BA$800
San Pedro VillageAcoma StudioStudio,1BA$885
Sunchase ApartmentsJr 1x11BR,1BA$905
Mont 44 Apartments1 Bedroom, 1 Bathroom TC1BR,1BA$914
Via Apartments2 bedroom 1 bathroom TC2BR,1BA$950
Rock CreekOne Bedroom1BR,1BA$955

Best Value Apartments for Rent in Alta Monte, NM

As of June 06, 2026 the best value apartment in the Alta Monte area is the $1.02 price per square foot 3 bedroom 2 bathroom TC Model at Via Apartments in the in the North Valley neighborhood starting from $1,331. The second greatest value Alta Monte apartment is the KaloDuo Model at Theta Apartments starting at $1,075 with a $1.20 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.
Via Apartments3 bedroom 2 bathroom TC3BR,2BA$1.02
Theta ApartmentsKaloDuo2BR,2BA$1.20
Tesota MorningsideB2AR2BR,1BA$1.44
1/2 OFF FIRST MONTHS RENT1BR/1.0BA1BR,1BA$1.42
Villa EsperanzaTwo Bedroom One and a Half Bath2BR,1BA$1.54
Arroyo VistaTwo Bedroom2BR,1BA$1.48
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Sunset PointeSM1X11BR,1BA$1.45
Woodberry Heights1x1C1BR,1BA$1.47
North Park ApartmentsBirch1BR,1BA$1.54

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Alta Monte, Albuquerque, NM

Ranked #62

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 $955.

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 $1,600.

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 13 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 $352 which is $1,248 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.

Helpful Local Expert Guides

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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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The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Written by: Esther Lombardi

There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

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Albuquerque Uncovered: Your Local Experts Guide to the High Desert City

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Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

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Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers

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I still recollect my first morning commute in Albuquerque.

Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.