Cheap Apartments for Rent in the Alta Monte Neighborhood of Albuquerque, NM from $500 (28 Rentals)

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

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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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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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included

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 Villas @ Uptown
Studio to 3 Bedroom Apartments

The Villas @ Uptown

6230 Indian School Rd NEAlbuquerque, NM 87110
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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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Los Arcos
1 Bedroom Apartments

Los Arcos

1813 Girard Blvd NEAlbuquerque, NM 87106
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Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107
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Theta Apartments
1 to 2 Bedroom Apartments

Theta Apartments

3900 Tulane Dr NEAlbuquerque, NM 87107

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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Showing Results 1-28, 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 $588. Encanto Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $715. 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$588
Encanto Lofts ApartmentsYucca - StudioStudio,1BA$715
Union 505StudioStudio,1BA$744
Comanche WellsS1Studio,1BA$792
The Villas @ Uptown– Studio / 1 Bath Apartment in Uptown Location...Studio,1BA$800
Via ApartmentsStudio TCStudio,1BA$801
Rock CreekStudioStudio,1BA$845
San Pedro VillageAcoma StudioStudio,1BA$865
Sunchase ApartmentsJr 1x11BR,1BA$905
Villas de la TerrazaStudioStudio,1BA$950

Best Value Apartments for Rent in Alta Monte, NM

As of December 24, 2025 the best value apartment in the Alta Monte area is the $1.39 price per square foot Renovated 2-Bedroom B Model at Glo Apartments in the in the Netherwood Park neighborhood starting from $1,508. The second greatest value Alta Monte apartment is the B2 Model at Casa Tierra starting at $1,495 with a $1.42 price per square foot in the Baloon Fiesta Park 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.
Glo ApartmentsRenovated 2-Bedroom B2BR,2BA$1.39
Casa TierraB22BR,2BA$1.42
Theta ApartmentsKaloDuo2BR,2BA$1.09
Villas Del Cielo1 Bedroom1BR,1BA$1.47
Arroyo VistaOne Bedroom1BR,1BA$1.34
Sunset PointeSM1X11BR,1BA$1.45
Mont 44 Apartments1 bedroom Renovated MKT1BR,1BA$1.61
Woodberry Heights1x1B1BR,1BA$1.47
North Park ApartmentsBirch1BR,1BA$1.54
Via ApartmentsStudio TCStudio ,1BA$1.60

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 #67

Among cities in New Mexico 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.

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 $865, 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 38 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 $363 which is $2,037 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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!