
Cheap Apartments for Rent in the Monterey Manor Neighborhood of Albuquerque, NM from $400 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monterey Manor area of Albuquerque.


Total Monthly Price
Tesota Four Hills

The Twelve 601

Cloudview Terrace

Manzano Vista

Lexington Place Apartments

Total Monthly Price
Tesota Midtown

Executive East Apartments

Executive West - Senior Community

Rio Vista Senior 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.

2408 Chelwood Park Blvd NE, Unit D

Total Monthly Price
Studios on Route 66

The Retreat at Candelaria

The Ridge

Arlo Apartments

Sunrise Apartments

12124 Indian School Rd NE

Farolito Senior Apartments

940 Chelwood Park Blvd NE

179 Monte Largo Dr NE
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.

Northpointe Village

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Arrowhead Pointe

La Vida Buena Apartments

Total Monthly Price
The June

Total Monthly Price
The Reserve

Northeastern

Villa Serena Apartments

Total Monthly Price
12001 Phoenix Ave NE, Unit C

2900 Palo Verde Dr NE, Unit D

11912 Indian School Rd NE, Unit APT 8
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.

The Heights at Tramway

10204 Candelaria Rd NE, Unit 10204

12205 Eric Ct NE

Total Monthly Price
MOUNTAIN VISTA

Grove at Tramway

Total Monthly Price
Lumen

12120 Candelaria Rd NE

Total Monthly Price
12205 Haines Ave NE, Unit Haines Apartments

Zia Townhomes

Glorieta
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11101 Towner Ave NE

628-636 Morris St NE

Morris Townhome Apartments

Tesota Four Hills South

308 Whispering Sands Ct SE

Los Altos Lofts

760 Juan Tabo Blvd NE

Whispering Sands

209 Hanosh Ct SE

Grandview Apartments
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Monterey Manor, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Monterey Manor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monterey Manor Studio Apartments | $791 | $700 | $1,075 |
| Monterey Manor 1 Bedroom Apartments | $1,133 | $734 | $1,955 |
| Monterey Manor 2 Bedroom Apartments | $1,350 | $850 | $2,295 |
| Monterey Manor 3 Bedroom Apartments | $1,640 | $1,120 | $3,164 |
Browse Apartments in this Neighborhood
There are currently 72 rentals with your search options within a 2 mile radius of the Monterey Manor Neighborhood of Albuquerque, NM.
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Monterey Manor, Albuquerque, NM Local Guide
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Cheapest Available Monterey Manor Apartments for Rent
 The cheapest available apartment rental in the Monterey Manor area of Albuquerque, NM is a Studio unit found at Juniper Flats priced from $700. Whispering Sands has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Monterey Manor apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Juniper Flats | Arroyo | Studio,1BA | $700 |
| Whispering Sands | One Bedroom One Bath | 1BR,1BA | $799 |
| Lexington Place Apartments | Studio | Studio,1BA | $840 |
| The Twelve 601 | 2BR/1.0BA | 2BR,1BA | $845 |
| Cloudview Terrace | 2Bd/1Bath LOFT | 2BR,1BA | $850 |
| Executive East Apartments | 1 Beds, 1 Baths | 1BR,1BA | $875 |
| Monterey Manor Apartments | KaloSolo | 1BR,1BA | $875 |
| Rio Vista Senior Apartments | Income-Restricted One Bedroom Senior Apartment ... | 1BR,1BA | $890 |
| Studios on Route 66 | Studio | Studio,1BA | $900 |
| The Retreat at Candelaria | Artesia | 1BR,1BA | $928 |
Best Value Apartments for Rent in Monterey Manor, NM
As of June 06, 2026 the best value apartment in the Monterey Manor area is the $1.34 price per square foot Two Bedroom One Bath Model at The Heights at Tramway in the in the Northeast Quadrant neighborhood starting from $1,199. The second greatest value Monterey Manor apartment is the One Bedroom One Bath Model at Los Altos Towers starting at $1,148 with a $1.33 price per square foot in the South Los Altos neighborhood. Here is today’s list of the best values for Monterey Manor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Heights at Tramway | Two Bedroom One Bath | 2BR,1BA | $1.34 |
| Los Altos Towers | One Bedroom One Bath | 1BR,1BA | $1.33 |
| The Twelve 601 | 2BR/1.0BA | 2BR,1BA | $1.06 |
| Cloudview Terrace | 2Bd/1Bath LOFT | 2BR,1BA | $1.08 |
| Panorama Heights | One Bedroom | 1BR,1BA | $1.33 |
| Executive East Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.25 |
| Monterey Manor Apartments | KaloSolo-Premium | 1BR,1BA | $1.36 |
| Arlo Apartments | A1 | 1BR,1BA | $1.43 |
| The Ridge | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.45 |
| Whispering Sands | One Bedroom One Bath | 1BR,1BA | $1.23 |
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 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 ArticleReal 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.
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.
Best Local Schools in Monterey Manor, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Albuquerque. 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 outdoor access, kid and pet-friendly communities, availability of transit options, walking, and biking. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Monterey Manor Apartments
What is the Cheapest Studio apartment in Monterey Manor?
Currently the most affordable Cheap Studio Apartment in Monterey Manor is at Juniper Flats listed at $700.
How much is rent for a Cheap One Bedroom Monterey Manor Apartment?
The lowest price for a Cheap One Bedroom Monterey Manor Apartment is $799 at Whispering Sands.
What is the lowest price for a Cheap Two Bedroom Monterey Manor Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monterey Manor is starting from $845 at The Twelve 601.
What is the most affordable Monterey Manor Three Bedroom Apartment?
The best deal on a cheap Monterey Manor Three Bedroom Apartment rental is at MOUNTAIN VISTA and starts from $1,640.
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

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.

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.

Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
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.

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips

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.

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.

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.

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.