Cheap Homes for Rent in Monterey Manor Neighborhood of Albuquerque, NM from $900 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Monterey Manor area of Albuquerque.

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.

The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

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Monterey Manor, Albuquerque, NM Local Guide

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 ListingModel NameBed/BathPriced From
Juniper FlatsArroyoStudio,1BA$700
Whispering SandsOne Bedroom One Bath1BR,1BA$799
Lexington Place ApartmentsStudioStudio,1BA$840

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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Heights at TramwayTwo Bedroom One Bath2BR,1BA$1.34
Los Altos TowersOne Bedroom One Bath1BR,1BA$1.33
The Twelve 6012BR/1.0BA2BR,1BA$1.06
Cloudview Terrace2Bd/1Bath LOFT2BR,1BA$1.08
Panorama HeightsOne Bedroom1BR,1BA$1.33
Executive East Apartments1 Beds, 1 Baths1BR,1BA$1.25
Monterey Manor ApartmentsKaloSolo-Premium1BR,1BA$1.36
Arlo ApartmentsA11BR,1BA$1.43
The Ridge1 Bedroom 1 Bathroom1BR,1BA$1.45
Whispering SandsOne Bedroom One Bath1BR,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.

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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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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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Frequently Asked Questions about Monterey Manor

What type of rentals are currently available in Monterey Manor?

There are currently 210 Apartments for Rent in Monterey Manor, NM with pricing that ranges from $700 to $3,164. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey Manor ranging from $900 to $3,500.

What is the current price range for Rental Homes in Monterey Manor?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Monterey Manor ranges from $900 to $3,500 with an average monthly rent of $2,006.

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

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.

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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

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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.