
Cheap Homes for Rent in Monterey Manor Neighborhood of Albuquerque, NM from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Monterey Manor area of Albuquerque.


2408 Chelwood Park Blvd NE, Unit D, Unit D
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.

1212 Chelwood Park Blvd NE

12809 Dorado Dr SE
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.

12908 Constitution Ave NE
Monterey Manor, Albuquerque, NM Local Guide

How much does it cost to rent a home in Monterey Manor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monterey Manor 2 Bedroom Homes for Rent | $1,523 | $900 | $2,800 |
| Monterey Manor 3 Bedroom Homes for Rent | $2,044 | $1,650 | $2,500 |
| Monterey Manor 4 Bedroom Homes for Rent | $2,666 | $2,600 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 1 Bed unit found at Cloudview Terrace priced from $795. Lexington Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable Monterey Manor apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cloudview Terrace | 1bd/1bath | 1BR,1BA | $795 |
| Lexington Place Apartments | Studio | Studio,1BA | $840 |
| Tesota Four Hills | B1R | 2BR,1BA | $862 |
Best Value Apartments for Rent in Monterey Manor, NM
As of April 22, 2026 the best value apartment in the Monterey Manor area is the $1.26 price per square foot 3 Bedroom 2 Bathroom Model at The Ridge in the in the South Los Altos neighborhood starting from $1,415. The second greatest value Monterey Manor apartment is the 12229 Menaul Blvd NE Model at 12229 Menaul Blvd NE, Unit B starting at $1,400 with a $1.39 price per square foot in the Northeast Quadrant 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 Ridge | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.26 |
| 12229 Menaul Blvd NE, Unit B | 12229 Menaul Blvd NE | 2BR,1BA | $1.39 |
| Tesota Four Hills | C1R | 3BR,2BA | $1.18 |
| The Heights at Tramway | Two Bedroom One Bath | 2BR,1BA | $1.34 |
| 2504 Chelwood Park Blvd NE, Unit Apartment A | 2504 Chelwood Park Blvd NE | 2BR,1BA | $1.37 |
| Arlo Apartments | B1 | 2BR,1BA | $1.45 |
| The Twelve 601 | 2BR/1.0BA | 2BR,1BA | $1.09 |
| 405 Dorado Ct SE, Unit D | 405 Dorado Ct SE | 2BR,1BA | $1.31 |
| Monterey Manor Apartments | KaloSolo-Premium | 1BR,1BA | $1.36 |
| Whispering Sands | One Bedroom One Bath | 1BR,1BA | $1.35 |
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.
Read ArticleThe 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
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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
Frequently Asked Questions about Monterey Manor
What type of rentals are currently available in Monterey Manor?
There are currently 215 Apartments for Rent in Monterey Manor, NM with pricing that ranges from $730 to $2,488. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey Manor ranging from $750 to $2,800.
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 $750 to $2,800 with an average monthly rent of $1,745.
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

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.

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.

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.

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.