Cheap Apartments for Rent in the Montgomery Heights Neighborhood of Albuquerque, NM from $500 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Montgomery Heights 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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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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Theta Apartments
1 to 2 Bedroom Apartments

Theta Apartments

3900 Tulane Dr NEAlbuquerque, NM 87107

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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Montgomery Heights, Albuquerque, NM Local Guide

Cheapest Available Montgomery Heights Apartments for Rent

 

The cheapest available apartment rental in the Montgomery Heights area of Albuquerque, NM is a Studio unit found at Comanche Wells priced from $723. Encanto Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $735. Here are the most affordable Montgomery Heights apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Comanche WellsS1Studio,1BA$723
Encanto Lofts ApartmentsYucca - StudioStudio,1BA$735
Rock CreekStudioStudio,1BA$799
The Villas @ UptownStudio ClassicStudio,1BA$800
Union 505StudioStudio,1BA$801

Best Value Apartments for Rent in Montgomery Heights, NM

As of December 03, 2025 the best value apartment in the Montgomery Heights area is the $1.28 price per square foot The Arabian Model at Desert Creek Apartments in the in the Northwest Quadrant neighborhood starting from $1,618. The second greatest value Montgomery Heights apartment is the 2 bedroom 2 bath Model at Large Quiet Two Bedroom starting at $1,250 with a $1.34 price per square foot in the Netherwood Park neighborhood. Here is today’s list of the best values for Montgomery Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Desert Creek ApartmentsThe Arabian3BR,2BA$1.28
Large Quiet Two Bedroom2 bedroom 2 bath2BR,2BA$1.34
Peaks at Sandia View2x2R-9002BR,2BA$1.53
Villas Del Cielo1 Bedroom1BR,1BA$1.28
Arroyo VistaOne Bedroom1BR,1BA$1.34
Via Apartments1 bedroom 1 bathroom Renovated1BR,1BA$1.53
Sunset PointeSM1X11BR,1BA$1.45
North Park ApartmentsBirch1BR,1BA$1.54
San Pedro VillageCochiti One Bedroom1BR,1BA$1.60
Sunchase ApartmentsJr 1x11BR,1BA$1.66

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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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
Montgomery Heights, Albuquerque, NM

Ranked #59

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
Montgomery Heights, Albuquerque, NM

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Montgomery Heights, Albuquerque, and the greater Albuquerque area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, 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.

Getting Around the Montgomery Heights Neighborhood in Albuquerque, NM

Walk Score®

58 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

79 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

31 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Montgomery Heights Apartments

What is a cheap apartment in Montgomery Heights?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montgomery Heights is under $985.

What is the price of a cheap apartment in Montgomery Heights?

The cheapest apartment in Montgomery Heights is Encanto Lofts Apartments which is listed at $820, while the average apartment in Montgomery Heights costs $2,600.

What types of apartments are the cheapest in Montgomery Heights?

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 17 regular apartments in Montgomery Heights 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 Montgomery Heights?

Cheap apartments in Montgomery Heights have an average cost of $178 which is $2,422 cheaper than the average rent for all rentals in Montgomery Heights.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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!