
Cheap 1 Bedroom Apartments for Rent in the Montgomery Plaza Neighborhood of Albuquerque, NM from $838 (40 Rentals)


Canyon Crest

Encanto Lofts Apartments

3204 Comanche Rd NE

4747 Spanish Sun Ave NE

Via Apartments

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Desert Creek Apartments

Candlelight Square
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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Comanche Wells

Montecito

Sunchase Apartments

Mont 44 Apartments

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Milo

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Tesota Morningside

Rock Creek

Arroyo Vista
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

North Park Apartments

Woodberry Heights

The Lakes

San Pedro Village

Sunset Pointe

Silverado

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AYA ABQ

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Sun Plaza
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.

Lifestyles at Renaissance

Villas de la Terraza

Telegraph Hill

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Casa Tierra

1/2 OFF FIRST MONTHS RENT

Oak Tree Park

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Uptown Square

Gracey's Nation - Truman Community
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.

Vista Del Sol Apartments

2732 Mesilla St NE

Chelsea Village Apartments

Villa Esperanza

Norte Villas Apartments

Villas Del Cielo

Salida Del Sol Apartments

Rancho Verde
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Montgomery Plaza, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Montgomery Plaza?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montgomery Plaza Studio Apartments | $952 | $700 | $1,661 |
Montgomery Plaza 1 Bedroom Apartments | $1,163 | $838 | $1,929 |
| Montgomery Plaza 2 Bedroom Apartments | $1,377 | $975 | $2,381 |
| Montgomery Plaza 3 Bedroom Apartments | $1,569 | $1,166 | $2,535 |
| Montgomery Plaza 4 Bedroom Apartments | $2,400 | $2,400 | $2,400 |
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Montgomery Plaza, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
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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 Montgomery Plaza, Albuquerque, NM
School data provided by Great Schools
Frequently Asked Questions about Cheap Montgomery Plaza Apartments
What is a cheap apartment in Montgomery Plaza?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montgomery Plaza is under $926.
What is the price of a cheap apartment in Montgomery Plaza?
The cheapest apartment in Montgomery Plaza is Encanto Lofts Apartments which is listed at $835, while the average apartment in Montgomery Plaza costs $2,400.
What types of apartments are the cheapest in Montgomery Plaza?
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 56 regular apartments in Montgomery Plaza 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 Plaza?
Cheap apartments in Montgomery Plaza have an average cost of $536 which is $1,864 cheaper than the average rent for all rentals in Montgomery Plaza.
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.

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Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
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I still recollect my first morning commute in Albuquerque.
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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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.