Cheap Apartments for Rent in the Montgomery Plaza Neighborhood of Albuquerque, NM from $700 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Montgomery Plaza area of Albuquerque.

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Desert Creek Apartments
$766 - $1,615
Total Monthly Price

Total Monthly Price

Base Rent
$602 - $1,451
Required Monthly Fees
$164

Total Monthly Price
$766 - $1,615
Studio to 3 Bedroom Apartments Available Now

Desert Creek Apartments

4300 Pan American Fwy NEAlbuquerque, NM 87107
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  • Customer Reviewed
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Comanche Wells
Rent Specials
$767 - $2,850
Total Monthly Price

Total Monthly Price

Base Rent
$752 - $2,835
Required Monthly Fees
$15

Total Monthly Price
$767 - $2,850
Studio to 2 Bedroom Apartments Available Now

Comanche Wells

3400 Comanche Rd NEAlbuquerque, NM 87107
Corporate Housing
  • Verified
  • Customer Reviewed
  • Low Income

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Tesota Morningside
Rent Specials
$952 - $1,330
Total Monthly Price

Total Monthly Price

Base Rent
$915 - $1,293
Required Monthly Fees
$37

Total Monthly Price
$952 - $1,330
1 to 2 Bedroom Apartments Available Now

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
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  • Customer Reviewed
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Lifestyles at Renaissance
Rent Specials
$964 - $1,778
Total Monthly Price

Total Monthly Price

Base Rent
$921 - $1,735
Required Monthly Fees
$43

Total Monthly Price
$964 - $1,778
1 to 2 Bedroom Apartments Available Now

Lifestyles at Renaissance

4920 Union Way NEAlbuquerque, NM 87107
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

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North Park Apartments
Rent Specials
$985 - $1,625
Total Monthly Price

Total Monthly Price

Base Rent
$980 - $1,620
Required Monthly Fees
$5

Total Monthly Price
$985 - $1,625
1 to 3 Bedroom Apartments Available Now

North Park Apartments

5327 Montgomery Blvd NEAlbuquerque, NM 87109
Affordability
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  • Utilities Included
  • 3D Tour

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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included
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Theta Apartments
1 to 2 Bedroom Apartments

Theta Apartments

3900 Tulane Dr NEAlbuquerque, NM 87107
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Villa Esperanza
1 to 4 Bedroom Apartments

Villa Esperanza

3901 Lafayette DrAlbuquerque, NM 87107

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Montgomery Plaza, Albuquerque, NM Local Guide

Cheapest Available Montgomery Plaza Apartments for Rent

 

The cheapest available apartment rental in the Montgomery Plaza area of Albuquerque, NM is a Studio unit found at Encanto Lofts Apartments priced from $754. Desert Creek Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $766. Here are the most affordable Montgomery Plaza apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Encanto Lofts ApartmentsJuniper - Studio + DenStudio,1BA$754
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$766
Comanche WellsS1Studio,1BA$767
Rock CreekStudioStudio,1BA$799
Via ApartmentsStudio TCStudio,1BA$801
Candlelight SquareSilver Sage1BR,1BA$899
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$905
Sunchase ApartmentsJr 1x11BR,1BA$905
Mont 44 Apartments1 Bedroom, 1 Bathroom TC1BR,1BA$914
Arroyo VistaOne Bedroom1BR,1BA$971

Best Value Apartments for Rent in Montgomery Plaza, NM

As of February 18, 2026 the best value apartment in the Montgomery Plaza area is the $1.09 price per square foot KaloDuo Model at Theta Apartments in the in the Northwest Quadrant neighborhood starting from $975. The second greatest value Montgomery Plaza apartment is the 1BR/1.0BA Model at 1/2 OFF FIRST MONTHS RENT starting at $1,150 with a $1.34 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Montgomery Plaza apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Theta ApartmentsKaloDuo2BR,2BA$1.09
1/2 OFF FIRST MONTHS RENT1BR/1.0BA1BR,1BA$1.34
Uptown Square1x1_8241BR,1BA$1.52
Villa EsperanzaTwo Bedroom One and a Half Bath2BR,1BA$1.54
Villas Del Cielo1 Bedroom1BR,1BA$1.36
MiloMadrid Platinum1BR,1BA$1.56
Casa TierraA11BR,1BA$1.56
Arroyo VistaOne Bedroom1BR,1BA$1.34
Sunset PointeSM1X11BR,1BA$1.45
North Park ApartmentsBirch1BR,1BA$1.54

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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Albuquerque. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, family-friendly amenities, raising pets, transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

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 $971.

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 $799, 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 60 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 $369 which is $2,031 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.

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