Cheap Apartments for Rent in the Montgomery Plaza Neighborhood of Albuquerque, NM from $600 (52 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Desert Creek Apartments
Rent Specials
$735 - $2,377
Total Monthly Price

Total Monthly Price

Base Rent
$735 - $2,377

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Desert Creek Apartments

4300 Pan American Fwy NEAlbuquerque, NM 87107
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Comanche Wells
Rent Specials
$765 - $2,849
Total Monthly Price

Total Monthly Price

Base Rent
$765 - $2,849

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Comanche Wells

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

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.

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

Total Monthly Price

Base Rent
$952 - $1,330

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Milo
Rent Specials
$1,001 - $1,388
Total Monthly Price

Total Monthly Price

Base Rent
$1,001 - $1,388

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Milo

4217 Louisiana Blvd NEAlbuquerque, NM 87109
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Sun Plaza
Rent Specials
$1,134 - $1,714
Total Monthly Price

Total Monthly Price

Base Rent
$1,134 - $1,714

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Sun Plaza

4400 Montgomery Blvd NEAlbuquerque, NM 87109
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
AYA ABQ
Rent Specials
$1,140 - $4,104
Total Monthly Price

Total Monthly Price

Base Rent
$1,140 - $4,104

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

AYA ABQ

5324 San Mateo Blvd NEAlbuquerque, NM 87109
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Casa Tierra
Rent Specials
$1,218 - $5,492
Total Monthly Price

Total Monthly Price

Base Rent
$1,218 - $5,492

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Casa Tierra

4949 San Pedro Dr NEAlbuquerque, NM 87109
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Siegel Select ABQ I
Rent Specials
$1,363 - $1,661
Total Monthly Price

Total Monthly Price

Base Rent
$1,363 - $1,661

Total Monthly Price
$1,363 - $1,661
Studio Apartments Available Now

Siegel Select ABQ I

2500 University Blvd NEAlbuquerque, NM 87107
Furnished
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
Uptown Square
Rent Specials
$1,386 - $1,616
Total Monthly Price

Total Monthly Price

Base Rent
$1,386 - $1,616

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Uptown Square

7000 Phoenix Ave NEAlbuquerque, NM 87110
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included

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.

close
View Me
Lincoln Place
Studio to 2 Bedroom Apartments

Lincoln Place

4401 San Pedro Dr NEAlbuquerque, NM 87109
close
View Me
Villa Esperanza
1 to 4 Bedroom Apartments

Villa Esperanza

3901 Lafayette DrAlbuquerque, NM 87107
close
View Me
Theta Apartments
1 to 2 Bedroom Apartments

Theta Apartments

3900 Tulane Dr NEAlbuquerque, NM 87107
close
View Me
Villas Del Cielo
1 to 2 Bedroom Apartments

Villas Del Cielo

3131 Adams St NEAlbuquerque, NM 87110
close
View Me
Rancho Verde
1 to 2 Bedroom Apartments

Rancho Verde

5800 Truchas Dr NEAlbuquerque, NM 87109

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.

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 Desert Creek Apartments priced from $735. Comanche Wells has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here are the most affordable Montgomery Plaza apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$735
Comanche WellsS1Studio,1BA$765
Rock CreekStudioStudio,1BA$799
Encanto Lofts ApartmentsAspen - One Bedroom One Bath1BR,1BA$835
Via Apartments1 bedroom 1 bathroom TC1BR,1BA$864
Candlelight SquareDesert Willow1BR,1BA$895
Montecito1BD, 1BTH A1BR,1BA$900
Sunchase ApartmentsJr 1x11BR,1BA$905
Mont 44 Apartments1 Bedroom, 1 Bathroom TC1BR,1BA$914
Canyon Crest1 Bedroom 1 Bathroom1BR,1BA$926

Best Value Apartments for Rent in Montgomery Plaza, NM

As of May 19, 2026 the best value apartment in the Montgomery Plaza area is the $1.52 price per square foot 2x2_1037 Model at Uptown Square in the in the Northeast Quadrant neighborhood starting from $1,576. The second greatest value Montgomery Plaza apartment is the KaloDuo Model at Theta Apartments starting at $1,075 with a $1.20 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.
Uptown Square2x2_10372BR,2BA$1.52
Theta ApartmentsKaloDuo2BR,2BA$1.20
The LakesTwo Bedroom One Bath2BR,1BA$1.48
Tesota MorningsideB2AR2BR,1BA$1.44
1/2 OFF FIRST MONTHS RENT1BR/1.0BA1BR,1BA$1.42
Arroyo VistaTwo Bedroom2BR,1BA$1.48
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Via Apartments1 bedroom 1 bathroom Renovated1BR,1BA$1.53
Sunset PointeSM1X11BR,1BA$1.45
Woodberry Heights1x1C1BR,1BA$1.45

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
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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 $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

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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.

decorative image for The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach article

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.

decorative image for Albuquerque Uncovered: Your Local Experts Guide to the High Desert City article

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.

decorative image for Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers   article

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.