
Cheap Homes for Rent in Montgomery Plaza Neighborhood of Albuquerque, NM from $800 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Montgomery Plaza area of Albuquerque.


3528 Tyson Pl NE
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.

4200 Montgomery Blvd NE

3301 Monroe St NE
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.
Montgomery Plaza, Albuquerque, NM Local Guide

How much does it cost to rent a home in Montgomery Plaza?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montgomery Plaza 2 Bedroom Homes for Rent | $1,581 | $1,050 | $1,925 |
| Montgomery Plaza 3 Bedroom Homes for Rent | $2,052 | $1,350 | $2,850 |
| Montgomery Plaza 4 Bedroom Homes for Rent | $2,375 | $2,350 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Montgomery Plaza Neighborhood of Albuquerque, NM.
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Montgomery Plaza, Albuquerque, NM Local Guide
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Best Value Apartments for Rent in Montgomery Plaza, NM
As of April 10, 2026 the best value apartment in the Montgomery Plaza area is the $1.40 price per square foot 2x2_1037 Model at Uptown Square in the in the Northeast Quadrant neighborhood starting from $1,455. The second greatest value Montgomery Plaza apartment is the 2 bedroom 1 bathroom MKT Model at Via Apartments starting at $1,130 with a $1.13 price per square foot in the North Valley neighborhood. Here is today’s list of the best values for Montgomery Plaza apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Uptown Square | 2x2_1037 | 2BR,2BA | $1.40 |
| Via Apartments | 2 bedroom 1 bathroom MKT | 2BR,1BA | $1.13 |
| Mont 44 Apartments | 2 bedroom 2 bath Renovated MKT | 2BR,1BA | $1.45 |
| Theta Apartments | KaloDuo | 2BR,2BA | $1.20 |
| Villa Esperanza | Two Bedroom One and a Half Bath | 2BR,1BA | $1.54 |
| Arroyo Vista | Two Bedroom | 2BR,1BA | $1.48 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.41 |
| Sunset Pointe | SM1X1 | 1BR,1BA | $1.45 |
| Woodberry Heights | 1x1C | 1BR,1BA | $1.45 |
| North Park Apartments | Birch | 1BR,1BA | $1.54 |
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
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 ArticleThe 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.
Read ArticleCash 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.
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 Montgomery Plaza
What type of rentals are currently available in Montgomery Plaza?
There are currently 93 Apartments for Rent in Montgomery Plaza, NM with pricing that ranges from $785 to $3,327. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery Plaza ranging from $1,050 to $2,850.
What is the current price range for Rental Homes in Montgomery Plaza?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Montgomery Plaza ranges from $1,050 to $2,850 with an average monthly rent of $2,002.
How much are larger Three and Four Bedroom Rentals in Montgomery Plaza?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Montgomery Plaza range from $1,331 to $3,327, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,850. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $2,400.
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.