
Cheap Homes for Rent in Montgomery Plaza Neighborhood of Albuquerque, NM from $500 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Montgomery Plaza area of Albuquerque.


2732 Mesilla St 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.

3217 Wellesley Ct 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 | $1,790 | $1,200 | $2,195 |
| Montgomery Plaza 3 Bedroom Homes for Rent | $2,129 | $1,750 | $2,850 |
| Montgomery Plaza 4 Bedroom Homes for Rent | $2,262 | $2,250 | $2,275 |
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 May 26, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Uptown Square | 2x2_1037 | 2BR,2BA | $1.52 |
| Theta Apartments | KaloDuo | 2BR,2BA | $1.20 |
| Chelsea Village Apartments | KaloDuo-Premium | 2BR,1BA | $1.36 |
| 1/2 OFF FIRST MONTHS RENT | 1BR/1.0BA | 1BR,1BA | $1.42 |
| 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 |
| Via Apartments | 1 bedroom 1 bathroom Renovated | 1BR,1BA | $1.53 |
| North Park Apartments | Birch | 1BR,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.
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 Montgomery Plaza
What type of rentals are currently available in Montgomery Plaza?
There are currently 95 Apartments for Rent in Montgomery Plaza, NM with pricing that ranges from $700 to $2,500. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery Plaza ranging from $580 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 $580 to $2,850 with an average monthly rent of $1,699.
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.

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.

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

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.