Cheap Homes for Rent in Montgomery Plaza Neighborhood of Albuquerque, NM from $800 (4 Rentals)

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

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.

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

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Uptown Square2x2_10372BR,2BA$1.40
Via Apartments2 bedroom 1 bathroom MKT2BR,1BA$1.13
Mont 44 Apartments2 bedroom 2 bath Renovated MKT2BR,1BA$1.45
Theta ApartmentsKaloDuo2BR,2BA$1.20
Villa EsperanzaTwo Bedroom One and a Half Bath2BR,1BA$1.54
Arroyo VistaTwo Bedroom2BR,1BA$1.48
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Sunset PointeSM1X11BR,1BA$1.45
Woodberry Heights1x1C1BR,1BA$1.45
North Park ApartmentsBirch1BR,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.

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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 Article
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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.

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The 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.

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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.

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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.

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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

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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.

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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.

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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.

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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.