Cheap Apartments for Rent in the Montogmery Park Neighborhood of Albuquerque, NM from $700 (62 Rentals)

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

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Comanche Wells
Rent Specials
$785 - $2,849
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$785 - $2,849

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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.

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AYA ABQ
$940 - $3,943
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$940 - $3,943

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1 to 2 Bedroom Apartments Available Now

AYA ABQ

5324 San Mateo Blvd NEAlbuquerque, NM 87109
Corporate Housing
  • 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.

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Tesota Morningside
Rent Specials
$952 - $1,330
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$952 - $1,330

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1 to 2 Bedroom Apartments Available Apr 17

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
Affordability
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  • Customer Reviewed
  • 3D Tour
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Milo
Rent Specials
$1,054 - $1,486
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Total Monthly Price

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$1,054 - $1,486

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1 to 2 Bedroom Apartments Available Now

Milo

4217 Louisiana Blvd NEAlbuquerque, NM 87109
Pet Friendly
  • 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.

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Sun Plaza
Rent Specials
$1,111 - $3,327
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$1,111 - $3,327

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1 to 3 Bedroom Apartments Available Now

Sun Plaza

4400 Montgomery Blvd NEAlbuquerque, NM 87109
Affordability
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  • Customer Reviewed
  • 3D Tour

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.

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Glo Apartments
$1,162 - $1,807
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$1,162 - $1,807

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Studio to 2 Bedroom Apartments Available Now

Glo Apartments

3901 Indian School Rd NEAlbuquerque, NM 87110
Transit Friendly
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  • Customer Reviewed
  • 3D Tour
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Casa Tierra
Rent Specials
$1,190 - $5,495
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$1,190 - $5,495

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1 to 3 Bedroom Apartments Available Now

Casa Tierra

4949 San Pedro Dr NEAlbuquerque, NM 87109
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Calero
$1,212 - $1,987
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Total Monthly Price

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$1,212 - $1,987

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1 to 3 Bedroom Apartments Available Now

Calero

8000 Montgomery Blvd NEAlbuquerque, NM 87109
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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Montogmery Park, Albuquerque, NM Local Guide

Cheapest Available Montogmery Park Apartments for Rent

 

The cheapest available apartment rental in the Montogmery Park area of Albuquerque, NM is a Studio unit found at The Villas @ Uptown priced from $800. Encanto Lofts Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here are the most affordable Montogmery Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
The Villas @ UptownStudio ClassicStudio,1BA$800
Encanto Lofts ApartmentsAspen - One Bedroom One Bath1BR,1BA$835
Via Apartments2 bedroom 1 bathroom TC2BR,1BA$850
Casa Del Arroyo Apartments1bd/1ba1BR,1BA$895
Sedona RidgeZuni1BR,1BA$899
1/2 OFF FIRST MONTHS RENT0BR/1.0BAStudio,1BA$900
Montecito0BD, 1BTH Studio,1BA$905
Sunchase ApartmentsJr 1x11BR,1BA$905
Desert Creek ApartmentsThe SonoranStudio,1BA$914

Best Value Apartments for Rent in Montogmery Park, NM

As of April 12, 2026 the best value apartment in the Montogmery Park area is the $1.13 price per square foot Two Bedroom - Fully Remodeled Model at Pinon Terrace in the in the Northeast Quadrant neighborhood starting from $1,245. The second greatest value Montogmery Park apartment is the 2 bedroom 1 bathroom Renovated Model at Via Apartments starting at $1,325 with a $1.33 price per square foot in the North Valley neighborhood. Here is today’s list of the best values for Montogmery Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinon TerraceTwo Bedroom - Fully Remodeled2BR,1BA$1.13
Via Apartments2 bedroom 1 bathroom Renovated2BR,1BA$1.33
Mont 44 Apartments2 bedroom 2 bath Renovated MKT2BR,1BA$1.45
Theta ApartmentsKaloDuo2BR,2BA$1.20
Uptown Square1x1_8241BR,1BA$1.45
3513 Tulane Drive Northeast, Unit Apt 43513 Tulane Drive Northeast2BR,1BA$1.07
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Sunset PointeSM1X11BR,1BA$1.45
Woodberry Heights1x1C1BR,1BA$1.45
Casa Del Arroyo Apartments1bd/1ba1BR,1BA$1.43

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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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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States and customized analysis for East Albuquerque. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, features that make it easier to raise kids, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Montogmery Park Apartments

What is a cheap apartment in Montogmery Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montogmery Park is under $914.

What is the price of a cheap apartment in Montogmery Park?

The cheapest apartment in Montogmery Park is Encanto Lofts Apartments which is listed at $835, while the average apartment in Montogmery Park costs $2,400.

What types of apartments are the cheapest in Montogmery Park?

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 45 regular apartments in Montogmery Park 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 Montogmery Park?

Cheap apartments in Montogmery Park have an average cost of $352 which is $2,048 cheaper than the average rent for all rentals in Montogmery Park.

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.