Cheap Apartments for Rent in the Montogmery Park Neighborhood of Albuquerque, NM from $500 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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
The Villas @ Uptown
Studio to 3 Bedroom Apartments

The Villas @ Uptown

6230 Indian School Rd NEAlbuquerque, NM 87110
close
View Me
San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included

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.

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 Desert Creek Apartments priced from $699. The Villas @ Uptown has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Montogmery Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsThe SonoranStudio,1BA$699
The Villas @ UptownStudio ClassicStudio,1BA$700
Encanto Lofts ApartmentsYucca - StudioStudio,1BA$729
Comanche WellsS1Studio,1BA$813
Rock CreekStudioStudio,1BA$845

Best Value Apartments for Rent in Montogmery Park, NM

As of October 18, 2025 the best value apartment in the Montogmery Park area is the $1.13 price per square foot 2 Bedroom 2 Bathroom Model at Canyon Crest in the in the Northeast Quadrant neighborhood starting from $1,234. The second greatest value Montogmery Park apartment is the Two Bedroom, Two Bath Model at Northeastern starting at $1,395 with a $1.33 price per square foot in the Northeast Quadrant 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.
Canyon Crest2 Bedroom 2 Bathroom2BR,2BA$1.13
NortheasternTwo Bedroom, Two Bath2BR,2BA$1.33
Woodberry Heights2x12BR,1BA$1.33
Theta ApartmentsKaloDuo2BR,2BA$1.24
Pinon TerraceOne Bedroom - Fully Remodeled1BR,1BA$1.37
Villas Del Cielo1 Bedroom1BR,1BA$1.28
MiloMadrid Platinum1BR,1BA$1.32
Arroyo VistaOne Bedroom1BR,1BA$1.34
Via Apartments1 bedroom 1 bathroom TC1BR,1BA$1.34
Academy Heights Apartments1 Bedr / 1 Bath1BR,1BA$1.44

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

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.

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

Pet Friendly Lifestyle
Montogmery Park, Albuquerque, NM

Ranked #13

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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!

Getting Around the Montogmery Park Neighborhood in Albuquerque, NM

Walk Score®

78 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

76 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

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 $985.

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 $799, while the average apartment in Montogmery Park costs $1,500.

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 20 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 $493 which is $1,007 cheaper than the average rent for all rentals in Montogmery Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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 How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.