Cheap Apartments for Rent in the Montogmery Park Neighborhood of Albuquerque, NM from $500 (30 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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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
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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 $578. 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 ApartmentsSRO-Sleeping room onlyStudio,1BA$578
The Villas @ UptownStudio UpgradeStudio,1BA$700
Encanto Lofts ApartmentsAspen - One Bedroom One Bath1BR,1BA$774
Candlelight SquareDesert Willow1BR,1BA$823
Cedars - Free Cable & Internet*Yucca1BR,1BA$850
Rock CreekStudioStudio,1BA$855
San Pedro VillageAcoma StudioStudio,1BA$855
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$860
Villas de la TerrazaStudioStudio,1BA$924
Cloverleaf ApartmentsFurnished StudioStudio,1BA$950

Best Value Apartments for Rent in Montogmery Park, NM

As of July 08, 2025 the best value apartment in the Montogmery Park area is the $1.41 price per square foot Four Bedroom Two Bath Model at Villa Esperanza in the in the Northwest Quadrant neighborhood starting from $1,586. The second greatest value Montogmery Park apartment is the B2 Model at Casa Tierra starting at $1,531 with a $1.46 price per square foot in the Baloon Fiesta Park 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.
Villa EsperanzaFour Bedroom Two Bath4BR,1BA$1.41
Casa TierraB22BR,2BA$1.46
NortheasternTwo Bedroom, Two Bath2BR,2BA$1.33
Via Apartments2 bedroom 1 bathroom Renovated2BR,1BA$1.33
Pinon TerraceOne Bedroom - Fully Remodeled1BR,1BA$1.37
Arroyo VistaTwo Bedroom, Two Bath (A)2BR,2BA$1.48
Villas Del Cielo1 Bedroom1BR,1BA$1.45
MiloMadrid Platinum1BR,1BA$1.43
Candlelight SquareDesert Willow1BR,1BA$1.29
Canyon Crest0 Bedroom 1 BathroomStudio ,1BA$1.53

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Pet Friendly Lifestyle
Montogmery Park, Albuquerque, NM

Ranked #26

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Montogmery Park, Albuquerque, NM

School data provided by Great Schools

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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $950.

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 $774, while the average apartment in Montogmery Park costs $1,591.

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 $538 which is $1,053 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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.