
Cheap Apartments for Rent near Montezuma, NM from $353 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Montezuma.


Loma Parda 55+

Ochenta Apartments

El Cerrito

Myrtle Apartments - All Utilities Included

Santa Fe Suites

Casitas Del Bella

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Copper Hills

Vista Alegre Apartments

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Local 1896
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Elevate at Oslo

Total Monthly Price
CIBOLA VILLAGE

Evergreen Apartments

Rancho Carrera Apartments

Allegro at Tanoan

Talavera Apartment Homes

Vizcaya

Dakota Canyon

Artista

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The Mica
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Cresta Ranch

Canyon Walk Income Restricted

Altezza High Desert

219 Railroad Ave

Cielo Luxury Living Apartments

Presidium Casa Siena

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Turquesa

Camino Real Apartments

Soleras Station

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South Meadows
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Solwyn

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Arcadia

The Bluffs at Tierra Contenta

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Madera Apartments

Altitude at Vizcaya

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Allaso High Desert

Art House Apartments

1011 Calle De Suenos

409 River Rd

Sierra Blanca Senior Living
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.

Casa Loma Apartments

Vista Linda

San Isidro - Washer/Dryer Included

1307 Rufina Ln

601 W San Mateo Rd

Acequia Lofts

808 Agua Fria St

749 Alto St

723 B Gildersleeve St

95 Paseo Nopal
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.
Montezuma, NM Local Guide

How much does it cost to rent an apartment in Montezuma?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montezuma Studio Apartments | $1,232 | $900 | $2,183 |
| Montezuma 1 Bedroom Apartments | $1,666 | $491 | $2,958 |
| Montezuma 2 Bedroom Apartments | $2,067 | $582 | $4,196 |
| Montezuma 3 Bedroom Apartments | $2,508 | $1,658 | $4,319 |
| Montezuma 4 Bedroom Apartments | $2,476 | $2,350 | $2,639 |
Browse Top Apartments in Montezuma
See all Apartments in MontezumaExplore Montezuma
Montezuma, NM Local Guide
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Cheapest Available Montezuma Apartments for Rent and Nearby
 The cheapest available apartment rental in Montezuma, NM is a 1 Bed unit found at Tierra Montosa priced from $353. Ochenta Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $739. Here is today’s list of the most affordable Montezuma apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tierra Montosa | 1 Bedroom | 1BR,1BA | $353 |
| Ochenta Apartments | 2 Bedrooms | 2BR,1BA | $739 |
| El Cerrito | 2 BR | 2BR,1BA | $749 |
| Santa Fe Suites | Studio | Studio,1BA | $900 |
| Myrtle Apartments - All Utilities Included | Studio | Studio,1BA | $900 |
| Casitas Del Bella | Efficiency w/ stove top | Studio,1BA | $925 |
| Copper Hills | 1x1 | 1BR,1BA | $1,049 |
| Sierra Blanca Senior Living | Studio | Studio,1BA | $1,100 |
| Vista Alegre Apartments | Studio, 1 Bath | Studio,1BA | $1,178 |
| Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $1,186 |
Best Value Apartments for Rent in Montezuma, NM and Nearby
As of August 25, 2026 the best value apartment in the Montezuma area is the $1.89 price per square foot San Juan Model at South Meadows in the in the Pueblos Del Sol neighborhood starting from $2,526. The second greatest value Montezuma apartment is the 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $2,350 with a $1.78 price per square foot in the Tiempo Lindo neighborhood. Here is today’s list of the best values for Montezuma apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| South Meadows | San Juan | 3BR,2BA | $1.89 |
| The Bluffs at Tierra Contenta | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.78 |
| Cresta Ranch | Three Bedroom - 70% AMI | 3BR,2BA | $1.74 |
| Cielo Luxury Living Apartments | Two Bedroom | 2BR,2BA | $1.83 |
| El Cerrito | 2 BR | 2BR,1BA | $0.77 |
| Local 1896 | 2x1AR1T2 - 2X1 Renovated | 2BR,1BA | $1.71 |
| Ochenta Apartments | 2 Bedrooms | 2BR,1BA | $0.97 |
| Allegro at Tanoan | 1 Bedroom 1 Bath | 1BR,1BA | $1.65 |
| Tierra Montosa | 1 Bedroom | 1BR,1BA | $0.49 |
| Copper Hills | 1x1 | 1BR,1BA | $1.50 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Montezuma, NM Rentals by Map
See the most popular apartments and homes in Montezuma, NM
Frequently Asked Questions about Cheap Montezuma Apartments
What is the Cheapest Studio apartment in Montezuma?
Currently the most affordable Cheap Studio Apartment in Montezuma is at Santa Fe Suites listed at $900.
How much is rent for a Cheap One Bedroom Montezuma Apartment?
The lowest price for a Cheap One Bedroom Montezuma Apartment is $353 at Tierra Montosa.
What is the lowest price for a Cheap Two Bedroom Montezuma Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Montezuma is starting from $739 at Ochenta Apartments.
What is the most affordable Montezuma Three Bedroom Apartment?
The best deal on a cheap Montezuma Three Bedroom Apartment rental is at Cresta Ranch and starts from $1,658.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.