
Cheap Homes for Rent in Montezuma, NM from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Montezuma.


409 River Rd

12205 Eric Ct NE

300 S 5th St
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.

2800 Cerrillos Rd

310 Staab St

447986678 Cerrillos Rd

726 W Manhattan Ave
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 a home in Montezuma?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montezuma 2 Bedroom Homes for Rent | $2,038 | $950 | $3,695 |
| Montezuma 3 Bedroom Homes for Rent | $2,814 | $1,025 | $4,000 |
| Montezuma 4 Bedroom Homes for Rent | $4,450 | $3,350 | $7,000 |
Browse Top Homes for Rent in Montezuma
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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. Cresta Ranch Apartments in the Tiempo Lindo neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $738. 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 |
| Cresta Ranch Apartments | Two Bedroom - 30% AMI | 2BR,2BA | $738 |
| Ochenta Apartments | 2 Bedrooms | 2BR,1BA | $739 |
Best Value Apartments for Rent in Montezuma, NM and Nearby
As of June 20, 2026 the best value apartment in the Montezuma area is the $1.71 price per square foot 2x2ArT1 - 2X2 Renovated Model at Local 1896 in the in the Pueblos Del Sol neighborhood starting from $1,800. The second greatest value Montezuma apartment is the 2 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $1,699 with a $1.67 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. |
|---|---|---|---|
| Local 1896 | 2x2ArT1 - 2X2 Renovated | 2BR,2BA | $1.71 |
| The Bluffs at Tierra Contenta | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.67 |
| Allegro at Tanoan | 2 Bedroom 2 Bath | 2BR,2BA | $1.70 |
| El Cerrito | 2 BR | 2BR,1BA | $0.77 |
| Allaso High Desert | TA1 | 1BR,1BA | $2.00 |
| Artista | 3x2 | 3BR,2BA | $1.84 |
| Ochenta Apartments | 2 Bedrooms | 2BR,1BA | $0.97 |
| Tierra Montosa | 1 Bedroom | 1BR,1BA | $0.49 |
| Copper Hills | 1x1 | 1BR,1BA | $1.36 |
| CIBOLA VILLAGE | A1 | 1BR,1BA | $1.93 |
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!
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Frequently Asked Questions about Montezuma
What type of rentals are currently available in Montezuma?
There are currently 45 Apartments for Rent in Montezuma, NM with pricing that ranges from $491 to $4,624. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montezuma ranging from $950 to $7,000.
What is the current price range for Rental Homes in Montezuma?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Montezuma ranges from $950 to $7,000 with an average monthly rent of $2,592.
How much are larger Three and Four Bedroom Rentals in Montezuma?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Montezuma range from $853 to $4,624, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,025 to $4,000. Four Bedroom Single-Family rentals are also available starting from $3,350 and Four Bedroom Apartments start at $2,624.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.