
Cheap Apartments for Rent in Monument, NM from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Monument.


Quail Run

Brady Station Apartments

Jefferson House Apartments
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.

The Ranch at Andrews

Park Place

Woodleaf - FREE Utilities

Sunset

Cimarron Place Apartments
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.

Woodview

Yucca Flats Apartments

901 11th St

700 N Leech St
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.

511 W Bonbright St

500 E Stanolind Rd
Monument, NM Local Guide

How much does it cost to rent an apartment in Monument?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monument Studio Apartments | $828 | $770 | $865 |
Monument 1 Bedroom Apartments | $1,145 | $324 | $10,000+ |
Monument 2 Bedroom Apartments | $1,428 | $383 | $2,299 |
Monument 3 Bedroom Apartments | $1,824 | $438 | $2,570 |
Browse Top Apartments in Monument
See all Apartments in MonumentExplore Monument
Monument, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Monument Apartments for Rent and Nearby
 The cheapest available apartment rental in Monument, NM is a 1 Bed unit found at The Ranch at Andrews priced from $840. Jefferson House Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. Here is today’s list of the most affordable Monument apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Ranch at Andrews | Updated Efficiency East | 1BR,1BA | $840 |
Jefferson House Apartments | One Bedroom One Bath | 1BR,1BA | $870 |
Brady Station Apartments | The Barcroft | 1BR,1BA | $870 |
Sunset | 1 Bedroom Apartment Home | 1BR,1BA | $875 |
Westwood Square | One Bedroom Apartment Home | 1BR,1BA | $924 |
Best Value Apartments for Rent in Monument, NM and Nearby
As of September 15, 2025 the best value apartment in the Monument area is the $1.18 price per square foot Unfurnished Model at Summerwind Terrace Townhomes in the starting from $1,295. The second greatest value Monument apartment is the 2x2 (1088sf) B3 Model at Sorrento Villas starting at $1,625 with a $1.49 price per square foot . Here is today’s list of the best values for Monument apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Summerwind Terrace Townhomes | Unfurnished | 2BR,1.5BA | $1.18 |
Sorrento Villas | 2x2 (1088sf) B3 | 2BR,2BA | $1.49 |
Riverwood | B1 | 2BR,1.5BA | $1.37 |
Tia Maria | Two Bedroom | 2BR,1BA | $1.22 |
Westwood Square | One Bedroom Apartment Home | 1BR,1BA | $1.27 |
Vista del Sol | One Bedroom | 1BR,1BA | $1.53 |
Brady Station Apartments | The Hamilton | 1BR,1BA | $1.59 |
Yucca Flats Apartments | One Bedroom | 1BR,1BA | $1.43 |
Brookview | 1 Bedroom Apartment Home | 1BR,1BA | $1.60 |
Sunset | 1 Bedroom Apartment Home | 1BR,1BA | $1.62 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monument, NM Rentals by Map
See the most popular apartments and homes in Monument, NM
Getting Around Monument, NM
Bike Score®
25 / 100
Somewhat Bikeable
Minimal bike infrastructure
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 Monument Apartments
How much is rent for a Cheap One Bedroom Monument Apartment?
The lowest price for a Cheap One Bedroom Monument Apartment is $840 at The Ranch at Andrews.
What is the lowest price for a Cheap Two Bedroom Monument Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monument is starting from $970 at Jefferson House Apartments.
What is the most affordable Monument Three Bedroom Apartment?
The best deal on a cheap Monument Three Bedroom Apartment rental is at Windscape Apartments and starts from $1,424.
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.

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.