
Cheap Apartments for Rent in Monument, NM from $300 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Monument.


Quail Run

Jefferson House Apartments

The Ranch at Andrews

Park Place
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.

Woodleaf - FREE Utilities

506 S 4th St

901 11th St

700 N Leech St

1017 N Main Ave
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.
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 | $1,108 | $324 | $1,500 |
| Monument 2 Bedroom Apartments | $1,416 | $383 | $2,037 |
| Monument 3 Bedroom Apartments | $1,901 | $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 |
| Westwood Square | One Bedroom Apartment Home | 1BR,1BA | $924 |
Best Value Apartments for Rent in Monument, NM and Nearby
As of November 26, 2025 the best value apartment in the Monument area is the $0.93 price per square foot B1 Model at Cielo Vista in the starting from $1,299. The second greatest value Monument apartment is the Unfurnished Model at Summerwind Terrace Townhomes starting at $1,295 with a $1.18 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. |
|---|---|---|---|
| Cielo Vista | B1 | 2BR,1.5BA | $0.93 |
| Summerwind Terrace Townhomes | Unfurnished | 2BR,1.5BA | $1.18 |
| Pecos Vista | B2 | 2BR,2BA | $1.52 |
| Lovington Trails | Two Bedroom, Two Bath | 2BR,2BA | $1.40 |
| Tia Maria | Two Bedroom | 2BR,1BA | $1.22 |
| Woodleaf - FREE Utilities | Two Bedroom | 2BR,1BA | $1.46 |
| Westwood Square | One Bedroom Apartment Home | 1BR,1BA | $1.27 |
| High Plains | A2 | 1BR,1BA | $1.49 |
| Yucca Flats Apartments | One Bedroom | 1BR,1BA | $1.43 |
| Avenue Commons | One Bedroom | 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 ArticleThe 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 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 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 Avenue Commons and starts from $1,399.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.