Cheap Apartments for Rent in Monument, NM from $300 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monument.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Monument, NM Local Guide

Cheapest Available Monument Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monument, NM is a 1 Bed unit found at Westwood Square priced from $924. Sunset has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here is today’s list of the most affordable Monument apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westwood SquareOne Bedroom Apartment Home1BR,1BA$924
Sunset1 Bedroom Apartment Home1BR,1BA$945
The Ranch at AndrewsWest 1/1 Remdoled1BR,1BA$965

Best Value Apartments for Rent in Monument, NM and Nearby

As of July 30, 2025 the best value apartment in the Monument area is the $1.49 price per square foot C2 Model at Oak Manor Villas in the starting from $2,199. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Oak Manor VillasC23BR,2.5BA$1.49
Summerwind Terrace TownhomesUnfurnished2BR,1.5BA$1.18
Sorrento Villas2x2 (1088sf) B32BR,2BA$1.49
Cimarron Place ApartmentsD2BR,2BA$1.34
Tia MariaTwo Bedroom2BR,1BA$1.22
Westwood SquareOne Bedroom Apartment Home1BR,1BA$1.27
Vista del SolOne Bedroom1BR,1BA$1.53
Yucca Flats ApartmentsOne Bedroom1BR,1BA$1.43
Brookview1 Bedroom Apartment Home1BR,1BA$1.60
The Ranch at AndrewsVillas 1/1 remodeled1BR,1BA$1.66

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monument, NM Rentals by Map

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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 $924 at Westwood Square.

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 $1,000 at Woodview.

What is the most affordable Monument Three Bedroom Apartment?

The best deal on a cheap Monument Three Bedroom Apartment rental is at Brookview and starts from $1,489.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

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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.

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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.