Cheap Apartments for Rent in Monument, NM from $300 (13 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

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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 Studio unit found at The Ranch at Andrews priced from $815. 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
The Ranch at AndrewsEfficiency West RemodeledStudio,1BA$815
Sunset1 Bedroom Apartment Home1BR,1BA$945
Yucca Flats ApartmentsOne Bedroom1BR,1BA$999
High PlainsA11BR,1BA$1,005
Woodview1 Bedroom Apartment Home1BR,1BA$1,055

Best Value Apartments for Rent in Monument, NM and Nearby

As of June 19, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Summerwind Terrace TownhomesUnfurnished2BR,1.5BA$1.18
Sorrento Villas2x2 (1088sf) B32BR,2BA$1.49
Tia MariaTwo Bedroom2BR,1BA$1.22
RiverwoodA11BR,1BA$1.58
Vista del SolOne Bedroom1BR,1BA$1.53
Brady Station ApartmentsThe Hamilton1BR,1BA$1.56
High PlainsA21BR,1BA$1.69
Cielo VistaA11BR,1BA$1.57
Yucca Flats ApartmentsOne Bedroom1BR,1BA$1.43
Sunset1 Bedroom Apartment Home1BR,1BA$1.75

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

Explore Monument, NM Rentals by Map

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See the most popular apartments and homes in Monument, NM

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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 $945 at Sunset.

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 $1,075 at Brady Station Apartments.

What is the most affordable Monument Three Bedroom Apartment?

The best deal on a cheap Monument Three Bedroom Apartment rental is at Vista Del Rio-FREE Utilities and starts from $1,500.

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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.