Cheap Apartments for Rent in the Montgomery Plaza Neighborhood of Albuquerque, NM from $600 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Montgomery Plaza area of Albuquerque.

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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included
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Montgomery Plaza, Albuquerque, NM Local Guide

Cheapest Available Montgomery Plaza Apartments for Rent

 

The cheapest available apartment rental in the Montgomery Plaza area of Albuquerque, NM is a Studio unit found at Desert Creek Apartments priced from $616. Encanto Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Montgomery Plaza apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$616
Encanto Lofts ApartmentsJuniper - Junior One Bedroom One BathStudio,1BA$749
Rock CreekStudioStudio,1BA$855
Comanche WellsS1Studio,1BA$859
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$860
Candlelight SquareSilver Sage1BR,1BA$865
MiloMadrid1BR,1BA$874
Via ApartmentsStudio TCStudio,1BA$901
Tesota MorningsideA1A1BR,1BA$915
Arroyo VistaOne Bedroom1BR,1BA$917

Best Value Apartments for Rent in Montgomery Plaza, NM

As of May 10, 2025 the best value apartment in the Montgomery Plaza area is the $1.41 price per square foot Four Bedroom Two Bath Model at Villa Esperanza in the in the Northwest Quadrant neighborhood starting from $1,586. The second greatest value Montgomery Plaza apartment is the 3 Bedroom 2 Bath Model at Sun Pointe Park Apartments starting at $1,275 with a $1.28 price per square foot in the North Valley neighborhood. Here is today’s list of the best values for Montgomery Plaza apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villa EsperanzaFour Bedroom Two Bath4BR,1BA$1.41
Sun Pointe Park Apartments3 Bedroom 2 Bath3BR,2BA$1.28
Oak Tree ParkElmhurst2BR,1BA$1.61
Canyon Crest2 Bedroom 2 Bathroom2BR,2BA$1.54
Arroyo VistaTwo Bedroom, Two Bath (A)2BR,2BA$1.40
Villas Del Cielo1 Bedroom1BR,1BA$1.45
Casa TierraA11BR,1BA$1.51
MiloMadrid Platinum1BR,1BA$1.38
Mont 44 Apartments1 bedroom, 1 bathroom Market1BR,1BA$1.37
North Park ApartmentsBirch1BR,1BA$1.54

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Montgomery Plaza, Albuquerque, NM

Ranked #52

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Montgomery Plaza, Albuquerque, NM

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Albuquerque. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, family-friendly amenities, raising pets, transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Montgomery Plaza Neighborhood in Albuquerque, NM

Walk Score®

57 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

34 / 100

Some Transit

A few nearby public transportation options

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 Montgomery Plaza Apartments

What is a cheap apartment in Montgomery Plaza?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montgomery Plaza is under $917.

What is the price of a cheap apartment in Montgomery Plaza?

The cheapest apartment in Montgomery Plaza is Encanto Lofts Apartments which is listed at $799, while the average apartment in Montgomery Plaza costs $2,100.

What types of apartments are the cheapest in Montgomery Plaza?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 59 regular apartments in Montgomery Plaza that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Montgomery Plaza?

Cheap apartments in Montgomery Plaza have an average cost of $321 which is $1,779 cheaper than the average rent for all rentals in Montgomery Plaza.

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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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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