Cheap Apartments for Rent in the Montgomery Plaza Neighborhood of Albuquerque, NM from $600 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Cheap Apartments in the Montgomery Plaza area of Albuquerque.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

close
View Me
San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included

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 $605. Encanto Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $779. 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$605
Encanto Lofts ApartmentsJuniper - Junior One Bedroom One BathStudio,1BA$779
Candlelight SquareDesert Willow1BR,1BA$845
Rock CreekStudioStudio,1BA$855
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$860
MiloMadrid1BR,1BA$861
Via ApartmentsStudio TCStudio,1BA$901
Arroyo VistaOne Bedroom1BR,1BA$917
Mont 44 Apartments1 bedroom Renovated MKT1BR,1BA$945
Chelsea Village ApartmentsKaloSolo1BR,1BA$950

Best Value Apartments for Rent in Montgomery Plaza, NM

As of May 06, 2025 the best value apartment in the Montgomery Plaza area is the $1.28 price per square foot 3 Bedroom 2 Bath Model at Sun Pointe Park Apartments in the in the North Valley neighborhood starting from $1,275. The second greatest value Montgomery Plaza apartment is the KaloSolo-Premium Model at Theta Apartments starting at $995 with a $1.11 price per square foot in the Northwest Quadrant 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.
Sun Pointe Park Apartments3 Bedroom 2 Bath3BR,2BA$1.28
Theta ApartmentsKaloSolo-Premium1BR,1BA$1.11
Norte Villas ApartmentsTwo Bedroom One Bath - 827 Sq Ft2BR,1BA$1.39
Villa EsperanzaTwo Bedroom One and a Half Bath2BR,1BA$1.37
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
MiloMadrid Platinum1BR,1BA$1.37
Mont 44 Apartments1 bedroom Renovated MKT1BR,1BA$1.32
North Park ApartmentsBirch1BR,1BA$1.54

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Montgomery Plaza, Albuquerque, NM

Ranked #57

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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

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 $950.

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 52 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 $294 which is $1,806 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.

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

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.