
Cheap Apartments for Rent in Monticello, NM from $600 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Monticello.


Mountain Springs Pointe

Three Sisters Apts - Income Restrictions

Colony Mesa Apartments

Sun Ridge Village

OMNI-Centre Square

Regency Pointe Apartments

Telshor Terrace Apartments

Woodcrest Apartments

Country Crest Apartment Homes

Park Place

915 S Platinum Ave

6345 N Dona Ana Rd
Monticello, NM Local Guide

How much does it cost to rent an apartment in Monticello?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monticello Studio Apartments | $712 | $650 | $775 |
Monticello 1 Bedroom Apartments | $1,164 | $700 | $2,050 |
Monticello 2 Bedroom Apartments | $1,439 | $730 | $2,550 |
Monticello 3 Bedroom Apartments | $1,670 | $640 | $2,850 |
Browse Top Apartments in Monticello
See all Apartments in MonticelloExplore Monticello
Monticello, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Monticello Apartments for Rent and Nearby
The cheapest available apartment rental in Monticello, NM is a Studio unit found at Casitas at 805 N 17Th St. in the Downtown Las Cruces neighborhood priced from $725. Mountain Springs Pointe in the Downtown Las Cruces neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Monticello apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Casitas at 805 N 17Th St. | Studio | Studio,1BA | $725 |
Mountain Springs Pointe | 1 Bedroom | 1BR,1BA | $750 |
Three Sisters Apts - Income Restrictions | One Bedroom | 1BR,1BA | $755 |
1655 S Main | Contemporary | 1BR,1BA | $795 |
Sun Ridge Village | 1 Bedroom - Small | 1BR,1BA | $800 |
Best Value Apartments for Rent in Monticello, NM and Nearby
As of April 16, 2025 the best value apartment in the Monticello area is the $0.87 price per square foot 2 bedroom 1.5 bath townhome - Colony Garden Model at Colony Mesa Apartments in the in the Downtown Las Cruces neighborhood starting from $1,025. The second greatest value Monticello apartment is the 2 Bedroom Model at Alexis Apartments starting at $1,145 with a $1.12 price per square foot . Here is today’s list of the best values for Monticello apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Colony Mesa Apartments | 2 bedroom 1.5 bath townhome - Colony Garden | 2BR,1.5BA | $0.87 |
Alexis Apartments | 2 Bedroom | 2BR,2BA | $1.12 |
Casa Bandera | B1 | 2BR,2BA | $1.33 |
The Pavilions at South Fork | The Venetian | 1BR,1BA | $1.30 |
700 California Ave | 2 Bedroom | 2BR,1BA | $1.17 |
Verge at Las Cruces | 2BR/2BA | 2BR,2BA | $0.88 |
Regency Pointe Apartments | The Ambassador | 1BR,1BA | $1.13 |
Woodcrest Apartments | 1 Bedroom | 1BR,1BA | $1.28 |
Sierra Verde | La Sierra | 1BR,1BA | $1.30 |
Three Sisters Apts - Income Restrictions | One Bedroom | 1BR,1BA | $1.30 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monticello, NM Rentals by Map
See the most popular apartments and homes in Monticello, NM
Frequently Asked Questions about Cheap Monticello Apartments
How much is rent for a Cheap One Bedroom Monticello Apartment?
The lowest price for a Cheap One Bedroom Monticello Apartment is $750 at Mountain Springs Pointe.
What is the lowest price for a Cheap Two Bedroom Monticello Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monticello is starting from $875 at Colony Mesa Apartments.
What is the most affordable Monticello Three Bedroom Apartment?
The best deal on a cheap Monticello Three Bedroom Apartment rental is at Sierra Verde and starts from $1,075.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords & 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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.