
Cheap Homes for Rent in Monument, NM from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Monument.


1130 Gary Terrace

1102 Gary Terrace

309 N Halagueno St

343 W Taos Ave

3910 Englewood Cir

907 W 26th St

907 W 26th St
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.
Monument, NM Local Guide

How much does it cost to rent a home in Monument?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monument 2 Bedroom Homes for Rent | $1,415 | $1,099 | $1,600 |
Monument 3 Bedroom Homes for Rent | $2,730 | $1,900 | $3,900 |
Monument 4 Bedroom Homes for Rent | $3,700 | $2,500 | $4,500 |
Monument 5 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Browse Top Homes for Rent in Monument
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Monument, NM Local Guide
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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. Westwood Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Monument apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Ranch at Andrews | Efficiency West Remodeled | Studio,1BA | $815 |
Westwood Square | One Bedroom Apartment Home | 1BR,1BA | $899 |
High Plains | A1 | 1BR,1BA | $899 |
Best Value Apartments for Rent in Monument, NM and Nearby
As of April 25, 2025 the best value apartment in the Monument area is the $1.13 price per square foot Unfurnished Model at Summerwind Terrace Townhomes in the starting from $1,245. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Summerwind Terrace Townhomes | Unfurnished | 2BR,1.5BA | $1.13 |
Sorrento Villas | 2x2 (1088sf) B3 | 2BR,2BA | $1.49 |
Woodview | 2 Bedroom Apartment Home | 2BR,2BA | $1.46 |
Brady Station Apartments | The Vienna | 2BR,2BA | $1.24 |
Riverwood | A1 | 1BR,1BA | $1.58 |
Westwood Square | One Bedroom Apartment Home | 1BR,1BA | $1.24 |
Vista del Sol | One Bedroom | 1BR,1BA | $1.53 |
Cielo Vista | A1 | 1BR,1BA | $1.57 |
Yucca Flats Apartments | One Bedroom | 1BR,1BA | $1.43 |
Woodleaf - FREE Utilities | One Bedroom | 1BR,1BA | $1.53 |
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Frequently Asked Questions about Monument
What type of rentals are currently available in Monument?
There are currently 32 Apartments for Rent in Monument, NM with pricing that ranges from $324 to $5,060. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monument ranging from $750 to $4,500.
What is the current price range for Rental Homes in Monument?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monument ranges from $750 to $4,500 with an average monthly rent of $1,999.
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 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.

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.