Montelupo Albese is a comune (municipality) in the Province of Cuneo in the Italian region Piedmont, located about 60 km southeast of Turin and about 45 km northeast of Cuneo. As of 31 December 2004, it had a population of 494 and an area of 6.4 km².

Montelupo Albese borders the following municipalities: Diano d'Alba, Rodello, Serralunga d'Alba, and Sinio.