
Cheap Homes for Rent in the Fair Heights Neighborhood of Albuquerque, NM from $695 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Fair Heights area of Albuquerque.


520 Indiana St SE

511 Mesilla St SE, Unit C

105 General Arnold St NE

636 640

116 Dallas St SE, Unit C
Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers
Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

420 Vermont St NE, Unit A4

127 General Arnold St NE

525 Mesilla St SE

148 General Arnold St NE

627 Chama St SE

541 Palomas Dr SE
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

8200 Copper Ave NE

423 Dallas St SE

419 Dallas St SE

420 Rhode Island St SE

230 Espanola St NE

720 Truman St NE
Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.
Fair Heights, Albuquerque, NM Local Guide

How much does it cost to rent a home in Fair Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fair Heights 2 Bedroom Homes for Rent | $1,680 | $900 | $3,500 |
| Fair Heights 3 Bedroom Homes for Rent | $2,624 | $1,500 | $7,000 |
| Fair Heights 4 Bedroom Homes for Rent | $2,170 | $1,850 | $2,700 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Fair Heights Neighborhood of Albuquerque, NM.
Explore Albuquerque
Fair Heights, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Fair Heights Apartments for Rent
 The cheapest available apartment rental in the Fair Heights area of Albuquerque, NM is a 1 Bed unit found at 501 Texas Street NE priced from $695. 332 Grove St SE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Fair Heights apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 501 Texas Street NE | 1BR/1.0BA | 1BR,1BA | $695 |
| 332 Grove St SE | 1 Beds, 1 Baths | 1BR,1BA | $695 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
| Nova Ridge | S1 | Studio,1BA | $725 |
| Nova Point Gated Community | 0/1 | Studio,1BA | $775 |
Best Value Apartments for Rent in Fair Heights, NM
As of August 25, 2026 the best value apartment in the Fair Heights area is the $1.08 price per square foot Three Bedroom Two Bath Model at Aspen Ridge in the in the South San Pedro neighborhood starting from $1,184. The second greatest value Fair Heights apartment is the 3 bed/ 1 bath Model at 328 Rhode Island (New) St NE starting at $1,199 with a $1.26 price per square foot in the Towne Park neighborhood. Here is today’s list of the best values for Fair Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aspen Ridge | Three Bedroom Two Bath | 3BR,2BA | $1.08 |
| 328 Rhode Island (New) St NE | 3 bed/ 1 bath | 3BR,1BA | $1.26 |
| 919-923 Alvarado | 2BR/1.0BA | 2BR,1BA | $1.13 |
| Sandia Shadows | 2bd/2ba | 2BR,2BA | $1.26 |
| Gracey's Nation - Palomas Community | 2 Bed, 1 Bath | 2BR,1BA | $1.23 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.28 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| Tennessee Street | 2 Beds, 1 Baths | 2BR,1BA | $1.19 |
| 332 Grove St SE | 1 Beds, 1 Baths | 1BR,1BA | $1.16 |
| 501 Texas Street NE | 1BR/1.0BA | 1BR,1BA | $1.21 |
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleFair Heights, Albuquerque, NM
Ranked #59
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Fair Heights, Albuquerque, NM
School data provided by Great Schools
Frequently Asked Questions about Fair Heights
What type of rentals are currently available in Fair Heights?
There are currently 606 Apartments for Rent in Fair Heights, NM with pricing that ranges from $650 to $4,276. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fair Heights ranging from $695 to $7,000.
What is the current price range for Rental Homes in Fair Heights?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fair Heights ranges from $695 to $7,000 with an average monthly rent of $1,948.
Expert Rental Resources
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.
Helpful Local Expert Guides

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.

Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

A Local Expert's Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.