
Cheap Homes for Rent in the Fair Heights Neighborhood of Albuquerque, NM from $600 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Fair Heights area of Albuquerque.


332 Grove St SE

121 General Arnold St NE, Unit B copy

121 General Arnold St NE, Unit B

20 Chama St NE

825 Palomas Dr SE

520 Indiana St SE
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

511 Mesilla St SE, Unit C

541 Palomas Dr SE

209 Texas St NE, Unit B

310 Charleston St SE

105 General Arnold St NE

148 General Arnold St NE

121 General Arnold St NE, Unit A
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.

4227 Brockmont Ave NE, Unit 4227 Brockmont Ave NE

423 Dallas St SE

8200 Copper Ave NE

419 Dallas St SE

420 Rhode Island St SE

3434 Smith Ave SE

1601 Pennsylvania St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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 | $1,749 | $950 | $4,200 |
| Fair Heights 3 Bedroom Homes for Rent | $2,737 | $1,975 | $7,000 |
| Fair Heights 4 Bedroom Homes for Rent | $1,857 | $800 | $2,300 |
| Fair Heights 5 Bedroom Homes for Rent | $2,395 | $2,395 | $2,395 |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Fair Heights Neighborhood of Albuquerque, NM.
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Fair Heights, Albuquerque, NM Local Guide
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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 332 Grove St SE priced from $695. White Oak Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Fair Heights apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 332 Grove St SE | 1 Beds, 1 Baths | 1BR,1BA | $695 |
| White Oak Apartments | Casa Del Rey Oeste | 1BR,1BA | $699 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
| Nova Ridge | S1 | Studio,1BA | $725 |
| Encanto Lofts Apartments | Juniper - Studio + Den | Studio,1BA | $764 |
Best Value Apartments for Rent in Fair Heights, NM
As of July 11, 2026 the best value apartment in the Fair Heights area is the $1.08 price per square foot Four Bedroom Two Bath Model at Aspen Ridge in the in the South San Pedro neighborhood starting from $1,311. The second greatest value Fair Heights apartment is the 2 Beds, 1 Baths Model at 433-437 Louisiana Blvd SE starting at $850 with a $0.89 price per square foot in the South San Pedro 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 | Four Bedroom Two Bath | 4BR,2BA | $1.08 |
| 433-437 Louisiana Blvd SE | 2 Beds, 1 Baths | 2BR,1BA | $0.89 |
| 328 Rhode Island (New) St NE | 3 bed/ 1 bath | 3BR,1BA | $1.29 |
| Sandia Shadows | 2bd/2ba | 2BR,2BA | $1.26 |
| Gracey's Nation - Palomas Community | 2 Bed, 1 Bath | 2BR,1BA | $1.23 |
| 308 Virginia St NE | 2 Beds, 1 Baths | 2BR,1BA | $1.21 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| Tennessee Street | 2 Beds, 1 Baths | 2BR,1BA | $1.19 |
| Modern Apartments with Great Amenities | 1 bed 1bath | 1BR,1BA | $1.31 |
| 332 Grove St SE | 1 Beds, 1 Baths | 1BR,1BA | $1.16 |
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 #70
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 604 Apartments for Rent in Fair Heights, NM with pricing that ranges from $716 to $2,600. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fair Heights ranging from $650 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 $650 to $7,000 with an average monthly rent of $1,809.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.