Cheap Apartments for Rent in the University Heights Neighborhood of Albuquerque, NM from $400 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University Heights area of Albuquerque.

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University South
Studio Apartments

University South

424 Columbia Dr SEAlbuquerque, NM 87106

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.

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Princeton Apartments
2 Bedroom Apartments

Princeton Apartments

408 Princeton Dr SEAlbuquerque, NM 87106
  • Utilities Included
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Zodiac Apartments
2 Bedroom Apartments

Zodiac Apartments

419 Vassar Dr SEAlbuquerque, NM 87106
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Columbia West Apartments
Studio to 1 Bedroom Apartments

Columbia West Apartments

209 Columbia Dr SEAlbuquerque, NM 87106
Student Housing
  • Utilities Included
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Columbia Apartments
1 to 2 Bedroom Apartments

Columbia Apartments

205-209 Columbia Dr SEAlbuquerque, NM 87106
  • Utilities Included
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402 Cornell Dr SE
2 Bedroom Apartments

402 Cornell Dr SE

402-404 Cornell Dr SEAlbuquerque, NM 87106
  • Utilities Included

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.

Cheapest Available University Heights Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Zodiac Apartments2BR/1.0BA2BR,1BA$1,100
Four Seasons2br apartment corner unit2BR,1BA$1,100

Best Value Apartments for Rent in University Heights, NM

As of April 27, 2026 the best value apartment in the University Heights area is the $1.10 price per square foot 2br apartment corner unit Model at Four Seasons in the in the Southeast Quadrant neighborhood starting from $1,100. The second greatest value University Heights apartment is the 417 Princeton Dr. SE Model at 417 Princeton Dr. SE, Unit "B" starting at $1,200 with a $1.33 price per square foot in the Southeast Quadrant neighborhood. Here is today’s list of the best values for University Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Four Seasons2br apartment corner unit2BR,1BA$1.10
417 Princeton Dr. SE, Unit "B"417 Princeton Dr. SE1BR,1BA$1.33
Zodiac Apartments2BR/1.0BA2BR,1BA$1.57
417 Princeton Dr SE, Unit A417 Princeton Dr SE1BR,1BA$1.71
412 Columbia Dr SE, Unit A412 Columbia Dr SE1BR,1BA$1.81

Frequently Asked Questions about Cheap University Heights Apartments

What is the lowest price for a Cheap Two Bedroom University Heights Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in University Heights is starting from $1,100 at Zodiac Apartments.

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.

Articles, How-To's, and Tips

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

A Local Experts 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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.