
Cheap Apartments for Rent in the University Heights Neighborhood of Albuquerque, NM from $400 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Heights area of Albuquerque.


Total Monthly Price
417 Princeton Dr SE, Unit A, Unit A

500-504 Princeton Dr SE

501 Columbia Dr SE

University South
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.

Princeton Apartments

Zodiac Apartments

Columbia West Apartments

Columbia Apartments

402 Cornell Dr SE
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.
University Heights, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in University Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Heights 1 Bedroom Apartments | $1,299 | $1,175 | $1,550 |
| University Heights 2 Bedroom Apartments | $1,311 | $1,100 | $1,550 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the University Heights Neighborhood of Albuquerque, NM.
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Cheapest Available University Heights Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Zodiac Apartments | 2BR/1.0BA | 2BR,1BA | $1,100 |
| Four Seasons | 2br apartment corner unit | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.10 |
| 417 Princeton Dr. SE, Unit "B" | 417 Princeton Dr. SE | 1BR,1BA | $1.33 |
| Zodiac Apartments | 2BR/1.0BA | 2BR,1BA | $1.57 |
| 417 Princeton Dr SE, Unit A | 417 Princeton Dr SE | 1BR,1BA | $1.71 |
| 412 Columbia Dr SE, Unit A | 412 Columbia Dr SE | 1BR,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

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.

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.

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.

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.