Cheap Apartments for Rent in the University Heights Neighborhood of Albuquerque, NM from $400 (7 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Princeton Hall Apartments
Studio to 1 Bedroom Apartments

Princeton Hall Apartments

318-320 Princeton Dr SEAlbuquerque, NM 87106
  • Utilities Included
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Columbian Apartments
1 Bedroom Apartments

Columbian Apartments

208 Columbia Dr SEAlbuquerque, NM 87106
  • Utilities Included
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Kachina Apartments
1 Bedroom Apartments

Kachina Apartments

301 Harvard Dr SEAlbuquerque, NM 87106
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Columbia Apartments
1 to 2 Bedroom Apartments

Columbia Apartments

205-209 Columbia Dr SEAlbuquerque, NM 87106
  • Utilities Included

Cheapest Available University Heights Apartments for Rent

 

The cheapest available apartment rental in the University Heights area of Albuquerque, NM is a 1 Bed unit found at El Pueblo II Apartments priced from $716. Cedars - Free Cable & Internet* has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable University Heights apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
El Pueblo II Apartments1x11BR,1BA$716
Cedars - Free Cable & Internet*Yucca1BR,1BA$850
Don Quixote ApartmentsStudioStudio,1BA$865

Best Value Apartments for Rent in University Heights, NM

As of June 18, 2025 the best value apartment in the University Heights area is the $1.02 price per square foot Three Bedroom Two Bath Model at Aspen Ridge in the in the University Heights neighborhood starting from $1,123. The second greatest value University Heights apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,100 with a $1.10 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.
Aspen RidgeThree Bedroom Two Bath3BR,2BA$1.02
Four Seasons2br apartment corner unit2BR,1BA$1.10
Zodiac Apartments2BR/1.0BA2BR,1BA$1.71
El Pueblo II Apartments1x11BR,1BA$1.03
The French QuarterRenovated 1 x1 630 sqft. Going Quick, call to S...1BR,1BA$1.68
Q @ Nob HillDalea1BR,1BA$2.01
Cedars - Free Cable & Internet*Juniper1BR,1BA$1.79
Citadel - Free UtilitiesStudioStudio ,1BA$1.95
Don Quixote ApartmentsStudioStudio ,1BA$2.54

Getting Around the University Heights Neighborhood in Albuquerque, NM

Walk Score®

86 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

89 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap University Heights Apartments

What is the price of a cheap apartment in University Heights?

The cheapest apartment in University Heights is El Pueblo II Apartments which is listed at $716, while the average apartment in University Heights costs $1,200.

What types of apartments are the cheapest in University Heights?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in University Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.