Cheap Apartments for Rent in the University Heights Neighborhood of Albuquerque, NM from $400 (8 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
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Princeton Apartments
2 Bedroom Apartments

Princeton Apartments

408 Princeton Dr SEAlbuquerque, NM 87106
  • Utilities Included

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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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
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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$1,150

Best Value Apartments for Rent in University Heights, NM

As of June 11, 2026 the best value apartment in the University Heights area is the $1.15 price per square foot 2br apartment corner unit Model at Four Seasons in the in the Southeast Quadrant neighborhood starting from $1,150. The second greatest value University Heights apartment is the 2BR/1.0BA Model at Zodiac Apartments starting at $1,100 with a $1.57 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$1.15
Zodiac Apartments2BR/1.0BA2BR,1BA$1.57
412 Columbia Dr SE, Unit A412 Columbia Dr SE1BR,1BA$1.58

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.

Helpful Local Expert Guides

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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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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.

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Albuquerque Uncovered: Your Local Experts Guide to the High Desert City

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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.

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Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers

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I still recollect my first morning commute in Albuquerque.

Articles, How-To's, and Tips

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.