
Cheap Apartments for Rent in the University Heights Neighborhood of Albuquerque, NM from $400 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Heights area of Albuquerque.


Princeton Apartments

500-504 Princeton Dr SE

501 Columbia Dr 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.

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 | $1,279 | $1,025 | $1,550 |
| University Heights 2 Bedroom Apartments | $1,183 | $1,150 | $1,200 |
Browse Apartments in this Neighborhood
There are currently 8 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 | $1,150 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.15 |
| Zodiac Apartments | 2BR/1.0BA | 2BR,1BA | $1.57 |
| 412 Columbia Dr SE, Unit A | 412 Columbia Dr SE | 1BR,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

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.

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 Experts 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

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.

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.

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.