
Cheap Homes for Rent in University Heights Neighborhood of Albuquerque, NM from $1,500 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the University Heights area of Albuquerque.

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.

221 Girard Blvd 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 a home in University Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Heights 2 Bedroom Homes for Rent | $2,480 | $2,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the University Heights Neighborhood of Albuquerque, NM.
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Best Value Apartments for Rent in University Heights, NM
As of April 18, 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 |
Frequently Asked Questions about University Heights
What type of rentals are currently available in University Heights?
There are currently 62 Apartments for Rent in University Heights, NM with pricing that ranges from $1,100 to $1,550. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Heights ranging from $1,500 to $3,000.
What is the current price range for Rental Homes in University Heights?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Heights ranges from $1,500 to $3,000 with an average monthly rent of $2,090.
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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.