Cheap Apartments for Rent in the University West Neighborhood of Albuquerque, NM from $400 (99 Rentals)

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

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Comanche Wells
Rent Specials
$797 - $2,855
Total Monthly Price

Total Monthly Price

Base Rent
$797 - $2,855

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Comanche Wells

3400 Comanche Rd NEAlbuquerque, NM 87107
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers

Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

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Union 505
Rent Specials
$847 - $2,219
Total Monthly Price

Total Monthly Price

Base Rent
$847 - $2,219

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Union 505

801 Locust Pl NEAlbuquerque, NM 87102
Active Lifestyle
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  • Customer Reviewed
  • 3D Tour

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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412 Columbia Dr SE
$999 - $1,075
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,075

Total Monthly Price
$999 - $1,075
1 Bedroom Apartment Available Now

412 Columbia Dr SE

412 Columbia Dr SEAlbuquerque, NM 87106
Affordability
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Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City

Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.

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Nine-O-Nine Apartments
Rent Specials
$1,195 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,395

Total Monthly Price
$1,195 - $1,395
1 to 2 Bedroom Apartments Available Now

Nine-O-Nine Apartments

909 Tijeras Ave NWAlbuquerque, NM 87102
Transit Friendly
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property at 1521 Gold Ave SE

$1,200 - $1,250

1 Bedroom Rentals

Available Now

1521 Gold Ave SE

AlbuquerqueNM87106

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.

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Calle Cuarta
Studio to 3 Bedroom Apartments

Calle Cuarta

3525 4th St NWAlbuquerque, NM 87107
  • Utilities Included
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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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1420 4th St NW
1 to 2 Bedroom Apartments

1420 4th St NW

1420-1422 4th St NWAlbuquerque, NM 87102
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Columbian Apartments
1 to 2 Bedroom Apartments

Columbian Apartments

208 Columbia Dr SEAlbuquerque, NM 87106
  • Utilities Included
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1405 Gold Ave SE
1 to 2 Bedroom Apartments

1405 Gold Ave SE

1405 Gold Ave SEAlbuquerque, NM 87106
  • Utilities Included
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219 Walter St NE
1 Bedroom Apartments

219 Walter St NE

219-223 Walter St SEAlbuquerque, NM 87102
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Kachina Apartments
1 to 2 Bedroom Apartments

Kachina Apartments

301 Harvard Dr SEAlbuquerque, NM 87106
  • Utilities Included
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1516 Tijeras Ave NE
1 Bedroom Apartments

1516 Tijeras Ave NE

1516-1522 Tijeras Ave NEAlbuquerque, NM 87106
  • Utilities Included
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Arcadia Courtyard
1 Bedroom Apartments

Arcadia Courtyard

1020 Park Ave SWAlbuquerque, NM 87102

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

University West, Albuquerque, NM Local Guide

Cheapest Available University West Apartments for Rent

 

The cheapest available apartment rental in the University West area of Albuquerque, NM is a Studio unit found at Encino Terrace Senior priced from $720. Millennium Flats has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable University West apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Encino Terrace SeniorStudioStudio,1BA$720
Millennium FlatsUnit Type AStudio,1BA$775
Comanche WellsS1Studio,1BA$798
Sage at 6010 x 1 CStudio,1BA$799
La Vida NuevaStudiosStudio,1BA$800
Union 505StudioStudio,1BA$847
2121 Gold Ave SE2121 Gold Street SE - Unit 131BR,1BA$850
Silver Gardens Apartments1 Bedroom (50%)1BR,1BA$865
Silver Moon LodgeStudioStudio,1BA$897
521-525 Cedar St SE1 Beds, 1 Baths1BR,1BA$945

Best Value Apartments for Rent in University West, NM

As of July 27, 2026 the best value apartment in the University West area is the $0.88 price per square foot 1 Beds, 1 Baths Model at 521-525 Cedar St SE in the in the Southeast Quadrant neighborhood starting from $945. The second greatest value University West apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,150 with a $1.15 price per square foot in the Southeast Quadrant neighborhood. Here is today’s list of the best values for University West apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
521-525 Cedar St SE1 Beds, 1 Baths1BR,1BA$0.88
Four Seasons2br apartment corner unit2BR,1BA$1.15
Large Quiet Two BedroomEle2BR,2BA$1.45
Sandia Shadows2bd/2ba2BR,2BA$1.26
Marquee Village ApartmentsKaloDuo2BR,1BA$1.51
Villas Del Cielo1 Bedroom1BR,1BA$1.38
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1.68
Zodiac Apartments2BR/1.0BA2BR,1BA$1.57
412 Columbia Dr SE, Unit A412 Columbia Dr SE1BR,1BA$1.54
Peaks at Sandia View1x1R-6381BR,1BA$1.68

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.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
University West, Albuquerque, NM

Ranked #90

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in areas across the United States and customized analysis for Central Albuquerque. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap University West Apartments

What is a cheap apartment in University West?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University West is under $945.

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

The cheapest apartment in University West is 2121 Gold Ave SE which is listed at $850, while the average apartment in University West costs $1,750.

What types of apartments are the cheapest in University West?

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 7 regular apartments in University West that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in University West?

Cheap apartments in University West have an average cost of $163 which is $1,587 cheaper than the average rent for all rentals in University West.

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.

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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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