
Cheap Apartments for Rent in the University West Neighborhood of Albuquerque, NM from $400 (99 Rentals)
Search the lowest-cost Apartments available for rent right now in the University West area of Albuquerque.


401 14th St NW

Millennium Flats

513 Candelaria Rd NW

Citadel - Free Utilities

103 Maple St NE

Total Monthly Price
Comanche Wells

Sage at 601

2120 Coal Ave SE

2121 Gold Ave SE
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.

La Vida Nueva

Silver Gardens Apartments

Cedars - Free Cable & Internet*

Total Monthly Price
Union 505

1201 Dickerson Dr SE

1209 Dickerson Dr SE

Silver Moon Lodge

Sandia Shadows

915 Walter St SE

Zocalo Lofts
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.

Peaks at Sandia View

3508 Lafayette Dr NE

Alvarado Apartments

1237 Menaul Blvd NW

Total Monthly Price
412 Columbia Dr SE

3209 Burton Ave SE

604 Arno St NE

Zodiac Apartments

Four Seasons

De Anza - Nob Hill Luxury Apartments
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.

The Artisan @ Sawmill Village

Total Monthly Price
Nine-O-Nine Apartments

Total Monthly Price
1207 Barelas St SW

410 Harvard Dr SE, Unit C

410 Harvard Dr SE, Unit 1

1521 Gold Ave SE

209 Cornell Dr SE

621 High St SE

Total Monthly Price
1204 Sawmill Rd NW

505 Central Lofts
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.

Calle Cuarta

Princeton Hall Apartments

1420 4th St NW

Columbian Apartments

1405 Gold Ave SE

Hacienda Norte Apartments

219 Walter St NE

Kachina Apartments

1516 Tijeras Ave NE

Arcadia Courtyard
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University West, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in University West?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University West Studio Apartments | $972 | $720 | $1,800 |
| University West 1 Bedroom Apartments | $1,220 | $750 | $1,890 |
| University West 2 Bedroom Apartments | $1,529 | $935 | $2,407 |
| University West 3 Bedroom Apartments | $1,917 | $1,050 | $4,419 |
Browse Apartments in this Neighborhood
There are currently 99 rentals with your search options within a 2 mile radius of the University West Neighborhood of Albuquerque, NM.
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University West, Albuquerque, NM Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Encino Terrace Senior | Studio | Studio,1BA | $720 |
| Millennium Flats | Unit Type A | Studio,1BA | $775 |
| Comanche Wells | S1 | Studio,1BA | $798 |
| Sage at 601 | 0 x 1 C | Studio,1BA | $799 |
| La Vida Nueva | Studios | Studio,1BA | $800 |
| Union 505 | Studio | Studio,1BA | $847 |
| 2121 Gold Ave SE | 2121 Gold Street SE - Unit 13 | 1BR,1BA | $850 |
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $865 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| 521-525 Cedar St SE | 1 Beds, 1 Baths | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 521-525 Cedar St SE | 1 Beds, 1 Baths | 1BR,1BA | $0.88 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.15 |
| Large Quiet Two Bedroom | Ele | 2BR,2BA | $1.45 |
| Sandia Shadows | 2bd/2ba | 2BR,2BA | $1.26 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.51 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.38 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.68 |
| Zodiac Apartments | 2BR/1.0BA | 2BR,1BA | $1.57 |
| 412 Columbia Dr SE, Unit A | 412 Columbia Dr SE | 1BR,1BA | $1.54 |
| Peaks at Sandia View | 1x1R-638 | 1BR,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.
Read ArticleDon'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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleUniversity West, Albuquerque, NM
Ranked #91
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in University West, Albuquerque, NM
School data provided by Great Schools
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.
Helpful Local Expert Guides

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.

Albuquerque Uncovered: Your Local Expert's 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.

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.

A Local Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.