
Cheap Apartments for Rent in the University West Neighborhood of Albuquerque, NM from $400 (105 Rentals)
Search the lowest-cost Apartments available for rent right now in the University West area of Albuquerque.


Villa De San Felipe

Millennium Flats

Total Monthly Price
Comanche Wells

Citadel - Free Utilities

513 Candelaria Rd NW

Total Monthly Price
Union 505

La Vida Nueva

1622 Coal Ave SE

401 14th St NW
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.

Cedars - Free Cable & Internet*

1508 John St, Unit A

Silver Moon Lodge

Mehran Lofts - Gold Avenue Realty, LLC

Zocalo Lofts

Alvarado Apartments

Imperial

1624 Coal Ave SE

820 Apache Ave NW

516 Lewis Ave SE, Unit 516
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.

505 Central Lofts

Peaks at Sandia View

Total Monthly Price
Nine-O-Nine Apartments

301 Sierra Dr SE

Villas Del Cielo

Four Seasons

301 Central Ave NE, Unit 117

1508 Edith Blvd NE

301 Central Ave NE, Unit 101

Total Monthly Price
412 Columbia Dr SE, Unit A, Unit A
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

De Anza - Nob Hill Luxury Apartments

The Artisan @ Sawmill Village

100 Broadway Blvd NE, Unit 102

100 Broadway Blvd NE, Unit 303

1521 Gold Ave SE

417 Princeton Dr. SE, Unit "B", Unit "B"

Total Monthly Price
417 Princeton Dr SE, Unit Unit A, Unit Unit A

3209 Burton Ave SE

1409-1409 Hazeldine Ave SE

Total Monthly Price
Glo Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

528 Montclaire Dr NE

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
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $978 | $695 | $1,800 |
| University West 1 Bedroom Apartments | $1,211 | $725 | $1,890 |
| University West 2 Bedroom Apartments | $1,531 | $975 | $2,407 |
| University West 3 Bedroom Apartments | $1,663 | $1,250 | $2,300 |
Browse Apartments in this Neighborhood
There are currently 105 rentals with your search options within a 2 mile radius of the University West Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
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 210 High St NE priced from $735. Villa De San Felipe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $784. Here are the most affordable University West apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $735 |
| Villa De San Felipe | 1x1D | 1BR,1BA | $784 |
| Millennium Flats | Unit Type A | Studio,1BA | $790 |
| Comanche Wells | S1 | Studio,1BA | $795 |
| Union 505 | Studio | Studio,1BA | $797 |
| La Vida Nueva | Studios | Studio,1BA | $800 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Mehran Lofts - Gold Avenue Realty, LLC | 1BR/1.0BA | 1BR,1BA | $900 |
| Alvarado Apartments | A | Studio,1BA | $949 |
| 505 Central Lofts | Studio | Studio,1BA | $1,000 |
Best Value Apartments for Rent in University West, NM
As of April 27, 2026 the best value apartment in the University West area is the $1.67 price per square foot 817 Slate Ave NW Model at 817 Slate Ave NW, Unit 817 in the in the Hunning Highland neighborhood starting from $2,000. The second greatest value University West apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,100 with a $1.10 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. |
|---|---|---|---|
| 817 Slate Ave NW, Unit 817 | 817 Slate Ave NW | 2BR,1BA | $1.67 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.10 |
| 417 Princeton Dr. SE, Unit "B" | 417 Princeton Dr. SE | 1BR,1BA | $1.33 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.47 |
| Silver Gardens Apartments | Two Bedroom, Two Bath (60%) - $200 Special | 2BR,2BA | $1.43 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.41 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.35 |
| Zodiac Apartments | 2BR/1.0BA | 2BR,1BA | $1.57 |
| Peaks at Sandia View | 1x1R-638 | 1BR,1BA | $1.68 |
| 210 High St NE | 0 Beds, 1 Baths | Studio ,1BA | $1.47 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe 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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 #122
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 $1,000.
What is the price of a cheap apartment in University West?
The cheapest apartment in University West is Villa De San Felipe which is listed at $784, while the average apartment in University West costs $1,700.
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 38 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 $537 which is $1,163 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.
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.