
Cheap 2 Bedroom Apartments for Rent in the South San Pedro Neighborhood of Albuquerque, NM from $895 (22 Rentals)


The Loop @950

1117 Louisiana Blvd SE

Home @ Valencia

The Portals Apartments

540 Cardenas Dr SE

1201 Palomas
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.

Somerset Park

The Lanai Apartments

Villa Apartments

Casa de Sierra Senior Apartments

936 San Pedro Dr SE

928 San Pedro Dr SE

Patios - FREE Utilities+Standard Cable
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.

Aspen Ridge

Alvarado Square

Madeira Flats- Utilities Included!

Desert Park

500-504 Ortiz Dr SE

Gracey's Nation - Palomas Community

Ortiz Place Townhomes
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.

Continental Arms Apartments: Charming Gated Community
South San Pedro, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in South San Pedro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South San Pedro Studio Apartments | $772 | $645 | $1,050 |
| South San Pedro 1 Bedroom Apartments | $968 | $500 | $1,753 |
South San Pedro 2 Bedroom Apartments | $1,130 | $895 | $2,421 |
| South San Pedro 3 Bedroom Apartments | $1,347 | $1,300 | $1,395 |
Explore Albuquerque
Frequently Asked Questions about Cheap South San Pedro Apartments
What is a cheap apartment in South San Pedro?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South San Pedro is under $925.
What is the price of a cheap apartment in South San Pedro?
The cheapest apartment in South San Pedro is The Loop @950 which is listed at $925, while the average apartment in South San Pedro costs $1,347.
What types of apartments are the cheapest in South San Pedro?
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 28 regular apartments in South San Pedro that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.