Cheap Apartments for Rent in the South San Pedro Neighborhood of Albuquerque, NM from $500 (48 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the South San Pedro 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.

Read Article
close
View Me
The French Quarter
Rent Specials
$880 - $915
Total Monthly Price

Total Monthly Price

Base Rent
$880 - $915
Total Monthly Price
$880 - $915
1 Bedroom Apartments Available Now

The French Quarter

1101-1121 Palomas Dr SEAlbuquerque, NM 87108
Corporate Housing
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
Playa Del Sol
$925
Total Monthly Price

Total Monthly Price

Base Rent
$925
Total Monthly Price
$925
1 Bedroom Apartments Available Now

Playa Del Sol

444 Florida St SEAlbuquerque, NM 87108
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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 Article
close
View Me
Yucca House
1 Bedroom Apartments

Yucca House

1015 Valencia Dr SEAlbuquerque, NM 87108
  • Utilities Included
close
View Me
Casa Del Rey Sur
1 Bedroom Apartments

Casa Del Rey Sur

112 Cardenas Dr NEAlbuquerque, NM 87108
  • Utilities Included

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.

Read Article
close
View Me
1028 Alvarado Dr
1 Bedroom Apartments

1028 Alvarado Dr

1028 Alvarado DrAlbuquerque, NM 87108
close
View Me
Alvarado Square
1 to 3 Bedroom Apartments

Alvarado Square

303 Alvarado Dr SEAlbuquerque, NM 87108
  • Utilities Included
close
View Me
Continental Arms
Studio to 2 Bedroom Apartments

Continental Arms

1200 Madeira Dr SEAlbuquerque, NM 87108

Cash 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 Article
close
View Me
Madeira Court
Studio to 1 Bedroom Apartments

Madeira Court

1001 Madeira Dr SEAlbuquerque, NM 87108
close
View Me
Valencia Park
1 to 2 Bedroom Apartments

Valencia Park

924 Valencia Dr SEAlbuquerque, NM 87108
close
View Me
The Valencia
1 to 3 Bedroom Apartments

The Valencia

1020 Valencia DrAlbuquerque, NM 87108
  • Utilities Included
close
View Me
Aspen Ridge
2 to 4 Bedroom Apartments

Aspen Ridge

820 Louisiana Blvd SEAlbuquerque, NM 87108
close
View Me
Continental Flats
1 to 2 Bedroom Apartments

Continental Flats

1201-1229 Palomas Dr SEAlbuquerque, NM 87108
close
View Me
Desert Park
Studio to 3 Bedroom Apartments

Desert Park

900 Valencia Dr SEAlbuquerque, NM 87108

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.

Read Article
close
View Me
500-504 Ortiz Dr SE
1 to 2 Bedroom Apartments

500-504 Ortiz Dr SE

500-504 Ortiz Dr SEAlbuquerque, NM 87108
close
View Me
Ortiz Place Townhomes
2 Bedroom Apartments

Ortiz Place Townhomes

1233-1257 Ortiz Dr SEAlbuquerque, NM 87108
  • Utilities Included
Showing Results 1-48, Page 1 of 1

South San Pedro, Albuquerque, NM Local Guide

Cheapest Available South San Pedro Apartments for Rent

 

The cheapest available apartment rental in the South San Pedro area of Albuquerque, NM is a Studio unit found at The Loop at 950 priced from $645. Home @ Valencia has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable South San Pedro apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
The Loop at 9500x1 - 280Studio,1BA$645
Home @ Valencia1bd/1ba1BR,1BA$695
White Oak Apartments1x11BR,1BA$716
Madeira Flats- Utilities Included!STUStudio,1BA$775
Casa de Sierra Senior ApartmentsOne Bedroom1BR,1BA$799
The Portals ApartmentsA11BR,1BA$800
El Pueblo - Ultimate Urban LivingStudioStudio,1BA$840
Casa Dos Santos ApartmentsStudio 520Studio,1BA$845
433-437 Louisiana Blvd SE2 Beds, 1 Baths2BR,1BA$850
Gracey's Nation - Palomas Community1 Bed, 1 Bath1BR,1BA$850

Best Value Apartments for Rent in South San Pedro, NM

As of July 03, 2026 the best value apartment in the South San Pedro area is the $1.08 price per square foot Four Bedroom Two Bath Model at Aspen Ridge in the in the South San Pedro neighborhood starting from $1,311. The second greatest value South San Pedro apartment is the Two Bedroom Model at Casa de Sierra Senior Apartments starting at $1,284 with a $1.35 price per square foot in the South San Pedro neighborhood. Here is today’s list of the best values for South San Pedro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aspen RidgeFour Bedroom Two Bath4BR,2BA$1.08
Casa de Sierra Senior ApartmentsTwo Bedroom2BR,2BA$1.35
433-437 Louisiana Blvd SE2 Beds, 1 Baths2BR,1BA$0.89
The Valencia2x1 Lg 859 sq. ft.2BR,1BA$1.40
Gracey's Nation - Palomas Community2 Bed, 1 Bath2BR,1BA$1.23
The Lanai Apartments2BD/1B2BR,1BA$1.36
The Portals ApartmentsA11BR,1BA$1.14
White Oak Apartments1x11BR,1BA$1.03
The French Quarter1 x1 Reno (630Sqft)1BR,1BA$1.40
Home @ Valencia1bd/1ba1BR,1BA$1.26

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for Central Albuquerque, NM. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

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 $850.

What is the price of a cheap apartment in South San Pedro?

The cheapest apartment in South San Pedro is Home @ Valencia which is listed at $695, while the average apartment in South San Pedro costs $1,395.

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 21 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.

Helpful Local Expert Guides

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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.

decorative image for The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach article

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.

decorative image for Albuquerque Uncovered: Your Local Experts Guide to the High Desert City article

Albuquerque Uncovered: Your Local Experts 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.

decorative image for Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers article

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.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.