
Cheap Apartments for Rent in the South San Pedro Neighborhood of Albuquerque, NM from $500 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the South San Pedro area of Albuquerque.


FREE UTILITIES!! GREAT VIBES!!
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.

Madeira Court

Patios - FREE Utilities+Standard Cable
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.
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 | $727 | $699 | $749 |
South San Pedro 1 Bedroom Apartments | $954 | $695 | $2,230 |
South San Pedro 2 Bedroom Apartments | $1,095 | $995 | $1,400 |
South San Pedro 3 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the South San Pedro Neighborhood of Albuquerque, NM.
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South San Pedro, Albuquerque, NM Local Guide
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Cheapest Available South San Pedro Apartments for Rent
 The cheapest available apartment rental in the South San Pedro area of Albuquerque, NM is a 1 Bed unit found at Home @ Valencia priced from $695. The Loop @950 has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable South San Pedro apartments for rent in Albuquerque, NM:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Home @ Valencia | 1bd/1ba | 1BR,1BA | $695 |
The Loop @950 | 0x1 - Deluxe - 280 | Studio,1BA | $695 |
FREE UTILITIES!! GREAT VIBES!! | Sailor Interior Units | Studio,1BA | $699 |
White Oak Apartments | 1x1 | 1BR,1BA | $716 |
Madeira Court | Studio | Studio,1BA | $749 |
Best Value Apartments for Rent in South San Pedro, NM
As of October 09, 2025 the best value apartment in the South San Pedro area is the $1.26 price per square foot 2/BED/1 BATH Model at Modern Apartments with Great Amenities in the in the South San Pedro neighborhood starting from $980. The second greatest value South San Pedro apartment is the 1 Bed 1 Bath Model at Villa Apartments starting at $1,030 with a $1.37 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Modern Apartments with Great Amenities | 2/BED/1 BATH | 2BR,1BA | $1.26 |
Villa Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
Spacious 2 Bedroom Apartment with Fireplace | 2BD w/Fireplace | 2BR,1BA | $1.47 |
White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
Casa de Sierra Senior Apartments | One Bedroom | 1BR,1BA | $1.30 |
Madeira Flats- Utilities Included! | Renovated One Bedroom $300 OFF MOVE IN! FREE UT... | 1BR,1BA | $1.45 |
The Lanai Apartments | 1BD/1B | 1BR,1BA | $1.38 |
Somerset Park | 1 Bed 1 Bath 647 sq ft | 1BR,1BA | $1.49 |
Home @ Valencia | 1bd/1ba | 1BR,1BA | $1.26 |
FREE UTILITIES!! GREAT VIBES!! | Sailor Interior Units | Studio ,1BA | $1.41 |
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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!
Getting Around the South San Pedro Neighborhood in Albuquerque, NM
Walk Score®
76 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
79 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
43 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $900.
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 $1,500.
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 40 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
Helpful Apartment Articles, How-To's and Tips
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.