
Cheap Apartments for Rent in the South San Pedro Neighborhood of Albuquerque, NM from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the South San Pedro area of Albuquerque.


FREE UTILITIES!! GREAT VIBES!!

Madeira Court

633 San Pedro Dr SE, Unit C
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.

Patios - FREE Utilities+Standard Cable

Modern Apartments with Great Amenities
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 | $719 | $699 | $749 |
| South San Pedro 1 Bedroom Apartments | $938 | $695 | $1,199 |
| South San Pedro 2 Bedroom Apartments | $1,132 | $895 | $2,353 |
| South San Pedro 3 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the South San Pedro Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
South San Pedro, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 @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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Loop @950 | 0x1 - 280 | Studio,1BA | $645 |
| Home @ Valencia | 1bd/1ba | 1BR,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 December 26, 2025 the best value apartment in the South San Pedro area is the $1.09 price per square foot Two Bedroom Two Bath Model at Aspen Ridge in the in the South San Pedro neighborhood starting from $935. 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. |
|---|---|---|---|
| Aspen Ridge | Two Bedroom Two Bath | 2BR,2BA | $1.09 |
| Villa Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| 444 Florida Playa del Sol | 6721 - 6723 Bell St SE Duplex | 1BR,1BA | $1.41 |
| 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 |
| Modern Apartments with Great Amenities | 1 bed 1bath | 1BR,1BA | $1.31 |
| Home @ Valencia | 1bd/1ba | 1BR,1BA | $1.26 |
| FREE UTILITIES!! GREAT VIBES!! | Sailor Interior Units | Studio ,1BA | $1.41 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
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 $880.
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 27 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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.







