
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.


White Oak Apartments

FREE UTILITIES!! GREAT VIBES!!

515 Valencia Dr SE

Madeira Court
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.

Yucca House

Patios - FREE Utilities+Standard Cable

Casa Del Rey Sur

1028 Alvarado Dr

Alvarado Apartments
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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.

Casa dos Santos
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 | $714 | $645 | $840 |
| South San Pedro 1 Bedroom Apartments | $979 | $716 | $1,400 |
| South San Pedro 2 Bedroom Apartments | $1,066 | $895 | $2,115 |
| South San Pedro 3 Bedroom Apartments | $1,395 | $1,395 | $1,395 |
| South San Pedro 4 Bedroom Apartments | $1,495 | $1,495 | $1,495 |
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 Studio unit found at The Loop @950 priced from $645. White Oak Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $716. 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 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
| FREE UTILITIES!! GREAT VIBES!! | Sailor Interior Units | Studio,1BA | $720 |
| Madeira Court | Studio | Studio,1BA | $765 |
| Las Brisas | 1 Bed, 1 Bath (60% Income Restricted) | 1BR,1BA | $813 |
Best Value Apartments for Rent in South San Pedro, NM
As of February 14, 2026 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 |
| The Portals Apartments | A1 | 1BR,1BA | $1.21 |
| 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 | 3rd Floor 1be/1bath | 1BR,1BA | $1.38 |
| Las Brisas | 1 Bed, 1 Bath | 1BR,1BA | $1.53 |
| Somerset Park | 1 Bed, 1 Bath 571 Sq Ft | 1BR,1BA | $1.57 |
| FREE UTILITIES!! GREAT VIBES!! | Sailor Interior Units | Studio ,1BA | $1.45 |
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
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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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!
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 White Oak Apartments which is listed at $716, while the average apartment in South San Pedro costs $1,495.
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 33 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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.