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$500 - $1,0101 to 2 Bedroom Apartments Available Now
Home @ Valencia
5500 Eastern Ave SEAlbuquerque, NM 87108
Cheap Apartments for Rent in the South San Pedro Neighborhood of Albuquerque, NM from $500 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the South San Pedro area of Albuquerque.
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$645 - $1,075Studio to 2 Bedroom Apartments Available Now
The Loop @950
950 Louisiana Blvd SEAlbuquerque, NM 87108
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1 Bedroom Apartments
Yucca House
1015 Valencia Dr SEAlbuquerque, NM 87108
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.
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1 to 2 Bedroom Apartments
Patios - FREE Utilities+Standard Cable
1116-1208 Ortiz Dr SEAlbuquerque, NM 87108
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1 Bedroom Apartments
Casa Del Rey Sur
112 Cardenas Dr NEAlbuquerque, NM 87108
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1 Bedroom Apartments
1028 Alvarado Dr
1028 Alvarado DrAlbuquerque, NM 87108
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.
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South San Pedro, Albuquerque, NM Local Guide
Copyright CoStar Group, Inc
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 | $709 | $645 | $935 |
| South San Pedro 1 Bedroom Apartments | $958 | $500 | $1,629 |
| South San Pedro 2 Bedroom Apartments | $1,089 | $895 | $1,962 |
Browse Apartments in this Neighborhood
There are currently 6 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. 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 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
Best Value Apartments for Rent in South San Pedro, NM
As of May 17, 2026 the best value apartment in the South San Pedro area is the $0.98 price per square foot Four Bedroom Two Bath Model at Aspen Ridge in the in the South San Pedro neighborhood starting from $1,190. The second greatest value South San Pedro apartment is the ONE MONTH FREE! All UTILITIES INCLUDED! Model at Madeira Flats- Utilities Included! starting at $1,075 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 | Four Bedroom Two Bath | 4BR,2BA | $0.98 |
| Madeira Flats- Utilities Included! | ONE MONTH FREE! All UTILITIES INCLUDED! | 2BR,1BA | $1.37 |
| Villa Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| The Portals Apartments | A1 | 1BR,1BA | $1.14 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| Casa de Sierra Senior Apartments | One Bedroom | 1BR,1BA | $1.30 |
| The Lanai Apartments | 3rd Floor 1be/1bath | 1BR,1BA | $1.38 |
| The French Quarter | Renovated 1 x1 630 sqft. Going Quick, call to S... | 1BR,1BA | $1.45 |
| Las Brisas | 1 Bed, 1 Bath A | 1BR,1BA | $1.51 |
| Home @ Valencia | 1bd/1ba | 1BR,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.
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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 ArticleReal 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.
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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.
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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 $899.
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 $995.
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 32 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.
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A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
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