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$695 - $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 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the South San Pedro area of Albuquerque.
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Rent Specials
$695 - $1,395Studio to 3 Bedroom Apartments Available Now
The Loop @950
950 Louisiana Blvd SEAlbuquerque, NM 87108
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$7161 Bedroom Apartments Available Now
White Oak Apartments
6021 Anderson Ave SEAlbuquerque, NM 87108
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$720 - $1,050Studio Apartments Available Now
Brandywood Park Apartments
5851 Anderson Ave SEAlbuquerque, NM 87108
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$7501 Bedroom Apartments Available Now
515 Valencia Dr SE
515 Valencia Dr SEAlbuquerque, 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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1 Bedroom Apartments
Yucca House
1015 Valencia Dr SEAlbuquerque, NM 87108
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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
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Studio Apartments
Alvarado Apartments
1100 Alvarado Dr SEAlbuquerque, NM 87108
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.
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Studio to 1 Bedroom Apartments
Ortiz Casa dos Santos
520 Ortiz Dr SEAlbuquerque, NM 87108
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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 | $794 | $695 | $1,050 |
| South San Pedro 1 Bedroom Apartments | $970 | $695 | $1,429 |
| South San Pedro 2 Bedroom Apartments | $1,113 | $895 | $2,120 |
| South San Pedro 3 Bedroom Apartments | $1,395 | $1,395 | $1,395 |
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 $695. 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 - Deluxe - 280 | Studio,1BA | $695 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
| Brandywood Park Apartments | Sailor Exterior Units | Studio,1BA | $720 |
| Somerset Park | Studio | Studio,1BA | $822 |
| El Pueblo Apartments | Studio | Studio,1BA | $840 |
Best Value Apartments for Rent in South San Pedro, NM
As of March 31, 2026 the best value apartment in the South San Pedro area is the $1.39 price per square foot Three Bedroom Two Bath Model at Aspen Ridge in the in the South San Pedro neighborhood starting from $1,525. The second greatest value South San Pedro apartment is the 2bd/1ba Model at Home @ Valencia starting at $995 with a $1.10 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 | Three Bedroom Two Bath | 3BR,2BA | $1.39 |
| Home @ Valencia | 2bd/1ba | 2BR,1BA | $1.10 |
| Continental Arms | 2 BD 1.5 Bath | 2BR,1.5BA | $1.53 |
| Madeira Flats | ONE MONTH FREE! All UTILITIES INCLUDED! | 2BR,1BA | $1.37 |
| Alvarado Square | 2/BED/1 BATH | 2BR,1BA | $1.26 |
| Villa Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| Casa de Sierra Senior Apartments | One Bedroom | 1BR,1BA | $1.41 |
| 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 | $1.58 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
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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.
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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.
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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 $980.
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 $1,395.
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 29 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.