
Cheap Homes for Rent in South San Pedro Neighborhood of Albuquerque, NM from $900 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the South San Pedro area of Albuquerque.

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.

529 Indiana St SE
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South San Pedro, Albuquerque, NM Local Guide

How much does it cost to rent a home in South San Pedro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South San Pedro 3 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
| South San Pedro 4 Bedroom Homes for Rent | $1,795 | $1,795 | $1,795 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the South San Pedro Neighborhood of Albuquerque, NM.
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Best Value Apartments for Rent in South San Pedro, NM
As of April 15, 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 B1 Model at The Portals Apartments starting at $985 with a $1.09 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 |
| The Portals Apartments | B1 | 2BR,1BA | $1.09 |
| Home @ Valencia | 2bd/1ba | 2BR,1BA | $1.10 |
| Madeira Flats- Utilities Included! | ONE MONTH FREE! All UTILITIES INCLUDED! | 2BR,1BA | $1.37 |
| 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 | $1.45 |
| Las Brisas | 1 Bed, 1 Bath A (60% Income Restricted) | 1BR,1BA | $1.39 |
Frequently Asked Questions about South San Pedro
What type of rentals are currently available in South San Pedro?
There are currently 163 Apartments for Rent in South San Pedro, NM with pricing that ranges from $500 to $2,421. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in South San Pedro ranging from $975 to $1,795.
What is the current price range for Rental Homes in South San Pedro?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South San Pedro ranges from $975 to $1,795 with an average monthly rent of $1,423.
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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.