
Cheap Homes for Rent in South San Pedro Neighborhood of Albuquerque, NM from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the South San Pedro area of Albuquerque.


541 Palomas Dr SE
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.

401 Georgia St SE

1133 Kentucky St SE
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.

911 Alvarado Dr SE
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 2 Bedroom Homes for Rent | $1,075 | $900 | $1,350 |
| South San Pedro 3 Bedroom Homes for Rent | $1,700 | $1,700 | $1,700 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the South San Pedro Neighborhood of Albuquerque, NM.
Explore Albuquerque
Cheapest Available South San Pedro Apartments for Rent
 The cheapest available apartment rental in the South San Pedro area of Albuquerque, NM is a 1 Bed unit found at Home @ Valencia priced from $695. FREE UTILITIES!! GREAT VIBES!! has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable South San Pedro apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Home @ Valencia | 1bd/1ba | 1BR,1BA | $695 |
| FREE UTILITIES!! GREAT VIBES!! | Sailor Interior Units | Studio,1BA | $699 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
Best Value Apartments for Rent in South San Pedro, NM
As of November 16, 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 2 Bed, 1 Bath Model at Gracey's Nation - Palomas Community starting at $1,100 with a $1.35 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 |
| Gracey's Nation - Palomas Community | 2 Bed, 1 Bath | 2BR,1BA | $1.35 |
| The Loop @950 | 2x1 - 702 (1000 Building) | 2BR,1BA | $1.32 |
| 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 | 1BD/1B | 1BR,1BA | $1.38 |
| Home @ Valencia | 1bd/1ba | 1BR,1BA | $1.26 |
| FREE UTILITIES!! GREAT VIBES!! | Sailor Interior Units | Studio ,1BA | $1.41 |
Frequently Asked Questions about South San Pedro
What type of rentals are currently available in South San Pedro?
There are currently 164 Apartments for Rent in South San Pedro, NM with pricing that ranges from $695 to $2,176. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in South San Pedro ranging from $800 to $1,700.
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 $800 to $1,700 with an average monthly rent of $1,220.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.