
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.


520 Indiana St SE
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.

400 Georgia St SE

636 640
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805 Cagua Drive Southeast
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 | $1,175 | $850 | $1,500 |
| South San Pedro 3 Bedroom Homes for Rent | $1,750 | $1,750 | $1,750 |
| South San Pedro 4 Bedroom Homes for Rent | $800 | $800 | $800 |
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 Studio unit found at The Loop at 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 at 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 July 03, 2026 the best value apartment in the South San Pedro area is the $1.08 price per square foot Four Bedroom Two Bath Model at Aspen Ridge in the in the South San Pedro neighborhood starting from $1,311. The second greatest value South San Pedro apartment is the Two Bedroom Model at Casa de Sierra Senior Apartments starting at $1,284 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 | Four Bedroom Two Bath | 4BR,2BA | $1.08 |
| Casa de Sierra Senior Apartments | Two Bedroom | 2BR,2BA | $1.35 |
| 433-437 Louisiana Blvd SE | 2 Beds, 1 Baths | 2BR,1BA | $0.89 |
| The Valencia | 2x1 Lg 859 sq. ft. | 2BR,1BA | $1.40 |
| Gracey's Nation - Palomas Community | 2 Bed, 1 Bath | 2BR,1BA | $1.23 |
| The Lanai Apartments | 2BD/1B | 2BR,1BA | $1.36 |
| The Portals Apartments | A1 | 1BR,1BA | $1.14 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| The French Quarter | 1 x1 Reno (630Sqft) | 1BR,1BA | $1.40 |
| Home @ Valencia | 1bd/1ba | 1BR,1BA | $1.26 |
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 $1,395. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in South San Pedro ranging from $800 to $1,750.
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 $1,750 with an average monthly rent of $1,146.
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.
Helpful Local Expert Guides

A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
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Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.