
Cheap 2 Bedroom Apartments for Rent in the South Valley Neighborhood of Albuquerque, NM from $796 (55 Rentals)


3421 Crest Ave SE

Cinnamon Tree

1033 Louisiana Blvd SE

137 Manzano St NE

Manzano Vista

Total Monthly Price
535 Texas St NE, Unit A

Bluewater Village

209 Texas St NE

Casa Placida
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.

500 Tennessee St SE

The Loop @950

The Ridge

225 63rd St NW

370 Atrisco Dr SW

Home @ Valencia

Cloudview Terrace Apartments

516 Lewis Ave SE

1117 Louisiana Blvd SE

3518 Crest Ave 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.

520 Tennessee St NE

Glorieta

7900-7904 Trumbull Ave SE

1420 4th St NW

217 Pennsylvania St NE

Donna Ann Apartments

Warren Park Apartments

Virginia Rose Apartments

Pine St Studios

Sunshine Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

4605 Gibson Blvd SE

308 Whispering Sands Ct SE

Indian School Road Properties

Manzano

11101 Towner Ave NE

Tesota Four Hills South

Patios - FREE Utilities+Standard Cable

Skylight Apartments

402 Cornell Dr SE

134-136 Altez St NE
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Grandview Apartments

Uptown Gardens

1606-1612 Coal Ave SE

Villa Nueva Senior Apartments

Columbia Apartments

Sawmill Lofts

Aspen Ridge

Monterey Manor Apartments

River Rock Apartments

Modern Apartments with Great Amenities
South Valley - One of the Best Affordable Neighborhoods in Albuquerque
Named as one of the Best Affordable Areas to rent in Albuquerque by our Local Expert Esther Lombardi. See how it ranks!
South Valley, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in South Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Valley Studio Apartments | $1,084 | $620 | $2,166 |
| South Valley 1 Bedroom Apartments | $1,160 | $710 | $2,485 |
South Valley 2 Bedroom Apartments | $1,444 | $796 | $3,909 |
| South Valley 3 Bedroom Apartments | $1,659 | $1,020 | $2,522 |
| South Valley 4 Bedroom Apartments | $2,233 | $1,300 | $2,823 |
Explore Albuquerque
South Valley, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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.
Read ArticleQuick Rent Budget Calculator
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.
Pet Friendly LifestyleSouth Valley, Albuquerque, NM
Ranked #3
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Valley, Albuquerque, NM
School data provided by Great Schools
Frequently Asked Questions about Cheap South Valley Apartments
What is a cheap apartment in South Valley?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Valley is under $740.
What is the price of a cheap apartment in South Valley?
The cheapest apartment in South Valley is Tesota Four Hills which is listed at $856, while the average apartment in South Valley costs $2,400.
What types of apartments are the cheapest in South Valley?
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 73 regular apartments in South Valley that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in South Valley?
Cheap apartments in South Valley have an average cost of $124 which is $2,276 cheaper than the average rent for all rentals in South Valley.
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.