Cheap 2 Bedroom Apartments for Rent in the South Valley Neighborhood of Albuquerque, NM from $835 (58 Rentals)

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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.

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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Glorieta
2 Bedroom Apartments

Glorieta

115-131 Glorieta St NEAlbuquerque, NM 87123
  • Utilities Included
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1420 4th St NW
2 Bedroom Apartments

1420 4th St NW

1420-1422 4th St NWAlbuquerque, NM 87102
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Donna Ann Apartments
2 Bedroom Apartments

Donna Ann Apartments

7905-8021 Marquette Ave NEAlbuquerque, NM 87108
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Warren Park Apartments
2 Bedroom Apartments

Warren Park Apartments

900 Continental Loop SEAlbuquerque, NM 87108
  • Utilities Included

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.

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Sunshine Apartments
2 Bedroom Apartments

Sunshine Apartments

1601-1621 Sunshine Ter Ave SEAlbuquerque, NM 87106
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Pine St Studios
2 Bedroom Apartments

Pine St Studios

414 Pine St SEAlbuquerque, NM 87106
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4605 Gibson Blvd SE
2 Bedroom Apartments

4605 Gibson Blvd SE

4605 Gibson Blvd SEAlbuquerque, NM 87108
  • Smoke Free
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Manzano
2 Bedroom Apartments

Manzano

129-149 Manzano St NEAlbuquerque, NM 87108
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Skylight Apartments
2 Bedroom Apartments

Skylight Apartments

3410-3422 Vail Ave SEAlbuquerque, NM 87106
  • Utilities Included

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.

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134-136 Altez St NE
2 Bedroom Apartments

134-136 Altez St NE

134-136 Altez St NEAlbuquerque, NM 87123
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402 Cornell Dr SE
2 Bedroom Apartments

402 Cornell Dr SE

402-404 Cornell Dr SEAlbuquerque, NM 87106
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Uptown Gardens
2 Bedroom Apartments

Uptown Gardens

1113 Pennsylvania St NEAlbuquerque, NM 87110
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Grandview Apartments
2 Bedroom Apartments

Grandview Apartments

1100 Chelwood Park Blvd NEAlbuquerque, NM 87112
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Columbia Apartments
2 Bedroom Apartments

Columbia Apartments

205-209 Columbia Dr SEAlbuquerque, NM 87106
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Sawmill Lofts
2 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
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The Loop @950
2 Bedroom Apartments

The Loop @950

950 Louisiana Blvd SEAlbuquerque, NM 87108
  • Utilities Included

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

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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Don'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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The 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.

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Cash 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.

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Quick 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.

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Pet Friendly Lifestyle
South Valley, Albuquerque, NM

Ranked #3

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $799.

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 $838, while the average apartment in South Valley costs $2,500.

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 61 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 $128 which is $2,372 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

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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.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.