
Cheap 2 Bedroom Apartments for Rent in the South Valley Neighborhood of Albuquerque, NM from $800 (164 Rentals)


128 General Arnold St NE

216 General Stilwell St NE

Total Monthly Price
Tesota Four Hills

324 Vermont St NE

Cloudview Terrace

The Twelve 601

132 Erbbe St NE

Casa Placida

Total Monthly Price
535 Texas St NE, Unit A
Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers
Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

2408 Chelwood Park Blvd NE, Unit D

The Loop at 950

Sandia Shadows

127 Tennessee St SE

Home @ Valencia

406 Louisiana Blvd NE

3508 Eastern Ave SE

Bluewater Village

12124 Indian School Rd NE

217 General Stilwell St NE
Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!
Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

12124 Menaul Blvd NE

1038 Palomas Dr SE

Vail Manor Apartments

The Ridge

520 Tennessee St NE

Cedars - Free Cable & Internet*

Cinnamon Tree Apartments

Manzano Vista

183 Monte Largo Dr NE

Las Brisas
Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.

Desert Park

Total Monthly Price
Tesota Midtown

12729 Dunes Rd SE

11117 Senac Pl NE

Zodiac Apartments

The Lanai Apartments

Total Monthly Price
Valley Apartments

1816 Mary Ellen St NE

1928 Buena Vista Dr SE

Total Monthly Price
Union 505
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.

916 San Pedro Dr SE

Casa de Sierra Senior Apartments

Four Seasons

Sunrise Apartments

Somerset Park

Executive West - Senior Community

Total Monthly Price
MOUNTAIN VISTA

Total Monthly Price
The June

Nova Ridge

Taylor Ridge Apartments
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.
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 | $846 | $645 | $1,800 |
| South Valley 1 Bedroom Apartments | $1,165 | $500 | $2,308 |
South Valley 2 Bedroom Apartments | $1,425 | $800 | $2,407 |
| South Valley 3 Bedroom Apartments | $1,841 | $1,033 | $5,525 |
| South Valley 4 Bedroom Apartments | $2,051 | $1,400 | $2,616 |
Browse Apartments in this Neighborhood
There are currently 164 rentals with your search options within a 2 mile radius of the South Valley Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
South Valley, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
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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.
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 #2
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 $775.
What is the price of a cheap apartment in South Valley?
The cheapest apartment in South Valley is General Stilwell which is listed at $835, while the average apartment in South Valley costs $1,199.
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 26 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 $242 which is $957 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.
Helpful Local Expert Guides

Your Guide to the Best Neighborhoods to Rent Near Albuquerque's Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.

Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

A Local Expert's 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.
Articles, How-To's, and Tips

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.