
Cheap 2 Bedroom Apartments for Rent in the South Valley Neighborhood of Albuquerque, NM from $800 (143 Rentals) Page 2 of 3


La Vida Nueva

Total Monthly Price
Union 505

Total Monthly Price
The Reserve

928 San Pedro Dr SE

936 San Pedro Dr SE

Total Monthly Price
12001 Phoenix Ave NE, Unit B, Unit B

12244 Menaul Blvd NE

Arlo Apartments

Total Monthly Price
The June
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!

La Vida Buena Apartments

Peaks at Sandia View

Panorama Heights

Total Monthly Price
MOUNTAIN VISTA

Executive West - Senior Community

Imperial

Northpointe Village

Total Monthly Price
Nine-O-Nine Apartments

118 Princeton Dr SE

Northeastern
Check Out Albuquerque’s Best Affordable Neighborhoods
Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

Total Monthly Price
12229 Menaul Blvd NE, Unit B, Unit B

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
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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
Navigating 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.

Grandview Apartments

Uptown Gardens

1606-1612 Coal Ave SE

Villa Nueva Senior Apartments

Columbia Apartments

Sawmill Lofts

Aspen Ridge

Canon de Arrowhead

328 Rhode Island St NE

105 General Arnold St NE
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 | $1,040 | $645 | $2,398 |
| South Valley 1 Bedroom Apartments | $1,165 | $500 | $2,497 |
South Valley 2 Bedroom Apartments | $1,454 | $800 | $5,442 |
| South Valley 3 Bedroom Apartments | $1,692 | $923 | $2,500 |
| South Valley 4 Bedroom Apartments | $2,328 | $1,300 | $2,602 |
Explore Albuquerque
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 $795.
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 $862, 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 63 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 $142 which is $2,358 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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.