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

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Union 505
Rent Specials
$1,237 - $1,306
Total Monthly Price

Total Monthly Price

Base Rent
$838 - $2,243

Total Monthly Price
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2 Bedroom Apartments Available Now

Union 505

801 Locust Pl NEAlbuquerque, NM 87102
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The Reserve
Rent Specials
$1,241 - $1,364
Total Monthly Price

Total Monthly Price

Base Rent
$1,143 - $1,620

Total Monthly Price
Varies
2 Bedroom Apartments Available Now

The Reserve

1001 Tramway Blvd NEAlbuquerque, NM 87112
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The June
Rent Specials
$1,259 - $1,644
Total Monthly Price

Total Monthly Price

Base Rent
$1,047 - $1,644

Total Monthly Price
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2 Bedroom Apartments Available Now

The June

13150 Wenonah Ave SEAlbuquerque, NM 87123
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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!

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MOUNTAIN VISTA
Rent Specials
$1,300 - $1,624
Total Monthly Price

Total Monthly Price

Base Rent
$1,135 - $1,750

Total Monthly Price
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2 Bedroom Apartments Available Now

MOUNTAIN VISTA

1501 Tramway Blvd NEAlbuquerque, NM 87112
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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

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Glorieta
2 Bedroom Apartments

Glorieta

115-131 Glorieta St NEAlbuquerque, NM 87123
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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
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Pine St Studios
2 Bedroom Apartments

Pine St Studios

414 Pine St SEAlbuquerque, NM 87106
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Sunshine Apartments
2 Bedroom Apartments

Sunshine Apartments

1601-1621 Sunshine Ter Ave SEAlbuquerque, NM 87106
  • Utilities Included

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.

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4605 Gibson Blvd SE
2 Bedroom Apartments

4605 Gibson Blvd SE

4605 Gibson Blvd SEAlbuquerque, NM 87108
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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
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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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134-136 Altez St NE
2 Bedroom Apartments

134-136 Altez St NE

134-136 Altez St NEAlbuquerque, NM 87123
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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.

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Grandview Apartments
2 Bedroom Apartments

Grandview Apartments

1100 Chelwood Park Blvd NEAlbuquerque, NM 87112
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Uptown Gardens
2 Bedroom Apartments

Uptown Gardens

1113 Pennsylvania St NEAlbuquerque, NM 87110
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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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Aspen Ridge
2 Bedroom Apartments

Aspen Ridge

820 Louisiana Blvd SEAlbuquerque, NM 87108
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Canon de Arrowhead
2 Bedroom Apartments

Canon de Arrowhead

1700 Market St NWAlbuquerque, NM 87120
  • Utilities Included

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

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.