
Cheap 2 Bedroom Apartments for Rent in the South Valley Neighborhood of Albuquerque, NM from $800 (164 Rentals) Page 3 of 4


1033 Louisiana Blvd SE

453 Charleston St Se

Columbia Apartments

340 Pennsylvania St NE

Sawmill Lofts

Villa Nueva Senior Apartments

Canon de Arrowhead

143 Tennessee SE

8000 Grand Avenue NE
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

328 Rhode Island (New) St NE

Monte Largo

127 Tennessee St SE

627 Chama St SE

538 Ortiz SE

Modern Apartments with Great Amenities

Coyote Point

Casitas de Colores

12004 Phoenix Ave NE

Whispering Sands
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Gracey's Nation - Palomas Community

Santa Clara Apartments

919-923 Alvarado

Aspen Ridge

8200 Copper Ave NE

Generations at West Mesa

Continental Flats

10805 Towner Ave NE

12600 Dunes Rd SE

Volcanes Commons
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.

Madeira Flats- Utilities Included!

423 Dallas St SE

419 Dallas St SE

Great Sixplex Near UNM Campus

1030-1040 Truman

500-504 Ortiz Dr SE

560 60th St NW

Mountain View II Apartments

420 Rhode Island St SE

Aspen Plaza
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.

1119 Edith Blvd SE

The Columns at Alvarado

Pine Park Apartments

Marbella-Income Restricted Waitlist

Welcome Home To Rio Volcan!

Madeira Court

Farolito Senior Apartments

Copperfield

The Valencia

Mission Hill Apartments
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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
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
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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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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.