
Cheap 3 Bedroom Apartments for Rent in the South Valley Neighborhood of Albuquerque, NM from $799 (4 Rentals)

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.
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

How much does it cost to rent an apartment in South Valley?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Valley Studio Apartments | $978 | $642 | $3,674 |
South Valley 1 Bedroom Apartments | $1,209 | $716 | $4,102 |
South Valley 2 Bedroom Apartments | $1,483 | $697 | $5,246 |
South Valley 3 Bedroom Apartments | $2,067 | $799 | $7,276 |
South Valley 4 Bedroom Apartments | $2,073 | $1,114 | $3,900 |
Explore Albuquerque
South Valley, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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.
Frequently Asked Questions about Cheap South Valley Apartments
What is the Cheapest Studio apartment in South Valley?
Currently the most affordable Cheap Studio Apartment in South Valley is at Canon de Arrowhead listed at $1,093.
How much is rent for a Cheap One Bedroom South Valley Apartment?
The lowest price for a Cheap One Bedroom South Valley Apartment is $1,093 at Canon de Arrowhead.
What is the lowest price for a Cheap Two Bedroom South Valley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Valley is starting from $1,093 at Canon de Arrowhead.
What is the most affordable South Valley Three Bedroom Apartment?
The best deal on a cheap South Valley Three Bedroom Apartment rental is at Canon de Arrowhead and starts from $1,093.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.