
Cheap Apartments for Rent in the South Valley Neighborhood of Albuquerque, NM from $435 (346 Rentals) Page 2 of 7
Search the lowest-cost Apartments available for rent right now in the South Valley area of Albuquerque.


Las Brisas

The Ridge

Peaks at Sandia View

Zocalo Lofts

Total Monthly Price
El Pueblo - Ultimate Urban Living

Sandia Shadows

The Beach

Total Monthly Price
Playa Del Sol

Arlo Apartments
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

1516 Tijeras Ave NE

127 Tennessee St SE

920 San Pedro Dr SE

Total Monthly Price
417 Stanford Dr SE, Unit cottageat4171/2StanfordDr.SE

Total Monthly Price
Siegel Select Albuquerque I

406 Louisiana Blvd NE

3508 Eastern Ave SE

Sunrise Apartments

Total Monthly Price
CRESTWOOD APARTMENTS

La Vida Nueva
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!

12124 Indian School Rd NE

217 General Stilwell St NE

12124 Menaul Blvd NE

1038 Palomas Dr SE

Somerset Park

520 Tennessee St NE

Total Monthly Price
Arrowhead Pointe

Alvarado Apartments

Total Monthly Price
MOUNTAIN VISTA

Villa Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

3209 Burton Ave SE

1212 Lead Ave SE

183 Monte Largo Dr NE

Three Fountains

Villa Serena Apartments

Desert Park

12729 Dunes Rd SE

SOMOS

Casa de Sierra Senior Apartments

Total Monthly Price
Tierra Linda
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.

La Vida Buena Apartments

11117 Senac Pl NE

Northpointe Village

Zodiac Apartments

1816 Mary Ellen St NE

20 Chama St NE

1313 Girard Blvd SE

1928 Buena Vista Dr SE

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The June

Total Monthly Price
The Reserve
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.
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 346 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 8915 Central NE which is listed at $679, 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.