Cheap Apartments for Rent in the South Valley Neighborhood of Albuquerque, NM from $400 (198 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in the South Valley area of Albuquerque.

Zocalo Lofts

Casa Placida

Nova View

209 Texas St NE

147 General Arnold St NE, Unit 4

528 Charleston St SE, Unit 3

Volcanes Commons

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

1201 Palomas

Somerset Park

Arrowhead Pointe

Pinewood Estates

500 Tennessee St SE

845 Louisiana Blvd SE

237 Chama St NE

13205 Mountain Rd NE

12116 Indian School Rd NE

Sunrise 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.

Three Fountains

5501 Bell Ave SE

1335 Ortiz Dr SE

Farolito Senior Apartments

Tesota Midtown

1405 Cardenas Dr SE

225 63rd St NW

The June

Panorama Heights

Alvarado Apartments
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.

Peaks at Sandia View

1117 Louisiana Blvd SE

505 Central Lofts

520 Tennessee St NE

Princeton Hall Apartments

7900-7904 Trumbull Ave SE

Patios - FREE Utilities+Standard Cable
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 | $1,169 | $674 | $2,133 |
| South Valley 1 Bedroom Apartments | $1,170 | $695 | $2,393 |
| South Valley 2 Bedroom Apartments | $1,419 | $835 | $3,961 |
| South Valley 3 Bedroom Apartments | $1,690 | $1,020 | $3,195 |
| South Valley 4 Bedroom Apartments | $2,035 | $1,300 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 198 rentals with your search options within a 2 mile radius of the South Valley Neighborhood of Albuquerque, NM.
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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 Home @ Valencia which is listed at $695, 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 58 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 $122 which is $2,378 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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.














