
Cheap Apartments for Rent in the South Valley Neighborhood of Albuquerque, NM from $435 (346 Rentals) Page 3 of 7
Search the lowest-cost Apartments available for rent right now in the South Valley area of Albuquerque.


Four Seasons

916 San Pedro Dr SE

Total Monthly Price
Valley Apartments

The Artisan @ Sawmill Village

Total Monthly Price
Nine-O-Nine Apartments

Total Monthly Price
1207 Barelas St SW

6005 Fortuna Rd NW

505 Central Lofts

Taylor Ridge Apartments
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.

13201 Fruit Ave NE

12120 Menaul Blvd NE

13401 Fruit Ave NE

Total Monthly Price
2311 New York Ave SW

1809 Girard Blvd SE

404 Cornell Dr SE

11715 Menaul Blvd NE, Unit A

Total Monthly Price
12113 Menaul Blvd NE, Unit 4

410 Harvard Dr SE, Unit 1

410 Harvard Dr SE, Unit C
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Nova View

Landmark Apartments

Total Monthly Price
8316 Trumbull Ave SE, Unit 8318 Trumbull Ave SE

Total Monthly Price
13208 Mountain Rd NE, Unit d

1316 Pennsylvania St NE

Warren Continental

Glorieta

Princeton Hall Apartments

3409 Crest Ave SE

417 Sycamore St SE
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.

Virginia Rose Apartments

3400 Crest Ave SE

209 Charleston St NE

436 Utah St NE

Warren Park Apartments

7900-7904 Trumbull Ave SE

126 Charleston St NE

123 53rd St NW

1420 4th St NW

Yucca House
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.

217 Walter St NE

Columbian Apartments

Patios - FREE Utilities+Standard Cable

Casa Del Rey Sur

Sunport Plaza Apartments

1405 Gold Ave SE

Donna Ann Apartments

1725 Paisano St Ne

1207 Barelas Rd SW

11101 Towner Ave NE
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.