
Cheap Apartments for Rent in the South Valley Neighborhood of Albuquerque, NM from $435 (346 Rentals) Page 4 of 7
Search the lowest-cost Apartments available for rent right now in the South Valley area of Albuquerque.


12353 Mountain Rd NE

219 Walter St NE

628-636 Morris St NE

Kachina Apartments

Fair Plaza Apartments

328 Tennessee St SE

1801 Coal Pl SE

Sunshine Apartments

Columbia Apartments

420 Jefferson St NE

Arcadia Courtyard

200-206 Pennsylvania St NE

Morris Townhome Apartments

Tesota Four Hills South

510 Adams St NE

2404-2406 1/2 Dora Ave NW

1028 Alvarado Dr

1611 Gold Ave SE

8915 Central NE

308 Whispering Sands Ct SE

501 Texas Street NE

3435 Smith Ave SE

332 Grove St SE

Manzano

Somerset Lofts

8th Street NW-601

Sun Apartments

El Sol

Los Altos Lofts

210 High St NE

University Studio Apartments

760 Juan Tabo Blvd NE

Nova Peak Gated Community

433-437 Louisiana Blvd SE

1230 Katie St NE

1203 Barelas Rd SW

217 Harvard Dr SE

545 Cedar St SE

Sunset Apartments

Sawmill Lofts

Hilltop House

Chelwood Apartments

1300 Pennsylvania St NE

Alvarado Apartments

Villa Nueva Senior Apartments

Mesa Hills Senior Living

Espanola Apartments

Canon de Arrowhead

Downtown @ 700
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.
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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 $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
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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
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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
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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.