
Cheap Studio Apartments for Rent in the South Valley Neighborhood of Albuquerque, NM from $620 (60 Rentals)


The Loop @950

Cinnamon Tree

Encino Terrace Senior

The Villas @ Uptown

FREE UTILITIES!! GREAT VIBES!!

208 High St NE

401 14th St NW

Madeira Court

Citadel - Free Utilities
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

University Village

Nova Point Gated Community

La Vida Nueva

3209 Burton Ave SE

Total Monthly Price
Union 505

Millennium Flats

Cedars - Free Cable & Internet*

The Beach

Total Monthly Price
El Pueblo - Ultimate Urban Living

Silver Gardens Apartments
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.

Villa de San Felipe

Executive West - Senior Community

Total Monthly Price
Tierra Pointe

Silver Moon Lodge

Imperial

Zocalo Lofts

Alvarado Apartments

Total Monthly Price
3715 Simms Ave SE, Unit Unit A

505 Central Lofts

Mehran Lofts - Gold Avenue Realty, LLC
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.

Warren Continental

Princeton Hall Apartments

Sunport Plaza Apartments

328 Tennessee St SE

1611 Gold Ave SE

Los Altos Lofts

Nova Peak

Nova Ridge

210 High St NE

University Studio Apartments
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.

760 Juan Tabo Blvd NE

Hilltop House

Alvarado Apartments

Downtown @ 700

ABQ Encore

2121 Gold Ave SE

Casa dos Santos

Continental Arms Apartments: Charming Gated Community

Uptown Horizon

Adobe Manor Apartments
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 | $1,057 | $620 | $2,185 |
| South Valley 1 Bedroom Apartments | $1,163 | $714 | $2,443 |
| South Valley 2 Bedroom Apartments | $1,439 | $771 | $3,906 |
| South Valley 3 Bedroom Apartments | $1,656 | $982 | $2,646 |
| South Valley 4 Bedroom Apartments | $2,003 | $1,300 | $2,847 |
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South Valley, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
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The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleSouth Valley, Albuquerque, NM
Ranked #2
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Valley, Albuquerque, NM
School data provided by Great Schools
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 $799.
What is the price of a cheap apartment in South Valley?
The cheapest apartment in South Valley is The Loop @950 which is listed at $645, while the average apartment in South Valley costs $1,989.
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 70 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 $121 which is $1,868 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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.