
Apartments for Rent in the South Valley Neighborhood of Albuquerque, NM Under $2,000 (302 Rentals)


Diamond Mesa

The Reserve

Encanto at Mesa Del Sol

Union 505

Markana Uptown

Broadstone Nob Hill

Glo Apartments

MOUNTAIN VISTA

Lumen
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.

Tesota Four Hills

Villa Serena Apartments

Tesota Midtown

Northpointe Village

Uptown Square

The June

Alvarado Apartments

The Ridge

Landmark Apartments

Valley 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.

Casa de Sierra Senior Apartments

Zia Townhomes

Whispering Sands

Villa Apartments

Three Fountains

Monterey Place

Cinnamon Tree

Las Brisas
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!

FREE UTILITIES!! GREAT VIBES!!

Brio Sandia

University Village

The Artisan @ Sawmill Village

Arlo Apartments

Arrowhead Pointe

Pinewood Estates

ABQ Uptown Apartments

Somerset Park
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

The Beach

Cloudview Terrace Apartments

Citadel - Free Utilities

Lomas Gardens

Sunrise Apartments

Villa de San Felipe

1201 Palomas

The Portals 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.
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 | $1,120 | $674 | $2,133 |
| South Valley 1 Bedroom Apartments | $1,168 | $650 | $2,393 |
| South Valley 2 Bedroom Apartments | $1,406 | $800 | $3,827 |
| South Valley 3 Bedroom Apartments | $1,622 | $1,020 | $2,557 |
| South Valley 4 Bedroom Apartments | $2,106 | $1,300 | $2,895 |
Browse Apartments in this Neighborhood
There are currently 302 rentals with your search options within a 2 mile radius of the South Valley Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
South Valley, Albuquerque, NM Local Guide
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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 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 #3
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 South Valley
How much are Studio apartments in South Valley?
There are currently 582 Studio Apartments in South Valley with rent ranges from $674 to $2,133 with an average price of $1,120.
What is the current price range for One Bedroom South Valley Apartments for rent?
Today's rental pricing for One Bedroom Apartments in South Valley ranges from $650 to $2,393 with an average monthly rent of $1,168.
What does renting a Two Bedroom Apartment in South Valley cost?
The monthly rent prices of Two Bedroom Apartments currently available in South Valley range from $800 to $3,827. Today's average rental price for Two Bedrooms here is $1,406.
How expensive are South Valley Three Bedroom Apartments?
There are currently 109 Three Bedroom Apartments listings available in South Valley on ApartmentHomeLiving.com. The pricing ranges from $1,020 to $2,557 - averaging $1,622 for the location.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




