
Apartments for Rent in the South Valley Neighborhood of Albuquerque, NM Under $700 (64 Rentals)


Diamond Elite Luxury Townhomes

Home @ Valencia

Silver Gardens Apartments

448 Shorewood Dr NW

420 Charleston St SE

332 Grove St SE

2732 Mesilla St NE

3435 Smith Ave SE

308 Whispering Sands Ct SE
Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers
Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

510 Adams St NE

2404-2406 1/2 Dora Ave NW

1217-1223 Dr Martin Luther King Jr Ave NE

1207 Barelas Rd SW

1725 Paisano St Ne

217 Walter St NE

3409 Crest Ave SE

210 High St NE

332 Grove St SE

501 Texas Street NE
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1611 Gold Ave SE

328 Tennessee St SE

Lobo Rainforest

Columbian Apartments

1420 4th St NW

Warren Park Apartments

Warren Continental

Somerset Lofts

Manzano

1028 Alvarado Dr
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Tesota Four Hills South

200-206 Pennsylvania St NE

Sunshine Apartments

Columbia Apartments

Morris Townhome Apartments

Arcadia Courtyard

420 Jefferson St NE

1801 Coal Pl SE

Fair Plaza Apartments

1516 Tijeras Ave NE
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Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

Kachina Apartments

628-636 Morris St NE

219 Walter St NE

12353 Mountain Rd NE

Hacienda Norte Apartments

11101 Towner Ave NE

Donna Ann Apartments

1405 Gold Ave SE

Sunport Plaza Apartments

Patios - FREE Utilities+Standard Cable
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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 | $946 | $645 | $2,850 |
| South Valley 1 Bedroom Apartments | $1,142 | $500 | $2,598 |
| South Valley 2 Bedroom Apartments | $1,370 | $737 | $2,782 |
| South Valley 3 Bedroom Apartments | $1,719 | $1,120 | $4,276 |
| South Valley 4 Bedroom Apartments | $2,068 | $1,300 | $2,616 |
Browse Apartments in this Neighborhood
There are currently 64 rentals with your search options within a 2 mile radius of the South Valley Neighborhood of Albuquerque, NM.
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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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 South Valley
How much are Studio apartments in South Valley?
There are currently 585 Studio Apartments in South Valley with rent ranges from $645 to $2,850 with an average price of $946.
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 $500 to $2,598 with an average monthly rent of $1,142.
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 $737 to $2,782. Today's average rental price for Two Bedrooms here is $1,370.
How expensive are South Valley Three Bedroom Apartments?
There are currently 107 Three Bedroom Apartments listings available in South Valley on ApartmentHomeLiving.com. The pricing ranges from $1,120 to $4,276 - averaging $1,719 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.
Helpful Local Expert Guides

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.

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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.

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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.
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