
Apartments for Rent in the South Valley Neighborhood of Albuquerque, NM Under $700 (56 Rentals)


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509 Girard Terrace Apartments

Encino Terrace Senior

1516 Carlisle Blvd SE, Unit A

5915 Gibson Blvd SE, Unit 214

608 San Pablo St SE, Unit B
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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.

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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!

Sunport Plaza Apartments

7900-7904 Trumbull Ave SE
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
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 | $930 | $600 | $2,306 |
South Valley 1 Bedroom Apartments | $1,375 | $559 | $10,000+ |
South Valley 2 Bedroom Apartments | $1,407 | $850 | $3,678 |
South Valley 3 Bedroom Apartments | $1,678 | $1,020 | $2,500 |
South Valley 4 Bedroom Apartments | $2,349 | $1,300 | $3,400 |
Browse Apartments in this Neighborhood
There are currently 56 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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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 #34
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 581 Studio Apartments in South Valley with rent ranges from $600 to $2,306 with an average price of $930.
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 $559 to $82,500 with an average monthly rent of $1,375.
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 $850 to $3,678. Today's average rental price for Two Bedrooms here is $1,407.
How expensive are South Valley Three Bedroom Apartments?
There are currently 102 Three Bedroom Apartments listings available in South Valley on ApartmentHomeLiving.com. The pricing ranges from $1,020 to $2,500 - averaging $1,678 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

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

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.