2732 Mesilla St NE
AlbuquerqueNM87110
Cheap Homes for Rent in South Valley Neighborhood of Albuquerque, NM from $600 (42 Rentals)
Search the lowest-cost Homes available for rent right now in the South Valley area of Albuquerque.
545 Cedar St SE
AlbuquerqueNM87106
543 Cedar St SE
AlbuquerqueNM87106
3500 Eastern Ave SE
AlbuquerqueNM87106
20 Chama St NE
AlbuquerqueNM87108
236 1/2 Vermont St NE
AlbuquerqueNM87108
825 Palomas Dr SE
AlbuquerqueNM87108
131 General Arnold St NE
AlbuquerqueNM87123
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
520 Indiana St SE
AlbuquerqueNM87108
2018 Nancy St
AlbuquerqueNM87105
233 Tennessee St NE
AlbuquerqueNM87108
2018 Nancy St SW
AlbuquerqueNM87105
332 Grove St SE
AlbuquerqueNM87108
308 Virginia St NE
AlbuquerqueNM87108
400 Georgia St SE
AlbuquerqueNM87108
312 Grove St NE
AlbuquerqueNM87108
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.
310 Charleston St SE
AlbuquerqueNM87108
1216 High St SE
AlbuquerqueNM87102
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$9001 Bedroom Apartments Available Now
242 Wisconsin St NE, Unit 242 Wisconsin St NE Apt. A
242 Wisconsin St NEAlbuquerque, NM 87108
2408 Chelwood Park Blvd NE, Unit D
2408 Chelwood Park Blvd NE
AlbuquerqueNM87112
201 Vermont St NE, Unit B
201 Vermont St NE
AlbuquerqueNM87108
1212 Chelwood Park Blvd NE
AlbuquerqueNM87112
116 Maple St SE
AlbuquerqueNM87106
110 Mesa St SE
AlbuquerqueNM87106
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.
2905 San Rafael Ave SE
AlbuquerqueNM87106
132 General Arnold St NE
AlbuquerqueNM87123
300 Tijeras Ave NE
AlbuquerqueNM87102
636 640
AlbuquerqueNM87108
1325 Tapia Blvd SW
AlbuquerqueNM87105
2440 Rose Ave NW
AlbuquerqueNM87104
13515 Copper Ave NE
AlbuquerqueNM87123
8200 Copper Ave NE
AlbuquerqueNM87108
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.
419 Dallas St SE
AlbuquerqueNM87108
423 Dallas St SE
AlbuquerqueNM87108
921 Nashville Ave SW
AlbuquerqueNM87105
420 Rhode Island St SE
AlbuquerqueNM87108
2800 Vail Ave SE
AlbuquerqueNM87106
404 Dartmouth Dr SE
AlbuquerqueNM87106
225 Hanosh Ct SE
AlbuquerqueNM87123
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$1,2002 Bedroom Apartments Available Now
13409 St, Unit A
13409 StAlbuquerque, NM 87123
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.
1415 Chelwood Park Blvd NE
AlbuquerqueNM87112
1601 Pennsylvania St NE
AlbuquerqueNM87110
Showing Results 1-42, Page 1 of 1
South Valley, Albuquerque, NM Local Guide
How much does it cost to rent a home in South Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Valley 2 Bedroom Homes for Rent | $1,908 | $800 | $5,200 |
| South Valley 3 Bedroom Homes for Rent | $2,550 | $1,600 | $7,000 |
| South Valley 4 Bedroom Homes for Rent | $2,398 | $800 | $4,600 |
Browse Homes for Rent in this Neighborhood
There are currently 42 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
- Nearby Albuquerque neighborhoods
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Cheapest Available South Valley Apartments for Rent
The cheapest available apartment rental in the South Valley area of Albuquerque, NM is a Studio unit found at The Loop @ 950 priced from $645. Home @ Valencia has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable South Valley apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Loop @ 950 | 0x1 - 280 | Studio,1BA | $645 |
| Home @ Valencia | 1bd/1ba | 1BR,1BA | $695 |
| Diamond Elite Luxury Townhomes | Studio/1 Bath | Studio,1BA | $699 |
| 210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $700 |
| Juniper Flats | Arroyo | Studio,1BA | $700 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
| Encino Terrace Senior | Studio | Studio,1BA | $720 |
| Nova Ridge | S1 | Studio,1BA | $725 |
| Villa De San Felipe | 0 x 1 C | Studio,1BA | $749 |
| 433-437 Louisiana Blvd SE | 1 Beds, 1 Baths | 1BR,1BA | $750 |
Best Value Apartments for Rent in South Valley, NM
As of June 12, 2026 the best value apartment in the South Valley area is the $1.08 price per square foot Three Bedroom Two Bath Model at Aspen Ridge in the in the South San Pedro neighborhood starting from $1,184. The second greatest value South Valley apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,150 with a $1.15 price per square foot in the Southeast Quadrant neighborhood. Here is today’s list of the best values for South Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aspen Ridge | Three Bedroom Two Bath | 3BR,2BA | $1.08 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.15 |
| 200 Tennessee St NE, Unit 200 A | 200 Tennessee St NE | 1BR,1BA | $0.94 |
| Cloudview Terrace | 2Bd/1Bath LOFT | 2BR,1BA | $1.08 |
| 147 General Arnold St NE, Unit 4 | 147 General Arnold St NE | 1BR,1BA | $1.15 |
| 535 Texas St NE, Unit C | 535 Texas St NE | 2BR,1BA | $1.20 |
| The Twelve 601 | 1BR/1.0BA | 1BR,1BA | $1.09 |
| The Portals Apartments | A1 | 1BR,1BA | $1.14 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| Tennessee Street | 2 Beds, 1 Baths | 2BR,1BA | $1.19 |
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 Article
Don'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 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.
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If you’re an expert on all things South Valley, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleSouth Valley, Albuquerque, NM
Ranked #4
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
What type of rentals are currently available in South Valley?
There are currently 1274 Apartments for Rent in South Valley, NM with pricing that ranges from $500 to $3,003. There are also 165 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Valley ranging from $650 to $7,000.
What is the current price range for Rental Homes in South Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Valley ranges from $650 to $7,000 with an average monthly rent of $1,879.
How much are larger Three and Four Bedroom Rentals in South Valley?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Valley range from $1,025 to $3,003, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $7,000. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $1,300.
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
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.
The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
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.
Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
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.
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.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.