Cheap Homes for Rent in South Valley Neighborhood of Albuquerque, NM from $700 (43 Rentals)

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Search the lowest-cost Homes available for rent right now in the South Valley area of Albuquerque.

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South Valley, Albuquerque, NM Local Guide

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 Brandywood Park - FREE Utilities priced from $699. El Pueblo II Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $716. Here are the most affordable South Valley apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Brandywood Park - FREE UtilitiesSailor's Studio - FREE UtilitiesStudio,1BA$699
El Pueblo II Apartments1x11BR,1BA$716
Loop @9500x1 - 410Studio,1BA$725
Nova RidgeS1Studio,1BA$725
Silver Gardens Apartments1 Bedroom (50%)1BR,1BA$740
Millennium Flats - Washer-Dryer IncludedStudioStudio,1BA$740
ABQ EncoreStudioStudio,1BA$750
Home @ Valencia1bd/1ba1BR,1BA$750
The Villas @ Uptown– Studio / 1 Bath Apartment in Uptown Location...Studio,1BA$753
Nova PointS1 - StudioStudio,1BA$775

Best Value Apartments for Rent in South Valley, NM

As of August 03, 2025 the best value apartment in the South Valley area is the $1.00 price per square foot Two Bedroom One Bath Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,200. The second greatest value South Valley apartment is the Two Bedroom, Two Bath Model at Northeastern starting at $1,395 with a $1.33 price per square foot in the Northeast Quadrant neighborhood. Here is today’s list of the best values for South Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Taylor Ridge ApartmentsTwo Bedroom One Bath2BR,1BA$1.00
NortheasternTwo Bedroom, Two Bath2BR,2BA$1.33
Four Seasons2br apartment corner unit2BR,1BA$1.10
Nova ViewB22BR,1BA$1.28
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Aspen RidgeTwo Bedroom Two Bath2BR,2BA$1.17
Tesota Four HillsB1R2BR,1BA$1.27
Mission Hill ApartmentsThe Cottonwood1BR,1BA$1.29
Lomas Gardens1BR/1.0BA1BR,1BA$1.19
El Pueblo II Apartments1x11BR,1BA$1.03

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Frequently Asked Questions about South Valley

What type of rentals are currently available in South Valley?

There are currently 1246 Apartments for Rent in South Valley, NM with pricing that ranges from $625 to $82,500. There are also 187 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Valley ranging from $750 to $16,500.

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 $750 to $16,500 with an average monthly rent of $4,323.

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 $799 to $6,719, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,925 and Four Bedroom Apartments start at $1,300.

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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.