Homes for Rent in the South Valley Neighborhood of Albuquerque, NM Under $1,000 (25 Rentals)

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 2800 Vail Ave SE

$850 - $1,080

Studio To 1 Bedroom Rentals

Available Now

2800 Vail Ave SE

AlbuquerqueNM87106

Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City

Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.

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property at 636 640

$795 - $1,050

1 To 2 Bedroom Rentals

Available Now

636 640

AlbuquerqueNM87108

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

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Showing Results 1-25, Page 1 of 1

South Valley, Albuquerque, NM Local Guide

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.

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Real 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.

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Quick 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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Pet Friendly Lifestyle
South Valley, Albuquerque, NM

Ranked #2

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 1277 Apartments for Rent in South Valley, NM with pricing that ranges from $500 to $4,419. There are also 180 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Valley ranging from $695 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 $695 to $7,000 with an average monthly rent of $1,912.

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 $1,050 to $4,419, 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 $1,900 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

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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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Albuquerque Uncovered: Your Local Expert's 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.

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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.

decorative image for A Local Expert's Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

A Local Expert's 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.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.

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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.