
Homes for Rent in South Valley Neighborhood of Albuquerque, NM Under $1,500 (61 Rentals) Page 2 of 2


2018 Nancy St SW

2018 Nancy St

825 Palomas Dr SE

123 Walter St NE
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!

306 Stanford Dr SE

543 Cedar St SE

545 Cedar St SE

3500 Eastern Ave SE

332 Grove St 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

2732 Mesilla St NE
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 | $1,766 | $850 | $5,200 |
| South Valley 3 Bedroom Homes for Rent | $2,369 | $1,450 | $7,000 |
| South Valley 4 Bedroom Homes for Rent | $2,543 | $800 | $4,600 |
| South Valley 5 Bedroom Homes for Rent | $2,397 | $2,395 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 61 rentals with your search options within a 2 mile radius of the South Valley Neighborhood of Albuquerque, NM.
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Frequently Asked Questions about South Valley
What type of rentals are currently available in South Valley?
There are currently 1275 Apartments for Rent in South Valley, NM with pricing that ranges from $500 to $3,006. There are also 158 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 $1,887.
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 $1,000 to $3,006, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 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

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.

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.

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.