2800 Vail Ave SE
AlbuquerqueNM87106
Cheap Homes for Rent near South Valley, NM from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in South Valley.
1216 High St SE
AlbuquerqueNM87102
1812 Buena Vista Dr SE
AlbuquerqueNM87106
1311 Barelas Rd SW
AlbuquerqueNM87102
212 65th St NW
AlbuquerqueNM87105
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
5323 Red Mesa Ave SW
AlbuquerqueNM87105
1140 Yerba Rd SW
AlbuquerqueNM87121
9623 Gemstone Rd SW
AlbuquerqueNM87121
219 Stover Ave SW
AlbuquerqueNM87102
3904 Avalon Rd NW
AlbuquerqueNM87105
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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South Valley, NM Local Guide
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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 | $1,995 | $1,995 | $1,995 |
| South Valley 3 Bedroom Homes for Rent | $2,058 | $1,800 | $3,000 |
| South Valley 4 Bedroom Homes for Rent | $2,400 | $1,850 | $4,500 |
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South Valley, NM Local Guide
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Cheapest Available South Valley Apartments for Rent and Nearby
The cheapest available apartment rental in South Valley, NM is a Studio unit found at Diamond Elite Luxury Townhomes in the Southwest Quadrant neighborhood priced from $699. Vail Manor Apartments in the Southeast Heights neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here is today’s list of the most affordable South Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Diamond Elite Luxury Townhomes | Studio/1 Bath | Studio,1BA | $699 |
| Vail Manor Apartments | Studio | Studio,1BA | $790 |
| Sage at 601 | 0 x 1 A | Studio,1BA | $799 |
Best Value Apartments for Rent in South Valley, NM and Nearby
As of August 22, 2026 the best value apartment in the South Valley area is the $1.27 price per square foot 5 Bed/5 Bath TH Model at Diamond Elite Luxury Townhomes in the in the Southwest Quadrant neighborhood starting from $2,500. The second greatest value South Valley apartment is the Three Bedroom Model at Taylor Ridge Apartments starting at $1,600 with a $1.28 price per square foot in the Southwest 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. |
|---|---|---|---|
| Diamond Elite Luxury Townhomes | 5 Bed/5 Bath TH | 5BR,5BA | $1.27 |
| Taylor Ridge Apartments | Three Bedroom | 3BR,2BA | $1.28 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.15 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.76 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.68 |
| Zodiac Apartments | 2BR/1.0BA | 2BR,1BA | $1.57 |
| Tierra Linda | A1 | 1BR,1BA | $1.61 |
| CRESTWOOD APARTMENTS | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.63 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
| 2121 Gold Ave SE | 2121 Gold Street SE - Unit 13 | 1BR,1BA | $1.70 |
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.
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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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Frequently Asked Questions about South Valley
What type of rentals are currently available in South Valley?
There are currently 31 Apartments for Rent in South Valley, NM with pricing that ranges from $599 to $2,725. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Valley ranging from $800 to $4,500.
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 $800 to $4,500 with an average monthly rent of $1,951.
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 $1,150 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,850 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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.