Cheap Apartments for Rent in the South San Pedro Neighborhood of Albuquerque, NM from $500 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South San Pedro area of Albuquerque.

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Yucca House
1 Bedroom Apartments

Yucca House

1015 Valencia Dr SEAlbuquerque, NM 87108
  • Utilities Included
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Casa Del Rey Sur
1 Bedroom Apartments

Casa Del Rey Sur

112 Cardenas Dr NEAlbuquerque, NM 87108
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1028 Alvarado Dr
1 Bedroom Apartments

1028 Alvarado Dr

1028 Alvarado DrAlbuquerque, NM 87108
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517 Kentucky St SE
2 Bedroom Apartments

517 Kentucky St SE

517 Kentucky St SEAlbuquerque, NM 87108
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Casa dos Santos
Studio Apartments

Casa dos Santos

520 Ortiz Dr SEAlbuquerque, NM 87108
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Cornerstone Apartments
1 to 2 Bedroom Apartments

Cornerstone Apartments

6231 Gibson Blvd SEAlbuquerque, NM 87108
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El Pueblo
Studio Apartments

El Pueblo

1001 Madeira Dr SEAlbuquerque, NM 87108
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1201 Palomas
1 Bedroom Apartments

1201 Palomas

1201-1229 Palomas Dr SEAlbuquerque, NM 87108

South San Pedro, Albuquerque, NM Local Guide

Cheapest Available South San Pedro Apartments for Rent

 

The cheapest available apartment rental in the South San Pedro area of Albuquerque, NM is a Studio unit found at Cinnamon Tree priced from $700. 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 San Pedro apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Cinnamon TreeStudioStudio,1BA$700
El Pueblo II Apartments1x11BR,1BA$716
1028 Alvarado Dr1 Beds, 1 Baths1BR,1BA$725
Somerset ParkStudioStudio,1BA$768
Home @ Valencia1bd/1ba1BR,1BA$775
Nova PointS1 - StudioStudio,1BA$800
El PuebloStudioStudio,1BA$872
Madeira Flats- Utilities Included!FREE UTILITIES!1BR,1BA$875
Las Brisas1 Bed, 1 Bath1BR,1BA$897
444 Florida Playa del Sol1 Bedroom / 1 Bath1BR,1BA$899

Best Value Apartments for Rent in South San Pedro, NM

As of March 26, 2025 the best value apartment in the South San Pedro area is the $1.31 price per square foot 2x2_1200 Model at Landmark Apartments in the in the Uptown Albuquerque neighborhood starting from $1,575. The second greatest value South San Pedro apartment is the Three Bedroom Two Bath Model at Aspen Ridge starting at $1,123 with a $1.02 price per square foot in the University Heights neighborhood. Here is today’s list of the best values for South San Pedro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Landmark Apartments2x2_12002BR,2BA$1.31
Aspen RidgeThree Bedroom Two Bath3BR,2BA$1.02
1033 Alvarado Dr SE, Unit 1033 Alvarado Dr SE1033 Alvarado Dr SE2BR,1BA$1.44
1200 Madeira2 BD 1.5 Bath2BR,1.5BA$1.47
El Pueblo II Apartments1x11BR,1BA$1.03
Madeira Flats- Utilities Included!FREE UTILITIES!1BR,1BA$1.30
Las Brisas1 Bed, 1 Bath1BR,1BA$1.36
1028 Alvarado Dr1 Beds, 1 Baths1BR,1BA$1.12
Peaks at Sandia View1x1-6381BR,1BA$1.45
Home @ Valencia1bd/1ba1BR,1BA$1.41

Quick Rent Budget Calculator

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for Central Albuquerque, NM. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the South San Pedro Neighborhood in Albuquerque, NM

Walk Score®

76 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

79 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

43 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap South San Pedro Apartments

What is a cheap apartment in South San Pedro?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South San Pedro is under $899.

What is the price of a cheap apartment in South San Pedro?

The cheapest apartment in South San Pedro is El Pueblo II Apartments which is listed at $716, while the average apartment in South San Pedro costs $1,495.

What types of apartments are the cheapest in South San Pedro?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 74 regular apartments in South San Pedro that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South San Pedro?

Cheap apartments in South San Pedro have an average cost of $842 which is $653 cheaper than the average rent for all rentals in South San Pedro.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.