
Cheap 2 Bedroom Apartments for Rent in the South Valley Neighborhood of Albuquerque, NM from $697 (51 Rentals)


3430 Eastern Ave SE

532 Madeira Dr SE

3422 Eastern Ave SE

Tesota Four Hills

8309 Trumbull Ave SE

8309 Trumbull Ave SE, Unit B

421 Indiana St SE

Manzano Vista

Bluewater Village

Casa Placida

608 Alcazar St SE

336 Pennsylvania St NE

Las Brisas

Loop @950

308 General Marshall St NE

627 Chama St SE

370 Atrisco Dr SW

Villa de San Felipe

12108 Indian School Rd NE

Cedars - Free Cable & Internet*

209 Hanosh Ct SE

179 Monte Largo Dr NE

1033 Louisiana Blvd SE

Patios - FREE Utilities+Standard Cable
South Valley, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in South Valley?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Valley Studio Apartments | $936 | $599 | $3,284 |
South Valley 1 Bedroom Apartments | $1,211 | $600 | $4,120 |
South Valley 2 Bedroom Apartments | $1,474 | $697 | $4,215 |
South Valley 3 Bedroom Apartments | $1,993 | $799 | $5,808 |
South Valley 4 Bedroom Apartments | $2,246 | $1,114 | $5,068 |
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South Valley, Albuquerque, NM Local Guide
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Quick Rent Budget Calculator
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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.
Frequently Asked Questions about Cheap South Valley Apartments
What is a cheap apartment in South Valley?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Valley is under $750.
What is the price of a cheap apartment in South Valley?
The cheapest apartment in South Valley is Cinnamon Tree which is listed at $908, while the average apartment in South Valley costs $2,249.
What types of apartments are the cheapest in South Valley?
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 23 regular apartments in South Valley 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 Valley?
Cheap apartments in South Valley have an average cost of $191 which is $2,058 cheaper than the average rent for all rentals in South Valley.
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.

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.

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.

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.

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.