
Cheap Apartments for Rent in the South Valley Neighborhood of Albuquerque, NM from $400 (203 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Valley area of Albuquerque.


Loop @950

Cinnamon Tree

Encino Terrace Senior

1515 Copper Ave NE

1111 Amherst Dr SE

Marbella-Income Restricted Waitlist

The Villas @ Uptown

7600 Central Ave SE

536 Alcazar St SE

El Pueblo II Apartments

308 Vassar Dr SE

Adobe Manor Apartments

2443 De Vita Rd SW

Tierra Pointe

222 Maple St NE

Manzano Vista

Bluewater Village

Millennium Flats - Washer-Dryer Included

Silver Gardens Apartments

1028 Alvarado Dr SE

305 Wisconsin St NE

8620 Northeastern Blvd NE

Somerset Park

1210 Central Ave SW

Home @ Valencia

Union 505

9317 Central Ave

310 La Veta Dr

4211 Mesa Grande Pl SE

Cedars - Free Cable & Internet*

Nova Point

University Village

143 General Arnold St NE

Pinewood Estates

Tesota Four Hills

Portals

532 Madeira Dr SE

157 Mesilla St NE

The Beach

545 Cedar St SE

Lomas Gardens

Executive West - Senior Community

Arlo Apartments

Monterey Manor Apartments

Citadel - Free Utilities

8309 Trumbull Ave SE, Unit B

8309 Trumbull Ave SE

421 Indiana St SE

Las Brisas
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 | $969 | $599 | $3,159 |
South Valley 1 Bedroom Apartments | $1,209 | $680 | $4,385 |
South Valley 2 Bedroom Apartments | $1,480 | $697 | $4,086 |
South Valley 3 Bedroom Apartments | $1,935 | $799 | $5,782 |
South Valley 4 Bedroom Apartments | $2,708 | $1,300 | $6,804 |
Browse Apartments in this Neighborhood
There are currently 203 rentals with your search options within a 2 mile radius of the South Valley Neighborhood of Albuquerque, NM.
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South Valley, Albuquerque, NM Local Guide
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Cheapest Available South Valley Apartments for Rent
 The cheapest available apartment rental in the South Valley area of Albuquerque, NM is a Studio unit found at Cinnamon Tree priced from $700. The Villas @ Uptown has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable South Valley apartments for rent in Albuquerque, NM:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Cinnamon Tree | Studio | Studio,1BA | $700 |
The Villas @ Uptown | Studio Upgrade | Studio,1BA | $700 |
El Pueblo II Apartments | 1x1 | 1BR,1BA | $716 |
Adobe Manor Apartments | Studio | Studio,1BA | $725 |
1028 Alvarado Dr | 1 Beds, 1 Baths | 1BR,1BA | $725 |
Tierra Pointe | S1 | Studio,1BA | $729 |
210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $735 |
Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $740 |
Millennium Flats - Washer-Dryer Included | Studio | Studio,1BA | $740 |
Somerset Park | Studio | Studio,1BA | $768 |
Best Value Apartments for Rent in South Valley, NM
As of March 27, 2025 the best value apartment in the South Valley area is the $1.09 price per square foot 2 Beds, 1 bath Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,200. The second greatest value South Valley 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 Valley apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Taylor Ridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.09 |
Aspen Ridge | Three Bedroom Two Bath | 3BR,2BA | $1.02 |
Welcome Home To Rio Volcan! | 3 bedroom 2 bath | 3BR,2BA | $1.15 |
Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.10 |
Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.18 |
The Ridge | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.15 |
1038 Texas St NE, Unit A | 1038 Texas St NE | 2BR,1BA | $1.06 |
8309 Trumbull Ave SE, Unit B | 8309 Trumbull Ave SE | 2BR,1BA | $1.09 |
El Pueblo II Apartments | 1x1 | 1BR,1BA | $1.03 |
1028 Alvarado Dr | 1 Beds, 1 Baths | 1BR,1BA | $1.12 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleSouth Valley, Albuquerque, NM
Ranked #45
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Valley, Albuquerque, NM
School data provided by Great Schools
Best Local Schools in South Valley, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States, including Albuquerque. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, places that make kids happy, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
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 $768.
What is the price of a cheap apartment in South Valley?
The cheapest apartment in South Valley is El Pueblo II Apartments which is listed at $716, while the average apartment in South Valley costs $2,295.
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 997 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 $1,372 which is $923 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.

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.

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.

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.