
Cheap Homes for Rent in South Valley Neighborhood of Albuquerque, NM from $500 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the South Valley area of Albuquerque.


406 15th St NW

4908 Burton Ave SE

300 Charleston St NE

336 Grove St SE

304 Texas St SE

1216 High St SE

202 San Pablo St SE

2408 Chelwood Park Blvd NE, Unit D

201 Vermont St NE, Unit B
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

608 Alcazar St SE

12822 Dorado Dr SE

921 Nashville Ave SW

704 Truman St NE

1825 Mary Ellen St NE

205 Ash St SE

12120 Menaul Blvd NE

2800 Vail Ave SE
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 | $2,175 | $795 | $5,500 |
South Valley 3 Bedroom Homes for Rent | $2,387 | $1,595 | $5,500 |
South Valley 4 Bedroom Homes for Rent | $3,341 | $1,950 | $10,000+ |
South Valley 5 Bedroom Homes for Rent | $2,125 | $2,125 | $2,125 |
South Valley 6 Bedroom Homes for Rent | $16,500 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 18 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 Sunport Luxury Townhomes priced from $499. Loop @950 has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here are the most affordable South Valley apartments for rent in Albuquerque, NM:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sunport Luxury Townhomes | Studio | Studio,1BA | $499 |
Loop @950 | 0x1 - 280 | Studio,1BA | $645 |
1028 Alvarado Dr | 1 Beds, 1 Baths | 1BR,1BA | $675 |
Nova Point | S1 - Studio | Studio,1BA | $700 |
The Villas @ Uptown | Studio Upgrade | Studio,1BA | $700 |
Best Value Apartments for Rent in South Valley, NM
As of April 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 2br apartment corner unit Model at Four Seasons starting at $1,100 with a $1.10 price per square foot in the Southeast 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. |
---|---|---|---|
Taylor Ridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.09 |
Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.10 |
The Ridge | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.18 |
Aspen Ridge | Two Bedroom Two Bath | 2BR,2BA | $1.20 |
328 Rhode Island (New) St NE | 2 bed/ 1 bath | 2BR,1BA | $1.24 |
200 Tennessee St NE, Unit 200 A | 200 Tennessee St NE | 2BR,1BA | $1.13 |
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 | $1.04 |
528 Charleston St SE, Unit 4 | 528 Charleston St SE | 1BR,1BA | $1.23 |
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Frequently Asked Questions about South Valley
What type of rentals are currently available in South Valley?
There are currently 1279 Apartments for Rent in South Valley, NM with pricing that ranges from $599 to $6,898. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Valley ranging from $550 to $16,500.
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 $550 to $16,500 with an average monthly rent of $4,124.
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 $799 to $6,782, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,253.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.