Clear

Cheap Apartments for Rent in South Valley NM - 265 Rentals

2443 De Vita Rd SW Unit 4

2443 De Vita Rd SW Unit 4, Albuquerque, NM 87105
1 / 5
$700

1 Bed, 1 Bath
University Village

1901 University Blvd SE, Albuquerque, NM 87106
1 / 30

Matterport 3D Tours
$800 - $900

Studio, 1 Bath

Specials
Adobe Manor Apartments

7412 Central Ave SW, Albuquerque, NM 87121
1 / 4
$835 - $950

Studio, 1 Bath

Specials
The Beach

2525 Tingley Dr SW, Albuquerque, NM 87104
1 / 40

Matterport 3D Tours
$840 - $1,500

Studio - 3 Beds, 1-2.5 Baths
Villa de San Felipe

501 Coal Ave SW, Albuquerque, NM 87102
1 / 40

Matterport 3D Tours
$850 - $1,188

Studio - 2 Beds, 1-2 Baths
El Campo Apartments

5800 Central Ave SW, Albuquerque, NM 87105
1 / 38

Matterport 3D Tours
$875 - $950

1 Bed, 1 Bath
Zocalo Lofts

400 Coal Ave SW, Albuquerque, NM 87102
1 / 35
$900 - $2,495

Studio - 3 Beds, 1-2 Baths
707 12th St SW Unit 707A

707 12th St SW Unit 707A, Albuquerque, NM 87102
1 / 5
$995

1 Bed, 1 Bath
2443 De Vita Rd SW Unit 5

2443 De Vita Rd SW Unit 5, Albuquerque, NM 87105
1 / 5
$1,000

1 Bed, 1 Bath
2443 De Vita Rd SW Unit 6

2443 De Vita Rd SW Unit 6, Albuquerque, NM 87105
1 / 5
$1,000

1 Bed, 1 Bath
2443 De Vita Rd SW Unit 7

2443 De Vita Rd SW Unit 7, Albuquerque, NM 87105
1 / 5
$1,000

1 Bed, 1 Bath
2443 De Vita Rd SW Unit 8

2443 De Vita Rd SW Unit 8, Albuquerque, NM 87105
1 / 5
$1,000

1 Bed, 1 Bath
237 63rd St NW Unit D

237 63rd St NW Unit D, Albuquerque, NM 87105
1 / 5
$1,015

2 Beds, 1 Bath
921 Nashville Ave SW Unit 3

921 Nashville Ave SW Unit 3, Albuquerque, NM 87105
1 / 5
$1,050

1 Bed, 1 Bath
Taylor Ridge Apartments

1612 Goff Blvd SW, Albuquerque, NM 87105
1 / 27

Matterport 3D Tours
$1,200 - $1,300

2 Beds, 1 Bath
Diamond Mesa

2300 Diamond Mesa Trl SW, Albuquerque, NM 87121
1 / 76

Videos

Matterport 3D Tours
$1,344 - $6,898

1-4 Beds

Pets Allowed In Unit Washer & Dryer Stainless Steel Appliances Playground
2501 Barcelona Rd Unit 1

2501 Barcelona Rd Unit 1, Albuquerque, NM 87105
1 / 5
$1,395

3 Beds, 2 Baths
Monterey Place

2320 Central Ave SW, Albuquerque, NM 87104
1 / 39

Videos

Matterport 3D Tours
$1,400 - $1,706

1-2 Beds

Pets Allowed In Unit Washer & Dryer Walk-In Closets Stainless Steel Appliances Controlled Access Elevator
Paseo del Rio II

501 Poco Loco Dr SW, Albuquerque, NM 87105
1 / 27

Matterport 3D Tours
$1,400 - $1,600

1-2 Beds, 1-2 Baths
300 San Pasquale Ave NW Unit A

300 San Pasquale Ave NW Unit A, Albuquerque, NM 87104
1 / 5
$1,400

1 Bed, 1 Bath
873-895 Silver Ave SW

873-895 Silver Ave SW, Albuquerque, NM 87102
1 / 9
$1,450 - $1,650

1 Bed, 1 Bath
Encanto at Mesa Del Sol

2500 Bobby Foster Rd SE, Albuquerque, NM 87106
1 / 30

Videos

Matterport 3D Tours
$1,472 - $2,243

1-3 Beds

1 Month Free

Pets Allowed Fitness Center In Unit Washer & Dryer Microwave Stainless Steel Appliances EV Charging
416 Cromwell Ave SW Unit A

416 Cromwell Ave SW Unit A, Albuquerque, NM 87102
1 / 5
$1,500

1 Bed, 1 Bath
1206 Coal Ave SW Unit Coal -B

1206 Coal Ave SW Unit Coal -B, Albuquerque, NM 87102
1 / 5
$1,575

2 Beds, 1 Bath
Huning Castle Apartments

1500 Central Ave SW, Albuquerque, NM 87104
1 / 14

Matterport 3D Tours
$1,695 - $2,095

1-3 Beds

Pets Allowed Business Center Controlled Access Elevator
Sunport Luxury Townhomes

3003 Transport St SE, Albuquerque, NM 87106
1 / 36

Videos

Matterport 3D Tours
$1,699 - $2,499

3-5 Beds

Pets Allowed Walk-In Closets Stainless Steel Appliances Controlled Access Gated Elevator
950 4th St SW Unit 303

950 4th St SW Unit 303, Albuquerque, NM 87102
1 / 5
$1,700

1 Bed, 1 Bath
Broadstone Towne Center

1801 Gibson Blvd SE, Albuquerque, NM 87106
1 / 37

Matterport 3D Tours
$1,760 - $2,190

1-3 Beds, 1-3 Baths
1922 Rayo Del Sol Dr SW

1922 Rayo Del Sol Dr SW, Albuquerque, NM 87121
$1,800

3 Beds, 2.5 Baths
547 Adrian St SW

547 Adrian St SW, Albuquerque, NM 87121
1 / 5
$1,895

3 Beds, 2 Baths
547 Adrian St SW

547 Adrian St SW, Albuquerque, NM 87121
1 / 5
$1,895

3 Beds, 2 Baths
8401 Winter Sage Rd SW

8401 Winter Sage Rd SW, Albuquerque, NM 87121
1 / 5
$1,900

3 Beds, 2 Baths
823 Sunwest Dr SW

823 Sunwest Dr SW, Albuquerque, NM 87121
1 / 5
$1,950

4 Beds, 2 Baths
219 Stover Ave SW

219 Stover Ave SW, Albuquerque, NM 87102
1 / 5
$2,100

3 Beds, 1 Bath
3110 Del Rio Rd SW

3110 Del Rio Rd SW, Albuquerque, NM 87105
1 / 5
$2,100

3 Beds, 2 Baths
5448 Winchester Rd SW

5448 Winchester Rd SW, Albuquerque, NM 87121
1 / 5
$2,100

4 Beds, 2 Baths
1331 Park Ave SW

1331 Park Ave SW, Albuquerque, NM 87102
1 / 5
$2,175

2 Beds, 2 Baths
8512 Trotter Rd SW

8512 Trotter Rd SW, Albuquerque, NM 87121
1 / 5
$2,200

3 Beds, 2 Baths
6167 Red Rock Rd SW

6167 Red Rock Rd SW, Albuquerque, NM 87121
$2,225

4 Beds, 2.5 Baths
2435 Sorral Way SW

2435 Sorral Way SW, Albuquerque, NM 87121
1 / 12
$2,300

4 Beds, 2.5 Baths
Showing 40 of 53 Results - Page 1 of 2
1. 1
2. 2

New Mexico Bernalillo County South Valley

Find the Perfect South Valley, NM Apartment

Search by Bedrooms

Filter by Popular Amenities

Stay on Budget

Other Rental Types

Find Specialty Housing

Explore Homes for Sale

South Valley Homes for Sale

South Valley, NM Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments in South Valley. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that a smaller apartment of fewer amenities are a fair trade-off. On the other hand, if space, community amenities, or newer appliances matter more, you may want to expand your search farther from South Valley hot spots to find more affordable options.

Tips for Finding Cheap Apartments in South Valley NM

Rent prices in South Valley tend to be higher near the city center. For better deals, explore neighborhoods farther out where rents can be lower and apartment sizes may be larger. Look for areas with a higher number of available rental units — landlords with more vacancies are often more willing to offer incentives like lower rent or flexible lease terms. Keep an eye on listings for budget-friendly apartments that meet your core needs while offering a reasonable commute and access to the amenities you want.

Best Time to Find Cheap Apartments in South Valley NM

Timing your apartment search can make a big difference in securing a great deal. Apartments are typically cheaper during the winter months — December through March — when demand is lower. During this off-season, landlords may offer reduced rent, waived fees, or other specials to fill units quickly. Another smart time to search is at the end of the month, when lease turnover peaks and more units become available. Being flexible with your move-in timing could help you land a better price.

Cheap apartments in South Valley tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.