Last updated on September 18, 2026

Average rent in
University of New Mexico, NM

Median rent

Median rent in South Valley

$1,300/mo

increased by9%

vs previous year

The average rent in South Valley is $1,300 per month as of September 2026. This is 32% below the national average rent, or $600 less per month.

$1.36

average price per square foot

Total rentals

Available rentals in South Valley

628

for rent on Zumper.com as of September 2026

Rent price distribution

Share of South Valley rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in University of New Mexico, NM

Average rent prices in South Valley have increased by 9% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in University of New Mexico, NM

Rent prices in South Valley vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in South Valley is $1,142, whereas a house costs $2,045. 1-bedroom apartments in South Valley run $1,039 on average, while 2-bedroom apartments are $1,200.

Listings

Studio

$805

-

9%

1 bedroom

$1,029

-

5%

2 bedroom

$1,275

-

8%

3 bedroom

$1,995

-

16%

4 bedroom

$2,400

-

-

Studio

Average rent

$805

Last year

9%

1 bedroom

Average rent

$1,029

Last year

5%

2 bedroom

Average rent

$1,275

Last year

8%

3 bedroom

Average rent

$1,995

Last year

16%

4 bedroom

Average rent

$2,400

The table above reflects average rent prices in University of New Mexico, NM, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Discover rentals in University of New Mexico, NM

The Courtyards - Photo 1 of 1

5d+ ago

8.3

Very good

The Courtyards

6001 Topke Pl Ne, Albuquerque, NM 87109

1–3 beds

1–2 baths

$580–$970

110 Charleston St Se #3 - Photo 1 of 1

5d+ ago

Trumbull Village apartment for rent in Albuquerque

110 Charleston St Se #3, Albuquerque, NM 87108

1 bed

1 bath

$625

The Loop @ 950 - Photo 1 of 1

51m ago

9.9

Excellent

Our team has verified this company

Verified

The Loop @ 950

950 Louisiana Blvd Se, Albuquerque, NM 87108

Studio–2 beds

1 bath

$645–$1,000

Price drop

Call

8915 Central NE - Photo 1 of 1

1d ago

8.2

Very good

8915 Central NE

8915 Central Ave Ne, Albuquerque, NM 87123

1 bed

1 bath

$679

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for University of New Mexico, NM

Quick answers to common questions about the South Valley rental market.

How much is rent in South Valley?

The average rent in South Valley is $1,300 per month as of September 12, 2026.

Is rent up or down in South Valley?

Average rent prices in South Valley have increased by 9% since last year.

How does South Valley rent compare to the national average?

Rent in South Valley is 32% below the national average, which means renters are paying approximately $600 less per month.

What salary do I need to afford rent in South Valley?

To comfortably afford rent in South Valley, you'd need to earn approximately $52,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Wintergreen Apartments