Last updated on October 19, 2026

Average rent in
South Valley, NM

Median rent

Median rent in South Valley

$1,488/mo

decreased by17%

vs previous year

The average rent in South Valley is $1,488 per month as of October 2026. This is 22% below the national average rent, or $412 less per month.

$1.42

average price per square foot

Total rentals

Available rentals in South Valley

14

for rent on Zumper.com as of October 2026

Rent price distribution

Share of South Valley rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in South Valley, NM, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in South Valley, NM

Average rent prices in South Valley have decreased by 35% over the last month and have decreased by 17% since last year.

Rent trends

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

Compare rent prices in South Valley, NM

Rent prices in South Valley vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in South Valley is $1,145, whereas a house costs $2,199. 1-bedroom apartments in South Valley run $1,050 on average, while 2-bedroom apartments are $1,195.

Listings

Studio

$825

-

No Change

1 bedroom

$1,095

No Change

-

2 bedroom

$1,121

6%

-

3 bedroom

$2,200

1%

35%

4 bedroom

$2,495

No Change

19%

Studio

Average rent

$825

Last year

No Change

1 bedroom

Average rent

$1,095

2 bedroom

Average rent

$1,121

Last 30 days

6%

3 bedroom

Average rent

$2,200

Last 30 days

1%

Last year

35%

4 bedroom

Average rent

$2,495

Last year

19%

The table above reflects average rent prices in South Valley, 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.

How does rent in South Valley, NM compare to other cities?

Compare median rent prices in South Valley and Albuquerque by all bedroom counts and property types.

South Valley

Median rent price$1,488
decreased by22%

lower than the national median

Median rent price$1,320
decreased by31%

lower than the national median

Takeaway

The median rent for all rentals in South Valley, NM is 13% higher than the median rent in Albuquerque, NM.

Discover rentals in South Valley, NM

305 Manuel Sanchez Pl Sw - Photo 1 of 1

5d+ ago

Vecinos Del Bosque house for rent in South Valley

4 beds

2.5 baths

$2,450

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

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Frequently asked questions for South Valley, 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 $1,488 per month as of October 17, 2026.

Is rent up or down in South Valley?

Average rent prices in South Valley have decreased by 35% over the last month and have decreased by 17% since last year.

How does South Valley rent compare to the national average?

Rent in South Valley is 22% below the national average, which means renters are paying approximately $412 less per month.

Which neighborhoods are most affordable in South Valley?

The most affordable neighborhoods in South Valley are Vecinos Del Bosque ($1,165/mo), Del Rio Acres ($1,200/mo), and Mountain View ($1,200/mo).

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

To comfortably afford rent in South Valley, you'd need to earn approximately $60,000/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).

Apartments for rent in Albuquerque