Last updated on July 21, 2026

Average rent in
South Valley, NM

Median rent

Median rent in South Valley

$1,662/mo

decreased by4%

vs previous year

The average rent in South Valley is $1,662 per month as of July 2026. This is 15% below the national average rent, or $282 less per month.

$1.40

average price per square foot

Total rentals

Available rentals in South Valley

13

for rent on Zumper.com as of July 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 remained the same over the last month and have decreased by 4% 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 $975, whereas a house costs $2,000. 1-bedroom apartments in South Valley run $875 on average, while 2-bedroom apartments are $975.

Listings

Studio

$800

-

-

1 bedroom

$725

No Change

-

2 bedroom

$1,050

No Change

36%

3 bedroom

$1,900

1%

9%

4 bedroom

$2,395

No Change

18%

Studio

Average rent

$800

1 bedroom

Average rent

$725

2 bedroom

Average rent

$1,050

Last year

36%

3 bedroom

Average rent

$1,900

Last 30 days

1%

Last year

9%

4 bedroom

Average rent

$2,395

Last year

18%

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$1,662
decreased by15%

lower than the national median

Median rent price$1,295
decreased by33%

lower than the national median

Takeaway

The median rent for all rentals in South Valley, NM is 28% higher than the median rent in Albuquerque, NM.

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 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 $1,662 per month as of July 18, 2026.

Is rent up or down in South Valley?

Average rent prices in South Valley have remained the same over the last month and have decreased by 4% since last year.

How does South Valley rent compare to the national average?

Rent in South Valley is 15% below the national average, which means renters are paying approximately $282 less per month.

Which neighborhoods are most affordable in South Valley?

The most affordable neighborhoods in South Valley are Vecinos Del Bosque ($979/mo), Mountain View ($1,080/mo), and Anderson Farms ($1,095/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 $67,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in South Valley?

Based on our current listings, South Valley welcomes pet owners with 80% of available rentals being pet-friendly. With an average of 5 listings per month, this works out to about 4 pet-welcoming apartments available monthly.

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