Rentometer, Inc. | Data as of 10/23/2025
South Valley, nestled just south of Albuquerque in New Mexico, offers a blend of suburban charm and easy access to urban amenities. Residents enjoy a relaxed atmosphere framed by the Rio Grande and a mix of historic homes, newer developments, and open green spaces. The community’s convenient location near major highways and public transit makes commuting to downtown Albuquerque, the University of New Mexico, and nearby medical centers straightforward, while still preserving a distinct small‑town feel.
The rental market in South Valley reflects this balanced lifestyle, providing a variety of housing options for families and professionals alike. Two‑bedroom apartments typically rent in the $1300s, with a median around $1200, while comparable two‑bedroom houses command a similar price bracket. Larger families seeking more space can find three‑bedroom houses in the $1900‑$2000 range, with median rents near $1850, offering ample room for comfortable living. Whether you prefer the convenience of an apartment complex or the privacy of a single‑family home, the area’s rental inventory accommodates diverse needs and budgets.
Popular neighborhoods such as San Jose and members of the historic Old South Valley district feature tree‑lined streets, local parks, and easy access to attractions like the Rio Grande Nature Center and the annual South Valley Community Festival. Proximity to shopping centers, restaurants, and cultural venues adds to the appeal, making South Valley a welcoming choice for renters seeking a vibrant yet tranquil environment in New Mexico.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 2 Bedroom | $1,333 | $1,200 | $1,200 - $1,600 | $1,200 - $1,600 |
| House | 2 Bedroom | $1,337 | $1,200 | $1,050 - $1,950 | $1,085 - $1,400 |
| House | 3 Bedroom | $1,988 | $1,850 | $1,800 - $2,495 | $1,800 - $1,995 |
In the current period, the average rent in South Valley was
$1,336 for 2 Bedroom, and
$1,957 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.