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2 Bedroom Apartments for Rent in South Valley, NM - 1 Rental available

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South Valley, NM Demographics

  • Total Population41,011
  • Female 20,212
    Male 20,799
  • Median Age41

Average Rent in South Valley, NM

  • South Valley, NM Average Rental Price, May 2020 $668 /mo

South Valley, NM Apartment Rent Ranges

  • $501-$70073%
  • $701-$1,00027%

South Valley, NM Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 May / 2020
South Valley, NM $640 $669 $669 $673 $673 $667 $668 $673 $671 $668
National $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
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South Valley, NM Households

  • Total Number of Households14,031
  • Family 9,375
    Non-family 4,656
  • Children 4,502
    No Children 9,529
  • Average People Per Household2.9
  • Median Household Income$40,280
  • Median Housing Costs Per Month$765

South Valley, NM Education Statistics

  • No High School12%
  • Some High School46%
  • Some College24%
  • Associate Degree7%
  • Bachelor Degree8%
  • Graduate Degree4%

Renting a 2 bedroom apartment in South Valley, NM

Renting a 2 bedroom apartment is ideal if you’re living with someone else, whether it’s your partner, your roommate, or your whole family. The second bedroom gives you enough space for more than one person or can come in handy as a home office that doubles as a guest bedroom. Your apartment quest is going to be different depending on where and what you’re looking for.

Things to remember when looking for a cheap 2 bedroom apartment in South Valley, NM

There is a series of factors that determine the price of a rental apartment in South Valley, NM. Its location is probably at the top of the list. The closer a building is to the city center, or to a public transportation station, the more expensive it is. The same goes for buildings located in popular areas with a high density of quality dining, shopping and entertainment options. That’s because most renters would rather be close to where things are happening, thus creating an increased demand for those apartments. Another determinant is the quality of the building, as in how old it is, how well maintained, what amenities it offers. Similarly, the quality of the apartment unit itself is a factor. A furnished apartment will most certainly cost more than an unfurnished one. One that has newer appliances, or has been remodeled recently, is going to demand a higher price. On the flip side, you can find some really good deals if none of these factors are a priority for you. There is 1 apartment building in South Valley, NM you can explore that offer all types of floor plans, including cheap 2 bedroom apartments.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!