Apartments for Rent in South Valley, NM

Prices and availability in South Valley, NM were last updated on 20 Sep 2026.

The best apartment in South Valley, NM is: 2237 Muniz Lane Southwest.

The average rent in South Valley, NM is $1,034.

In South Valley 26% of the housing is rented out compared to 74% of homes are owned, according to the most recent Census Bureau estimates. 5% of South Valley's apartments are found in large buildings of 50 units or more, 30% are located in smaller apartment complexes with less than 50 units, and 51% are single-family rentals.

The average age of rental buildings in South Valley is 36 years old, with 26% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in South Valley are around 0% of rentals, while 1-bedroom floor plans represent 33% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 51% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.