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Frequently asked questions
What is the average rent in South Valley, NM?
The average rent in South Valley, NM is $1,034.
What type of rental buildings are in South Valley, NM?
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.
What do typical apartment communities look like in South Valley, NM?
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.
What apartment floorplans are common in South Valley, NM?
Rental apartments in South Valley come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 33% of the total apartments in the city, while 2-bedroom floorplans represent around 51% of all rentals in South Valley. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.