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Average Rent in South San Pedro & Rent Trends

What is the average rent in South San Pedro?

The average listed apartment rent in South San Pedro is $1,233 per month, as of November 8, 2026. This sample includes 91 priced apartments in 13 buildings. These are tracked asking prices, not signed leases.

We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Included building observations run from November 4, 2026 through November 8, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.

Rent prices and market trends across 13 apartment communities in South San Pedro, Albuquerque, NM. Prices update after successful source checks.

Area All Areas South San Pedro Alameda Broadway Central Corridor Partnership Eastridge Echo Canyon Estates Elena Gallegos Grant Linda Vista Paradise Hills Civic Rhodes Acres Sawmill Area Sunset Ranch Taylor Ranch Vista Encantada Yale Village
Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Showing any bedrooms in South San Pedro.

Market Average

$1,233/mo

▲ +2.7% from last month

Lowest Available

$700/mo

cheapest unit on market

Communities

13

tracked daily

Units Listed

91

available now

Rent Watch: cuts and increases

Open Rent Watch →

See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

South San Pedro vs Albuquerque, NM Average

South San Pedro is cheaper than the Albuquerque, NM average by $7,620/mo (86%). The citywide average is $8,853/mo across all neighborhoods.

Is Rent Going Up or Down in South San Pedro?

As of November 2026, the average rent in South San Pedro is $1,233 per month across 13 apartment communities and 91 available units. Rents have increased $32 (2.7%) over the past month.

The most affordable option is Home @ Valencia starting at $700/mo. By unit type, a studio averages $916/mo, a 1-bedroom averages $1,038/mo, a 2-bedroom averages $1,555/mo.

Prices range from $700 to $2,279 per month. The most common price point is the $800 range, where 29 units are currently listed.

South San Pedro Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
June 2026 $1,334 - 9
July 2026 $1,336 +$2 9
August 2026 $1,354 +$18 8
September 2026 $1,302 -$52 9
October 2026 $1,186 -$116 10
November 2026 $1,225 +$39 10

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in South San Pedro

Studio
$916
from $799 · 12 units
1 Bed
$1,038
from $700 · 41 units
2 Bed
$1,555
from $709 · 29 units

Rent Prices by Apartment in South San Pedro

Property Starting at Average Units Rating
Home @ Valencia $700/mo $700/mo 1 2.3
The Valencia Apartments $709/mo $779/mo 2 3.4
Brandywood Park Apartments $799/mo $916/mo 12 3.6
The Portals Apartments $845/mo $845/mo 1 3.5
The French Quarter Apartments $880/mo $898/mo 2 3.3
Sandia View Apartments $900/mo $1,031/mo 34 4.5
Las Brisas $959/mo $1,049/mo 7 3.3

Frequently Asked Questions About Rent in South San Pedro

How many bedrooms are you looking for?

How many bedrooms are you looking for?

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What is the average rent in South San Pedro?
The average listed apartment rent in South San Pedro is $1,233 per month, as of November 8, 2026. This sample includes 91 priced apartments in 13 buildings. These are tracked asking prices, not signed leases.

What rent range can I find in South San Pedro?
The apartment listings we track in South San Pedro range from $700 to $2,279 per month, as of November 8, 2026. These are the lowest and highest listed prices. They are not a typical price for every apartment. The building, floor plan, and lease terms can affect the price.

Are rents going up or down in South San Pedro?
The daily building-average rent rose by $28 (2.7%) over 30 days between observations in October 2026 and November 2026. This compares recorded asking rents. The current month's figures may still be incomplete, and the building mix can change.

How much is a studio apartment in South San Pedro?
Studio apartments average $916 per month across 12 priced listings in South San Pedro. Listed rents range from $799 to $1,075 per month, as of November 8, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 1-bedroom apartment in South San Pedro?
1-bedroom apartments average $1,038 per month across 41 priced listings in South San Pedro. Listed rents range from $700 to $1,795 per month, as of November 8, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 2-bedroom apartment in South San Pedro?
2-bedroom apartments average $1,555 per month across 29 priced listings in South San Pedro. Listed rents range from $709 to $2,279 per month, as of November 8, 2026. Compare apartments with similar floor plans and lease terms.

How do 1-bedroom and 2-bedroom rents compare in South San Pedro?
The 1-bedroom average is $1,038 per month across 41 listings. The 2-bedroom average is $1,555 across 29 listings, $517 (49.8%) higher. This is a comparison of listing groups, not the cost to upgrade a specific apartment.

Which tracked building has the lowest starting rent in South San Pedro?
Home @ Valencia has the lowest starting rent among the buildings in the comparison table, at $700 per month. We track 1 priced listing matching your bedroom choice in that building, as of November 8, 2026. The starting price applies to its lowest-priced matching apartment. Check that apartment's latest price and availability.

Which rent range has the most listings in South San Pedro?
The $800 to $1,000 monthly range has the most matching listings: 29 units, or 31.9% of the priced apartments we track in South San Pedro. This count does not tell us how fast the apartments rent.

How many apartment listings do you track in South San Pedro?
We track 91 priced units at 13 apartment buildings, as of November 8, 2026. This is not the total number of apartments in those buildings. A listing can change or become unavailable. Open the apartment details to check its latest status.

How much rent history is available for South San Pedro?
We have recorded rent data on 131 days from June 2026 through November 2026 for apartment listings in South San Pedro. Some dates can be missing. The chart only shows recorded data. The current month includes the days recorded so far.

Why can the headline rent differ from the trend chart in South San Pedro?
The average at the top of the page gives each matching apartment equal weight. The chart first averages recorded prices within each building, then compares buildings. It removes the highest and lowest groups when at least ten buildings contribute and omits days with fewer than five buildings. Different dates, building counts, and listing mixes can produce different figures. The monthly table averages the recorded daily figures.

Does my bedroom choice change the prices and answers?
Yes. Your chosen area and bedroom count filter the asking rents, listing counts, rent ranges, and answers on this page. The active community exclusions are Student housing and 55+ / senior community and Corporate housing and Military / active duty housing and Veteran housing. When you choose a bedroom count, the history chart uses recorded prices for matching apartments with a known identity. If those records are missing, we leave the chart empty rather than use prices for other bedroom types. Open an individual apartment to check its own price history.

Do these rents include utilities, parking, and other fees?
We use the published total monthly rent when it is available and the base rent otherwise. Unknown fees are not zero. Utilities, parking, pet charges, deposits, and one-time costs can add to the amount you pay. Check the selected unit and lease terms for a complete quote.

How should I compare free-rent offers with listed rent?
A free-rent offer can reduce the effective cost over a lease without changing the listed monthly rent. Compare the same lease length and move-in date, then include required charges and the offer conditions. The market averages do not assume an unconfirmed discount.

Does this page represent every rental in the market?
These figures describe the priced apartment listings we track, not every rental home or every occupied apartment. Coverage and the mix of bedrooms, buildings, and locations can change. A lower market average does not prove that the same apartment received a price cut.

How fresh are the South San Pedro rent figures?
We schedule rent updates each day, but buildings can have different price-check dates. The latest accepted price check for these listings was November 8, 2026. The month label does not mean we checked every price today. Open the building or apartment details for its latest price and availability.

What salary do I need to live comfortably in South San Pedro?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$49,000/year

Based on the 30 percent rule, using our tracked average rent of $1,233/mo.

Comfortable income

$59,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($700/mo), you need to earn at least $28,000/year.

Median household income in South San Pedro is $65,604 , about 11% above the comfortable-living threshold.

Explore South San Pedro Apartments

Browse all 13 communities with daily-updated pricing and availability.

Browse All Apartments Find Your Match

Cost of living in South San Pedro

Overall prices in South San Pedro runs below the national average by about 6% (BEA Regional Price Parity index 93.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by South San Pedro's regional price parities.

Category Monthly estimate
Rent (market average) $1,233
Utilities $382
Groceries $526
Transportation $909
Healthcare $444
Other goods and services $710
Estimated total $4,203/mo

Population

562,488

Median household income

$65,604

Census median rent

$1,085/mo

Census rent burden

31.1%

Median age

38.7

Mean commute

22 min

Methodology

Rent data

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.
New Mexico Rent Trends
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Albuquerque, NM Neighborhood Rent Map
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US-wide rent comparison
See how Albuquerque, NM rents stack up against the national median

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