Rent to own Homes in South Valley, NM

South Valley, NM is a great place for affordable rent-to-own homes! With a median household income of over $41,537 and a median rent of $743, the South Valley, NM rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in South Valley, NM. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out South Valley, NM rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
451 CORONADO ST NE
Rent To Own
 
Single Family Home
Los Lunas, NM 87031
2
2
1310 ft2
1920
702 Broadway Blvd SE
Rent to Own Eligible
South Broadway
Single Family Home
Albuquerque, NM 87102
1
1
535 ft2
2008
New
6204 GONZALES RD SW
Rent to Own Eligible
Alamosa
Single Family Home
Albuquerque, NM 87121
2
2
1420 ft2
1962
1 of 11 519 DESERT DR SW
Rent to Own Eligible
Crestview Bluff
Single Family Home
Albuquerque, NM 87105
3
2
1352 ft2
1945
753 OLD COORS DR SW
Rent to Own Eligible
Crestview Bluff
Single Family Home
Albuquerque, NM 87121
3
1
1350 ft2
1959
6824 ISLETA BLVD SW
Rent to Own Eligible
 
Single Family Home
Albuquerque, NM 87105
2
1
984 ft2
1936
New
7408 AUTUMN SKY RD SW
Rent to Own Eligible
Westgate Vecinos
Single Family Home
Albuquerque, NM 87121
3
2
1419 ft2
1999
3150 RIO BRAVO BLVD SW
Rent to Own Eligible
Sun Star
Single Family Home
Albuquerque, NM 87105
3
4
2874 ft2
1997
1802 EDITH BLVD SE
Rent to Own Eligible
South Broadway
Single Family Home
Albuquerque, NM 87102
2
1
1058 ft2
1930
1 of 28 2202 ROSENDO GARCIA RD SW
Rent to Own Eligible
South Atrisco
Single Family Home
Albuquerque, NM 87105
2
1
999 ft2
1955
820 SALIDA SANDIA SW
Rent to Own Eligible
Mountain View
Single Family Home
Albuquerque, NM 87105
3
3
4320 ft2
1993
New
6127 ALVIS CIR SW
Rent to Own Eligible
Pajarito Village
Single Family Home
Albuquerque, NM 87105
4
1
3497 ft2
1978
New
300 TIJERAS AVE NE #312
Rent to Own Eligible
Broadway Central Corridor Partnership
Townhouse/Condo
Albuquerque, NM 87102
1
2
1163 ft2
2005
430 57TH ST SW
Rent to Own Eligible
Alamosa
Single Family Home
Albuquerque, NM 87121
2
1
900 ft2
1946
1105 BROADWAY BLVD SE
Rent to Own Eligible
South Broadway
Single Family Home
Albuquerque, NM 87102
2
1
1160 ft2
1905
232 57TH ST NW
Rent to Own Eligible
West Mesa
Single Family Home
Albuquerque, NM 87105
2
1
1389 ft2
1946
New
3022 AARON CT SW
Rent to Own Eligible
 
Single Family Home
Albuquerque, NM 87105
2
1
1144 ft2
1951
6225 COORS BLVD SW
Rent to Own Eligible
 
Single Family Home
Albuquerque, NM 87121
3
1
1508 ft2
1946
New
1 of 56 1608 SAN CRISTOBAL RD SW
Rent to Own Eligible
Huning Castle
Single Family Home
Albuquerque, NM 87104
2
2
3572 ft2
1979
New
1 of 56 7615 VIA SERENO SW
Rent to Own Eligible
Encanto Village Hoa
Single Family Home
Albuquerque, NM 87121
3
2
1575 ft2
2004
1946 SHADETREE DR SW
Rent to Own Eligible
Southwest Albuquerque
Single Family Home
Albuquerque, NM 87121
3
2
1864 ft2
2001
1 of 160 1101 Dr Martin Luther King Jr Ave NE
Rent to Own Eligible
Sycamore
Townhouse/Condo
Albuquerque, NM 87106
1
1
600 ft2
2006
1 of 31 6623 MESA VIEW DR SW
Rent to Own Eligible
Western Terrace
Single Family Home
Albuquerque, NM 87121
4
2
1662 ft2
1964
816 6TH ST NW
Rent to Own Eligible
Downtown
Single Family Home
Albuquerque, NM 87102
4
3
2151 ft2
1911
New
5120 LOMAS DE ATRISCO RD NW
Rent to Own Eligible
Northwest Albuquerque
Single Family Home
Albuquerque, NM 87105
3
2
1881 ft2
1989
905 MOUNTAIN RD NW
Rent to Own Eligible
Northwest Albuquerque
Single Family Home
Albuquerque, NM 87102
2
2
1227 ft2
1958
8504 LONE PRAIRIE AVE SW
Rent to Own Eligible
Southwest Albuquerque
Single Family Home
Albuquerque, NM 87121
3
2
1267 ft2
2001
1229 FORRESTER AVE NW
Rent to Own Eligible
Northwest Albuquerque
Single Family Home
Albuquerque, NM 87104
3
2
1239 ft2
1946
1 of 10 8804 SHONE ST SW
Rent to Own Eligible
Southwest Albuquerque
Single Family Home
Albuquerque, NM 87121
3
2
1188 ft2
1977
New
924 ACEQUIA ESCONDIDA NW
Rent to Own Eligible
Northwest Albuquerque
Single Family Home
Albuquerque, NM 87104
3
3
3048 ft2
2005
1018 21ST ST NW
Rent to Own Eligible
Northwest Albuquerque
Single Family Home
Albuquerque, NM 87104
3
1
1205 ft2
1947
New
5604 DEL OESTE RD NW
Rent to Own Eligible
West Mesa
Townhouse/Condo
Albuquerque, NM 87105
2
2
1030 ft2
1997
2301 GANDERT AVE SE
Rent to Own Eligible
 
Single Family Home
Albuquerque, NM 87106
3
2
1261 ft2
2014
435 DESERT TREE DR SW
Rent to Own Eligible
Southwest Albuquerque
Single Family Home
Albuquerque, NM 87121
3
2
1078 ft2
2001
1 of 37 5700 STRAND LOOP SE
Rent to Own Eligible
 
Single Family Home
Albuquerque, NM 87106
4
3
2192 ft2
2014
1 of 35 2220 SEA FOAM ST NW
Rent to Own Eligible
S.r. Marmon
Single Family Home
Albuquerque, NM 87120
4
2
2248 ft2
2001
1704 PRINCETON DR SE
Rent to Own Eligible
Victory Hills
Single Family Home
Albuquerque, NM 87106
4
1
1092 ft2
1954
2320 KAFKA PL NW
Rent to Own Eligible
S.r. Marmon
Single Family Home
Albuquerque, NM 87120
4
3
1754 ft2
2005
2800 SAN ISIDRO DR NW
Rent to Own Eligible
Northwest Albuquerque
Single Family Home
Albuquerque, NM 87104
3
2
1679 ft2
1961
New
1 of 44 2400 BISON SPRINGS ST SW
Rent to Own Eligible
Southwest Albuquerque
Single Family Home
Albuquerque, NM 87121
4
3
2847 ft2
2010
2021 GABALDON RD NW
Rent to Own Eligible
Northwest Albuquerque
Single Family Home
Albuquerque, NM 87104
4
4
3545 ft2
2000
1426 PHOENIX AVE NW
Rent to Own Eligible
Northwest Albuquerque
Single Family Home
Albuquerque, NM 87107
2
1
3763 ft2
1940
615 WELLESLEY DR NE
Rent to Own Eligible
Nob Hill
Single Family Home
Albuquerque, NM 87106
3
2
1335 ft2
1948
Hot
1924 GIRARD BLVD NE
Rent to Own Eligible
Netherwood Park
Single Family Home
Albuquerque, NM 87106
4
3
3070 ft2
1946
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Buying a Home in South Valley, NM

South Valley, NM is seeing rapid growth and South Valley, NM's' housing market remains optimal with an average home price that is -29% below the 2024 national average. South Valley, NM is part of Bernalillo county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Bernalillo is 0.81% which is below the national average, which is 0.99%.

Median Home Price in South Valley, NM

Median Rent in South Valley, NM

Rent to own homes offer low monthly payments and flexible terms.