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
New
702 Broadway Blvd SE
Rent to Own Eligible
South Broadway
Single Family Home
Albuquerque, NM 87102
1
1
535 ft2
2008
3150 RIO BRAVO BLVD SW
Rent to Own Eligible
Sun Star
Single Family Home
Albuquerque, NM 87105
3
4
2874 ft2
1997
1 of 11 519 DESERT DR SW
Rent to Own Eligible
Crestview Bluff
Single Family Home
Albuquerque, NM 87105
3
2
1352 ft2
1945
820 SALIDA SANDIA SW
Rent to Own Eligible
Mountain View
Single Family Home
Albuquerque, NM 87105
3
3
4320 ft2
1993
New
6204 GONZALES RD SW
Rent to Own Eligible
Alamosa
Single Family Home
Albuquerque, NM 87121
2
2
1420 ft2
1962
New
6127 ALVIS CIR SW
Rent to Own Eligible
Pajarito Village
Single Family Home
Albuquerque, NM 87105
4
1
3497 ft2
1978
232 57TH ST NW
Rent to Own Eligible
West Mesa
Single Family Home
Albuquerque, NM 87105
2
1
1389 ft2
1946
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
New
3022 AARON CT SW
Rent to Own Eligible
 
Single Family Home
Albuquerque, NM 87105
2
1
1144 ft2
1951
1802 EDITH BLVD SE
Rent to Own Eligible
South Broadway
Single Family Home
Albuquerque, NM 87102
2
1
1058 ft2
1930
New
300 TIJERAS AVE NE #312
Rent to Own Eligible
Broadway Central Corridor Partnership
Townhouse/Condo
Albuquerque, NM 87102
1
2
1163 ft2
2005
6824 ISLETA BLVD SW
Rent to Own Eligible
 
Single Family Home
Albuquerque, NM 87105
2
1
984 ft2
1936
753 OLD COORS DR SW
Rent to Own Eligible
Crestview Bluff
Single Family Home
Albuquerque, NM 87121
3
1
1350 ft2
1959
201 ARNO ST NE
Rent to Own Eligible
Huning Highland Historic District
Townhouse/Condo
Albuquerque, NM 87102
2
2
1474 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
6225 COORS BLVD SW
Rent to Own Eligible
 
Single Family Home
Albuquerque, NM 87121
3
1
1508 ft2
1946
New
1946 SHADETREE DR SW
Rent to Own Eligible
Southwest Albuquerque
Single Family Home
Albuquerque, NM 87121
3
2
1864 ft2
2001
1 of 159 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
New
1 of 62 708 TORRETTA DR SW
Rent to Own Eligible
Southwest Albuquerque
Single Family Home
Albuquerque, NM 87121
4
2
2306 ft2
2006
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
2301 GANDERT AVE SE
Rent to Own Eligible
 
Single Family Home
Albuquerque, NM 87106
3
2
1261 ft2
2014
9828 SHIRAZ RD SW
Rent to Own Eligible
Southwest Albuquerque
Single Family Home
Albuquerque, NM 87121
3
3
1880 ft2
2006
435 DESERT TREE DR SW
Rent to Own Eligible
Southwest Albuquerque
Single Family Home
Albuquerque, NM 87121
3
2
1078 ft2
2001
New
1 of 84 5727 STRAND LOOP SE
Rent to Own Eligible
 
Single Family Home
Albuquerque, NM 87106
3
3
1775 ft2
2016
1 of 36 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
New
1631 PRINCETON DR SE
Rent to Own Eligible
Victory Hills
Single Family Home
Albuquerque, NM 87106
4
2
3084 ft2
1960
1 of 28 2612 OKEEFE AVE SE
Rent to Own Eligible
 
Single Family Home
Albuquerque, NM 87106
3
2
1694 ft2
2021
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
New
1 of 34 8101 CORTE DEL VIENTO NW
Rent to Own Eligible
Northwest Albuquerque
Single Family Home
Albuquerque, NM 87120
3
3
2225 ft2
1995
2800 SAN ISIDRO DR NW
Rent to Own Eligible
Northwest Albuquerque
Single Family Home
Albuquerque, NM 87104
3
2
1721 ft2
1961
1915 GABALDON RD NW
Rent to Own Eligible
Northwest Albuquerque
Single Family Home
Albuquerque, NM 87104
2
1
930 ft2
1946
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
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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.