Apartments for rent in South Valley, NM

South Valley is a town in New Mexico with a population of approximately 43,000. At an average age of just over 38, the city's residents are younger than most cities in New Mexico. Only 27% of residents rent in South Valley, as the majority own their homes. Renters in the city benefit from a relatively low average rent of $780/month, which is $95/month less than the state average.

South Valley has a relatively large percentage of residents older than 25 who have earned a high school degree or equivalent (23%) compared to the national average. Further, 5% have a Bachelor's degree and 3% possess a Master's degree or Doctorate. Many South Valley residents work in one of three industries: retail, healthcare, and construction. Combined, these industries account for 16% of the labor force in the city. Meanwhile, looking at job function, many of the city's workers are in sales, which ranks as the top field in the city. With an average annual income of about $51K, South Valley workers bring in less than the average New Mexico resident. The city's average income also falls below the national average of $73,345.

South Valley has an average commute time of about 26 minutes. Driving a vehicle is the most common way to get to work, selected by 37% of residents, while public transit is not extensively used. Walking isn't a common way to get to work.