
Cheap Apartments for Rent in the Near North Valley Neighborhood of Albuquerque, NM from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near North Valley area of Albuquerque.


Millennium Flats - Washer-Dryer Included

Union 505

The Beach

Citadel - Free Utilities
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Peaks at Sandia View
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Check Out Albuquerque’s Best Affordable Neighborhoods
Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi
Near North Valley, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Near North Valley?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Near North Valley Studio Apartments | $1,051 | $695 | $1,661 |
Near North Valley 1 Bedroom Apartments | $1,189 | $725 | $2,399 |
Near North Valley 2 Bedroom Apartments | $1,585 | $1,150 | $2,535 |
Near North Valley 3 Bedroom Apartments | $1,720 | $1,500 | $2,075 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Near North Valley Neighborhood of Albuquerque, NM.
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Near North Valley, Albuquerque, NM Local Guide
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Cheapest Available Near North Valley Apartments for Rent
 The cheapest available apartment rental in the Near North Valley area of Albuquerque, NM is a Studio unit found at Millennium Flats - Washer-Dryer Included priced from $740. 210 High St NE has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here are the most affordable Near North Valley apartments for rent in Albuquerque, NM:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Millennium Flats - Washer-Dryer Included | Studio | Studio,1BA | $740 |
210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $745 |
Union 505 | Studio | Studio,1BA | $829 |
Citadel - Free Utilities | Studio | Studio,1BA | $869 |
Peaks at Sandia View | 1x1-640 | 1BR,1BA | $950 |
Best Value Apartments for Rent in Near North Valley, NM
As of June 13, 2025 the best value apartment in the Near North Valley area is the $1.83 price per square foot P 2/2 Model at Poblana Place in the in the Northwest Quadrant neighborhood starting from $1,795. The second greatest value Near North Valley apartment is the 1 bed/1 bath Model at Cresta North Valley starting at $1,199 with a $1.60 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Near North Valley apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Poblana Place | P 2/2 | 2BR,2BA | $1.83 |
Cresta North Valley | 1 bed/1 bath | 1BR,1BA | $1.60 |
Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.47 |
The Artisan @ Sawmill Village | 1x1 Market 647 sq.ft. | 1BR,1BA | $2.09 |
Peaks at Sandia View | 1x1R-640 | 1BR,1BA | $1.64 |
1204 Sawmill Rd NW, Unit 1 | 1204 Sawmill Rd NW | 1BR,1BA | $2.36 |
210 High St NE | 0 Beds, 1 Baths | Studio ,1BA | $1.49 |
Citadel - Free Utilities | Studio | Studio ,1BA | $1.95 |
Union 505 | Studio | Studio ,1BA | $2.56 |
Millennium Flats - Washer-Dryer Included | Studio | Studio ,1BA | $2.40 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleNear North Valley, Albuquerque, NM
Ranked #162
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Near North Valley, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Albuquerque. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Near North Valley Neighborhood in Albuquerque, NM
Walk Score®
67 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
78 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
30 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Near North Valley Apartments
What is a cheap apartment in Near North Valley?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near North Valley is under $1,495.
What is the price of a cheap apartment in Near North Valley?
The cheapest apartment in Near North Valley is Peaks at Sandia View which is listed at $950, while the average apartment in Near North Valley costs $1,650.
What types of apartments are the cheapest in Near North Valley?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Near North Valley that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Near North Valley?
Cheap apartments in Near North Valley have an average cost of $314 which is $1,336 cheaper than the average rent for all rentals in Near North Valley.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.