Cheap Apartments for Rent in the Near North Valley Neighborhood of Albuquerque, NM from $400 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Near North Valley area of Albuquerque.

property at 401 14th St NW

$760 - $825

Studio Rentals

Available Now

401 14th St NW

AlbuquerqueNM87104
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Union 505
Rent Specials
$852 - $2,355
Total Monthly Price

Total Monthly Price

Base Rent
$842 - $2,345
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Studio to 2 Bedroom Apartments Available Now

Union 505

801 Locust Pl NEAlbuquerque, NM 87102
Active Lifestyle
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  • Customer Reviewed
  • 3D Tour

The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

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Peaks at Sandia View
Rent Specials
$1,000 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$990 - $1,440
Required Monthly Fees
$10

Total Monthly Price
$1,000 - $1,450
1 to 2 Bedroom Apartments Available Now

Peaks at Sandia View

1501 Indian School Rd NEAlbuquerque, NM 87102
Corporate Housing
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Nine-O-Nine Apartments
$1,095 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,395

Total Monthly Price
$1,095 - $1,395
Studio to 2 Bedroom Apartments Available Now

Nine-O-Nine Apartments

909 Tijeras Ave NWAlbuquerque, NM 87102
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property at 1508 Edith Blvd NE

$1,100 - $1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,600

Total Monthly Price
$1,100 - $1,600

Studio To 2 Bedroom Homes for Rent

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1508 Edith Blvd NE

AlbuquerqueNM87102
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Valley Apartments
$1,223 - $1,709
Total Monthly Price

Total Monthly Price

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$1,139 - $1,625
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1 to 3 Bedroom Apartments Available Now

Valley Apartments

1812 Indian School Rd NWAlbuquerque, NM 87104
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 1506 Edith Blvd NE

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available Now

1506 Edith Blvd NE

AlbuquerqueNM87102
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Calle Cuarta
Studio to 3 Bedroom Apartments

Calle Cuarta

3525 4th St NWAlbuquerque, NM 87107
  • Utilities Included
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1420 4th St NW
1 to 2 Bedroom Apartments

1420 4th St NW

1420-1422 4th St NWAlbuquerque, NM 87102
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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included
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Arcadia Courtyard
1 Bedroom Apartments

Arcadia Courtyard

1020 Park Ave SWAlbuquerque, NM 87102

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.

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210 High St NE
Studio to 1 Bedroom Apartments

210 High St NE

210 High St NEAlbuquerque, NM 87102
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Studio Apartments

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401 14th StAlbuquerque, NM 87104
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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
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Aztec Manor
1 to 2 Bedroom Apartments

Aztec Manor

403 Aztec Rd NWAlbuquerque, NM 87107
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Downtown @ 700
Studio Apartments

Downtown @ 700

700 2nd St NWAlbuquerque, NM 87102
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The Crossroads
Studio Apartments

The Crossroads

315 Central Ave NWAlbuquerque, NM 87102
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Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107
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The Franz
Studio to 1 Bedroom Apartments

The Franz

1716 Central Ave NWAlbuquerque, NM 87104

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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.

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Fourth Street Flats
Studio to 2 Bedroom Apartments

Fourth Street Flats

4419 4th St NWAlbuquerque, NM 87107
  • Utilities Included
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120 10th St NW
Studio to 3 Bedroom Apartments

120 10th St NW

120 10th St NWAlbuquerque, NM 87102
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Old Town Casitas
1 to 2 Bedroom Apartments

Old Town Casitas

200 Rio Grande Blvd SWAlbuquerque, NM 87104
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Cresta North Valley
Studio to 2 Bedroom Apartments

Cresta North Valley

3308 4th St NWAlbuquerque, NM 87107
  • Utilities Included
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Anthea
1 to 3 Bedroom Apartments

Anthea

950 4th St NWAlbuquerque, NM 87102
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Poblana Place
Studio to 2 Bedroom Apartments

Poblana Place

2818 4th St NWAlbuquerque, NM 87107

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

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 210 High St NE priced from $735. Union 505 has the second lowest priced unit, which is a Studio apartment currently listed from $852. Here are the most affordable Near North Valley apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
210 High St NE0 Beds, 1 BathsStudio,1BA$735
Union 505StudioStudio,1BA$852
Silver Moon LodgeStudioStudio,1BA$897
505 Central LoftsStudioStudio,1BA$1,000
Peaks at Sandia View1x1R-6401BR,1BA$1,075
Nine-O-Nine ApartmentsStudioStudio,1BA$1,095
The Artisan @ Sawmill VillageRetail SpaceStudio,$1,190
Valley ApartmentsAzure Platinum1BR,1BA$1,223
Q @ Bosque TrailSunflower1BR,1BA$1,365

Best Value Apartments for Rent in Near North Valley, NM

As of April 06, 2026 the best value apartment in the Near North Valley area is the $1.89 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $2,038. The second greatest value Near North Valley apartment is the Renovated Model at Cresta North Valley starting at $1,425 with a $1.43 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Villas @ Rio2BR/2.0BA2BR,2BA$1.89
Cresta North ValleyRenovated2BR,2BA$1.43
Huning Castle ApartmentsLancaster2BR,2BA$2.06
Poblana PlaceD 1/11BR,1BA$1.80
Peaks at Sandia View1x1R-6401BR,1BA$1.68
505 Central LoftsCorporateStudio ,1BA$2.11
Valley ApartmentsAzure Platinum1BR,1BA$2.02
Silver Moon LodgeStudioStudio ,1BA$1.76
210 High St NE0 Beds, 1 BathsStudio ,1BA$1.47
Nine-O-Nine ApartmentsStudioStudio ,1BA$2.26

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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!

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 $1,365.

What is the price of a cheap apartment in Near North Valley?

The cheapest apartment in Near North Valley is Silver Moon Lodge which is listed at $956, while the average apartment in Near North Valley costs $1,692.

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 22 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 $401 which is $1,291 cheaper than the average rent for all rentals in Near North Valley.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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