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$720 - $750Studio to 1 Bedroom Apartments Available Now
Encino Terrace Senior
609 Encino Pl NEAlbuquerque, NM 87102
Cheap Apartments for Rent in the Near North Valley Neighborhood of Albuquerque, NM from $400 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near North Valley area of Albuquerque.
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$790 - $820Studio Apartments Available Now
Millennium Flats
1020 Central Ave SWAlbuquerque, NM 87102
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$794 - $2,756
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$794 - $2,756
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Union 505
801 Locust Pl NEAlbuquerque, NM 87102
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$794 - $944Studio to 1 Bedroom Apartments Contact Us For Availability
Citadel - Free Utilities
1520 University Blvd NEAlbuquerque, NM 87102
513 Candelaria Rd NW
AlbuquerqueNM87107
401 14th St NW
AlbuquerqueNM87104
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$840 - $1,500Studio to 3 Bedroom Apartments Contact Us For Availability
The Beach
2525 Tingley Dr SWAlbuquerque, NM 87104
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$897 - $956Studio to 1 Bedroom Apartments Available Now
Silver Moon Lodge
901 Park Ave SWAlbuquerque, NM 87102
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$975 - $1,4501 to 2 Bedroom Apartments Available Now
Peaks at Sandia View
1501 Indian School Rd NEAlbuquerque, NM 87102
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
820 Apache Ave NW
AlbuquerqueNM87102
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$1,095 - $1,395
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,095 - $1,395
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$1,095 - $1,395
Nine-O-Nine Apartments
909 Tijeras Ave NWAlbuquerque, NM 87102
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$1,100 - $1,685
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,100 - $1,685
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Valley Apartments
1812 Indian School Rd NWAlbuquerque, NM 87104
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$1,190 - $1,800Studio to 3 Bedroom Apartments Available Now
The Artisan @ Sawmill Village
1751 Bellamah Ave NWAlbuquerque, NM 87104
300 San Pasquale Ave NW
AlbuquerqueNM87104
901 Slate Ave NW
AlbuquerqueNM87102
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$1,300 - $1,700
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1 Bedroom Apartment Available NowTotal Monthly Price
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$1,300 - $1,700
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$1,300 - $1,700
1204 Sawmill Rd NW
1204 Sawmill Rd NWAlbuquerque, NM 87104
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$1,300 - $1,800Studio Apartments Available Now
505 Central Lofts
505 Central Ave NWAlbuquerque, NM 87102
1506 Edith Blvd NE
AlbuquerqueNM87102
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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$1,363 - $1,661
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$1,363 - $1,661
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$1,363 - $1,661
Siegel Select Albuquerque I
2500 University Blvd NEAlbuquerque, NM 87107
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$1,3951 to 2 Bedroom Apartments Available Jun 9
Q @ Bosque Trail
2531 Candelaria Rd NWAlbuquerque, NM 87107
300 Tijeras Ave NE, Unit 409
300 Tijeras Ave NE
AlbuquerqueNM87102
2530 Veranda Rd NW
AlbuquerqueNM87107
505 Marble Ave NW
AlbuquerqueNM87102
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$1,500 - $2,200Studio to 2 Bedroom Apartments Available Now
228 16th St NW
228 16th St NWAlbuquerque, NM 87104
202 San Clemente Ave NW
AlbuquerqueNM87107
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$1,550 - $2,3251 to 2 Bedroom Apartments Available Now
Monterey Place
2320 Central Ave SWAlbuquerque, NM 87104
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Studio to 3 Bedroom Apartments
Calle Cuarta
3525 4th St NWAlbuquerque, NM 87107
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.
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1 to 2 Bedroom Apartments
1420 4th St NW
1420-1422 4th St NWAlbuquerque, NM 87102
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2 Bedroom Apartments
Candelaria Gardens
820 Candelaria Rd NWAlbuquerque, NM 87107
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1 Bedroom Apartments
Arcadia Courtyard
1020 Park Ave SWAlbuquerque, NM 87102
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Studio to 1 Bedroom Apartments
210 High St NE
210 High St NEAlbuquerque, NM 87102
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1 to 2 Bedroom Apartments
Villa Nueva Senior Apartments
990 18th St NWAlbuquerque, NM 87104
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Studio Apartments
Carousel
401 14th StAlbuquerque, NM 87104
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1 to 3 Bedroom Apartments
Sawmill Lofts
1801 Bellamah Ave NWAlbuquerque, NM 87104
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1 to 2 Bedroom Apartments
Aztec Manor
403 Aztec Rd NWAlbuquerque, NM 87107
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Studio Apartments
Downtown @ 700
700 2nd St NWAlbuquerque, NM 87102
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Studio Apartments
The Crossroads
315 Central Ave NWAlbuquerque, NM 87102
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2 Bedroom Apartments
Faraday
4322 4th St NWAlbuquerque, NM 87107
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Studio to 1 Bedroom Apartments
The Franz
1716 Central Ave NWAlbuquerque, NM 87104
300 Tijeras Ave NE
AlbuquerqueNM87102
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Studio to 2 Bedroom Apartments
Fourth Street Flats
4419 4th St NWAlbuquerque, NM 87107
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Studio to 3 Bedroom Apartments
120 10th St NW
120 10th St NWAlbuquerque, NM 87102
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1 to 2 Bedroom Apartments
Old Town Casitas
200 Rio Grande Blvd SWAlbuquerque, NM 87104
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Studio to 2 Bedroom Apartments
Cresta North Valley
3308 4th St NWAlbuquerque, NM 87107
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1 to 3 Bedroom Apartments
Anthea
950 4th St NWAlbuquerque, 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.
816 13th St NW
AlbuquerqueNM87102
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Studio to 2 Bedroom Apartments
Poblana Place
2818 4th St NWAlbuquerque, NM 87107
706 Fruit Ave NW
AlbuquerqueNM87102
1503 Central Ave NW
AlbuquerqueNM87104
Showing Results 1-49, Page 1 of 1
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 | $977 | $720 | $1,800 |
| Near North Valley 1 Bedroom Apartments | $1,163 | $750 | $1,850 |
| Near North Valley 2 Bedroom Apartments | $1,520 | $1,150 | $2,795 |
| Near North Valley 3 Bedroom Apartments | $1,675 | $1,398 | $2,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 49 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 210 High St NE priced from $700. Encino Terrace Senior has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here are the most affordable Near North Valley apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $700 |
| Encino Terrace Senior | Studio | Studio,1BA | $720 |
| Union 505 | Studio | Studio,1BA | $784 |
| Millennium Flats | Unit Type A | Studio,1BA | $790 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Peaks at Sandia View | 1x1-638 | 1BR,1BA | $975 |
| Nine-O-Nine Apartments | Studio | Studio,1BA | $1,095 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,100 |
| The Artisan @ Sawmill Village | Retail Space | Studio, | $1,190 |
| Cresta North Valley | Renovated | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in Near North Valley, NM
As of May 23, 2026 the best value apartment in the Near North Valley area is the $1.41 price per square foot 817 Slate Ave NW Model at 817 Slate Ave NW, Unit 817 in the in the Hunning Highland neighborhood starting from $1,690. The second greatest value Near North Valley apartment is the N 2/2 Model at Poblana Place starting at $1,795 with a $1.80 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. |
|---|---|---|---|
| 817 Slate Ave NW, Unit 817 | 817 Slate Ave NW | 2BR,1BA | $1.41 |
| Poblana Place | N 2/2 | 2BR,2BA | $1.80 |
| 1400 Sigma Chi Rd NE, Unit East wing apartment | 1400 Sigma Chi Rd NE | 1BR,1BA | $1.89 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.76 |
| Cresta North Valley | Renovated | 1BR,1BA | $1.75 |
| Peaks at Sandia View | 1x1R-638 | 1BR,1BA | $1.57 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1.82 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
| 210 High St NE | 0 Beds, 1 Baths | Studio ,1BA | $1.40 |
| Encino Terrace Senior | Studio | Studio ,1BA | $1.89 |
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.
Read Article
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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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Best Local Schools in Near North Valley, Albuquerque, NM
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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 $1,225.
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 $975, while the average apartment in Near North Valley costs $1,685.
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 18 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 $407 which is $1,278 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.
Helpful Local Expert Guides
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.
The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.
Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.
Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
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I still recollect my first morning commute in Albuquerque.
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.