
Cheap Apartments for Rent in the Near North Valley Neighborhood of Albuquerque, NM from $400 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near North Valley area of Albuquerque.


208 High St NE

1210 Central Ave SW

Citadel - Free Utilities

Millennium Flats

Total Monthly Price
Union 505
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.

The Beach

Silver Moon Lodge

Calle Cuarta

1420 4th St NW

Arcadia Courtyard

Candelaria Gardens
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.

210 High St NE

Villa Nueva Senior Apartments

Carousel

Sawmill Lofts

Aztec Manor

Downtown @ 700
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.

The Crossroads

Faraday
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 | $1,146 | $695 | $1,800 |
| Near North Valley 1 Bedroom Apartments | $1,120 | $725 | $2,125 |
| Near North Valley 2 Bedroom Apartments | $1,573 | $995 | $2,646 |
| Near North Valley 3 Bedroom Apartments | $1,676 | $1,500 | $1,827 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Near North Valley Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Near North Valley, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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. Millennium Flats has the second lowest priced unit, which is a Studio apartment currently listed from $820. 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 | $735 |
| Millennium Flats | Unit Type B | Studio,1BA | $820 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Union 505 | 1 Bedroom | 1BR,1BA | $931 |
| Peaks at Sandia View | 1x1-640 | 1BR,1BA | $975 |
Best Value Apartments for Rent in Near North Valley, NM
As of February 18, 2026 the best value apartment in the Near North Valley area is the $1.92 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $2,075. The second greatest value Near North Valley apartment is the Renovated Model at Cresta North Valley starting at $1,495 with a $1.50 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. |
|---|---|---|---|
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.92 |
| Cresta North Valley | Renovated | 2BR,2BA | $1.50 |
| Poblana Place | B 0/1 | Studio ,1BA | $1.76 |
| Valley Apartments | River Platinum | 2BR,1BA | $1.79 |
| Peaks at Sandia View | 1x1R-640 | 1BR,1BA | $1.68 |
| 505 Central Lofts | Corporate | Studio ,1BA | $2.11 |
| Q @ Bosque Trail | Sunflower | 1BR,1BA | $2.28 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
| 210 High St NE | 0 Beds, 1 Baths | Studio ,1BA | $1.47 |
| Nine-O-Nine Apartments | Studio | Studio ,1BA | $2.26 |
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 ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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.
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!
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 $1,409.
What is the price of a cheap apartment in Near North Valley?
The cheapest apartment in Near North Valley is Union 505 which is listed at $936, while the average apartment in Near North Valley costs $1,700.
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 25 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 $335 which is $1,365 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

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.