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$695 - $725Studio to 1 Bedroom Apartments Contact Us For Availability
Encino Terrace Senior
609 Encino Pl NEAlbuquerque, NM 87102
Cheap Apartments for Rent in the Near North Valley Neighborhood of Albuquerque, NM from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near North Valley area of Albuquerque.
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Rent Specials
$744 - $1,593Studio to 2 Bedroom Apartments Available Now
Union 505
801 Locust Pl NEAlbuquerque, NM 87102
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$794 - $1,019Studio to 1 Bedroom Apartments Contact Us For Availability
Citadel - Free Utilities
1520 University Blvd NEAlbuquerque, NM 87102
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208 High St NE
AlbuquerqueNM87102
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$840 - $1,500Studio to 3 Bedroom Apartments Contact Us For Availability
The Beach
2525 Tingley Dr SWAlbuquerque, NM 87104
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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$897 - $956Studio to 1 Bedroom Apartments Available Now
Silver Moon Lodge
901 Park Ave SWAlbuquerque, NM 87102
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$1,000 - $1,4001 to 2 Bedroom Apartments Available Now
Peaks at Sandia View
1501 Indian School Rd NEAlbuquerque, NM 87102
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$1,000 - $1,800Studio Apartments Available Now
505 Central Lofts
505 Central Ave NWAlbuquerque, NM 87102
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$1,095 - $1,395Studio to 2 Bedroom Apartments Available Now
Nine-O-Nine Apartments
909 Tijeras Ave NWAlbuquerque, NM 87102
2425 Mountain Rd NW
AlbuquerqueNM87104
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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.
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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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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.
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Showing Results 1-26, 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 | $1,159 | $695 | $1,800 |
| Near North Valley 1 Bedroom Apartments | $1,156 | $725 | $2,125 |
| Near North Valley 2 Bedroom Apartments | $1,590 | $1,144 | $2,750 |
| Near North Valley 3 Bedroom Apartments | $1,943 | $1,500 | $3,195 |
Browse Apartments in this Neighborhood
There are currently 26 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
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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 Union 505 priced from $744. Millennium Flats has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Near North Valley apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Union 505 | Studio | Studio,1BA | $744 |
| Millennium Flats | Unit Type B | Studio,1BA | $795 |
| 210 High St NE | 1 Beds, 1 Baths | 1BR,1BA | $825 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| 505 Central Lofts | Studio | Studio,1BA | $1,000 |
| Peaks at Sandia View | 1x1R-640 | 1BR,1BA | $1,050 |
| Nine-O-Nine Apartments | Studio | Studio,1BA | $1,095 |
| Cresta North Valley | 1 bed/1 bath | 1BR,1BA | $1,199 |
| Poblana Place | I 1/1 | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in Near North Valley, NM
As of January 02, 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 Lancaster Model at Huning Castle Apartments starting at $2,095 with a $2.10 price per square foot in the Silver Lofts 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 |
| Huning Castle Apartments | Lancaster | 2BR,2BA | $2.10 |
| Griegos Farms | Type A | 1BR,1BA | $2.13 |
| Cresta North Valley | 1 bed/1 bath | 1BR,1BA | $1.60 |
| Poblana Place | I 1/1 | 1BR,1BA | $1.92 |
| 210 High St NE | 1 Beds, 1 Baths | 1BR,1BA | $1.27 |
| Peaks at Sandia View | 1x1R-640 | 1BR,1BA | $1.64 |
| 505 Central Lofts | Corporate | Studio ,1BA | $2.11 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
| 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 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 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.
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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 $1,395.
What is the price of a cheap apartment in Near North Valley?
The cheapest apartment in Near North Valley is 210 High St NE which is listed at $825, while the average apartment in Near North Valley costs $1,741.
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.
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.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.