
Cheap Apartments for Rent in the Near North Valley Neighborhood of Albuquerque, NM from $400 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near North Valley area of Albuquerque.


Encino Terrace Senior

Total Monthly Price
Union 505

Millennium Flats

Citadel - Free Utilities

513 Candelaria Rd NW

The Beach

Silver Moon Lodge
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Total Monthly Price
Valley Apartments

Peaks at Sandia View

604 Arno St NE

The Artisan @ Sawmill Village

Total Monthly Price
Nine-O-Nine Apartments

505 Central Lofts

Total Monthly Price
Siegel Select Albuquerque I

Calle Cuarta
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1420 4th St NW

Arcadia Courtyard

Candelaria Gardens

210 High St NE

Sawmill Lofts

Aztec Manor

Villa Nueva Senior Apartments

Downtown @ 700
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1320 Dr Martin Luther King Jr Ave NE

The Crossroads

Faraday

426 Headingly Ave NW

The Franz

Fourth Street Flats

Old Town Casitas

120 10th St NW
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2440 Rose Ave NW

114 Sandia Rd NW

917 Headingly Ave NW

Cresta North Valley

Anthea

816 13th St NW

700 Fruit Ave NW

704 Fruit Ave NW
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Poblana Place
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 | $932 | $700 | $1,800 |
| Near North Valley 1 Bedroom Apartments | $1,159 | $750 | $1,875 |
| Near North Valley 2 Bedroom Apartments | $1,610 | $1,003 | $2,465 |
| Near North Valley 3 Bedroom Apartments | $1,592 | $1,398 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 41 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 $756. Millennium Flats has the second lowest priced unit, which is a Studio apartment currently listed from $775. 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 | $756 |
| Millennium Flats | Unit Type A | Studio,1BA | $775 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Peaks at Sandia View | 1x1R-638 | 1BR,1BA | $999 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,096 |
| The Artisan @ Sawmill Village | Retail Space | Studio, | $1,190 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1,195 |
| Cresta North Valley | Renovated | 1BR,1BA | $1,225 |
| 505 Central Lofts | Studio | Studio,1BA | $1,300 |
| Siegel Select Albuquerque I | Studio Suite | Studio,1BA | $1,363 |
Best Value Apartments for Rent in Near North Valley, NM
As of July 08, 2026 the best value apartment in the Near North Valley area is the $1.76 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $1,900. The second greatest value Near North Valley apartment is the F 2/2 Model at Poblana Place starting at $1,895 with a $1.83 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 | $1.76 |
| Poblana Place | F 2/2 | 2BR,2BA | $1.83 |
| Huning Castle Apartments | Dover Building A & B | 2BR,2BA | $2.12 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.76 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.68 |
| Cresta North Valley | Renovated | 1BR,1BA | $1.75 |
| Monterey Place | One Bedroom | 1BR,1BA | $2.37 |
| Peaks at Sandia View | 1x1-638 | 1BR,1BA | $1.57 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1.81 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
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 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.
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 the Cheapest Studio apartment in Near North Valley?
Currently the most affordable Cheap Studio Apartment in Near North Valley is at Union 505 listed at $756.
How much is rent for a Cheap One Bedroom Near North Valley Apartment?
The lowest price for a Cheap One Bedroom Near North Valley Apartment is $990 at Union 505.
What is the lowest price for a Cheap Two Bedroom Near North Valley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Near North Valley is starting from $1,133 at Valley Apartments.
What is the most affordable Near North Valley Three Bedroom Apartment?
The best deal on a cheap Near North Valley Three Bedroom Apartment rental is at The Artisan @ Sawmill Village and starts from $1,398.
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.

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