Cheap Homes for Rent in Near North Valley Neighborhood of Albuquerque, NM from $1,500 (5 Rentals)

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

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 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.

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 Millennium Flats - Washer-Dryer Included priced from $740. Union 505 has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable Near North Valley apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Millennium Flats - Washer-Dryer IncludedStudioStudio,1BA$740
Union 505StudioStudio,1BA$840
Citadel - Free UtilitiesStudioStudio,1BA$869

Best Value Apartments for Rent in Near North Valley, NM

As of July 30, 2025 the best value apartment in the Near North Valley area is the $2.29 price per square foot Type C Model at Griegos Farms in the in the Northwest Quadrant neighborhood starting from $2,450. The second greatest value Near North Valley apartment is the H 1/1 Model at Poblana Place starting at $1,595 with a $1.92 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.
Griegos FarmsType C2BR,2BA$2.29
Poblana PlaceH 1/11BR,1BA$1.92
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1.47
Monterey PlaceOne Bedroom1BR,1BA$2.14
210 High St NE1 Beds, 1 Baths1BR,1BA$1.54
The Artisan @ Sawmill Village1x1 Market 647 sq.ft.1BR,1BA$2.09
Peaks at Sandia View1x1R-6381BR,1BA$1.57
Valley ApartmentsAzure Platinum1BR,1BA$1.94
308 Veranda Rd NW, Unit Apt B308 Veranda Rd NWStudio ,1BA$1.50
Citadel - Free UtilitiesStudioStudio ,1BA$1.95

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Frequently Asked Questions about Near North Valley

What type of rentals are currently available in Near North Valley?

There are currently 159 Apartments for Rent in Near North Valley, NM with pricing that ranges from $695 to $4,995. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near North Valley ranging from $1,500 to $5,500.

What is the current price range for Rental Homes in Near North Valley?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Near North Valley ranges from $1,500 to $5,500 with an average monthly rent of $3,201.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.