Cheap Homes for Rent in Near North Valley Neighborhood of Albuquerque, NM from $800 (8 Rentals)

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

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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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 Union 505 priced from $785. 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 ListingModel NameBed/BathPriced From
Union 505StudioStudio,1BA$785
Millennium FlatsUnit Type BStudio,1BA$795
210 High St NE1 Beds, 1 Baths1BR,1BA$815

Best Value Apartments for Rent in Near North Valley, NM

As of January 17, 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 2A 2x2: 1000sf Model at Cresta North Valley (new) starting at $1,630 with a $1.63 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.
Villas @ Rio2BR/2.0BA2BR,2BA$1.92
Cresta North Valley (new)2A 2x2: 1000sf2BR,2BA$1.63
Huning Castle ApartmentsLancaster2BR,2BA$2.06
Poblana PlaceI 1/11BR,1BA$1.92
Monterey PlaceOne Bedroom1BR,1BA$2.37
210 High St NE1 Beds, 1 Baths1BR,1BA$1.25
Peaks at Sandia View1x1R-6401BR,1BA$1.56
505 Central LoftsCorporateStudio ,1BA$2.11
Silver Moon LodgeStudioStudio ,1BA$1.76
Nine-O-Nine ApartmentsStudioStudio ,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.

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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.

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The 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.

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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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Frequently Asked Questions about Near North Valley

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

There are currently 161 Apartments for Rent in Near North Valley, NM with pricing that ranges from $695 to $3,195. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near North Valley ranging from $825 to $5,000.

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 $825 to $5,000 with an average monthly rent of $1,908.

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

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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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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.

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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.

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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.