
Cheap Apartments for Rent in the North Valley Neighborhood of Albuquerque, NM from $400 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Valley area of Albuquerque.


Total Monthly Price
Desert Creek Apartments

Rock Creek

Via Apartments

Calle Cuarta
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.

Candelaria Gardens

3617 Wellesley Dr SE

Aztec Manor

4200 Montgomery Blvd NE

Faraday
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.
North Valley, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in North Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Valley Studio Apartments | $877 | $779 | $1,025 |
| North Valley 1 Bedroom Apartments | $1,068 | $902 | $1,597 |
| North Valley 2 Bedroom Apartments | $1,299 | $950 | $1,778 |
| North Valley 3 Bedroom Apartments | $1,506 | $1,331 | $2,251 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the North Valley Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
North Valley, Albuquerque, NM Local Guide
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Cheapest Available North Valley Apartments for Rent
 The cheapest available apartment rental in the North Valley area of Albuquerque, NM is a Studio unit found at Comanche Wells priced from $779. Desert Creek Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $797. Here are the most affordable North Valley apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Comanche Wells | S1 | Studio,1BA | $779 |
| Desert Creek Apartments | SRO-Sleeping room only | Studio,1BA | $797 |
| Rock Creek | Studio | Studio,1BA | $799 |
Best Value Apartments for Rent in North Valley, NM
As of February 22, 2026 the best value apartment in the North Valley area is the $1.38 price per square foot Renovated Model at Cresta North Valley in the in the Northwest Quadrant neighborhood starting from $1,375. The second greatest value North Valley apartment is the KaloDuo Model at Theta Apartments starting at $975 with a $1.09 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for North Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cresta North Valley | Renovated | 2BR,2BA | $1.38 |
| Theta Apartments | KaloDuo | 2BR,2BA | $1.09 |
| 1/2 OFF FIRST MONTHS RENT | 1BR/1.0BA | 1BR,1BA | $1.34 |
| Villa Esperanza | Two Bedroom One and a Half Bath | 2BR,1BA | $1.54 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.36 |
| Arroyo Vista | One Bedroom | 1BR,1BA | $1.34 |
| Mont 44 Apartments | 1 bedroom Renovated MKT | 1BR,1BA | $1.57 |
| Tesota Morningside | A1AR | 1BR,1BA | $1.77 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $1.66 |
| Via Apartments | Studio TC | Studio ,1BA | $1.60 |
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
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Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleNorth Valley, Albuquerque, NM
Ranked #212
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in North Valley, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including North Valley, Albuquerque, and the greater Albuquerque area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and easy access to the parks, features that make it easier to raise kids, raising pets, transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap North Valley Apartments
What is a cheap apartment in North Valley?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Valley is under $1,036.
What is the price of a cheap apartment in North Valley?
The cheapest apartment in North Valley is Comanche Wells which is listed at $902, while the average apartment in North Valley costs $1,334.
What types of apartments are the cheapest in 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 35 regular apartments in 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 North Valley?
Cheap apartments in North Valley have an average cost of $578 which is $756 cheaper than the average rent for all rentals in 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.