Cheap Apartments for Rent in the North Valley Neighborhood of Albuquerque, NM from $500 (12 Rentals)

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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included

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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Calle Cuarta
Studio to 3 Bedroom Apartments

Calle Cuarta

3525 4th St NWAlbuquerque, NM 87107
  • Utilities Included
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Aztec Manor
1 to 2 Bedroom Apartments

Aztec Manor

403 Aztec Rd NWAlbuquerque, NM 87107
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Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107

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

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 Desert Creek Apartments priced from $559. Comanche Wells has the second lowest priced unit, which is a Studio apartment currently listed from $788. Here are the most affordable North Valley apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$559
Comanche WellsS1Studio,1BA$788
Rock CreekStudioStudio,1BA$799
Via ApartmentsStudio TCStudio,1BA$801
Sunchase ApartmentsJr 1x11BR,1BA$905

Best Value Apartments for Rent in North Valley, NM

As of January 05, 2026 the best value apartment in the North Valley area is the $1.39 price per square foot 2 bed/2 bath Model at Cresta North Valley in the in the Northwest Quadrant neighborhood starting from $1,385. The second greatest value North Valley apartment is the KaloDuo-Premium Model at Theta Apartments starting at $1,050 with a $1.17 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cresta North Valley2 bed/2 bath2BR,2BA$1.39
Theta ApartmentsKaloDuo-Premium2BR,2BA$1.17
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Arroyo VistaOne Bedroom1BR,1BA$1.34
Mont 44 Apartments1 bedroom Renovated MKT1BR,1BA$1.61
Villa EsperanzaOne Bedroom One Bath1BR,1BA$1.71
Lifestyles at Renaissance1 Bed, 1 Bath1BR,1BA$1.79
Tesota MorningsideA1AR1BR,1BA$1.71
Sunchase ApartmentsJr 1x11BR,1BA$1.66
Via ApartmentsStudio TCStudio ,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.

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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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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
North Valley, Albuquerque, NM

Ranked #217

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $999.

What is the price of a cheap apartment in North Valley?

The cheapest apartment in North Valley is Sunchase Apartments which is listed at $905, while the average apartment in North Valley costs $1,485.

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 41 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 $618 which is $867 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

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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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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.

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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.