Cheap Apartments for Rent in the North Valley Neighborhood of Albuquerque, NM from $500 (9 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd 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

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 $578. Comanche Wells has the second lowest priced unit, which is a Studio apartment currently listed from $757. 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$578
Comanche WellsS1Studio,1BA$757
Rock CreekStudioStudio,1BA$855

Best Value Apartments for Rent in North Valley, NM

As of July 02, 2025 the best value apartment in the North Valley area is the $1.41 price per square foot Four Bedroom Two Bath Model at Villa Esperanza in the in the Northwest Quadrant neighborhood starting from $1,586. The second greatest value North Valley apartment is the 2 bedroom 1 bathroom MKT Model at Via Apartments starting at $1,180 with a $1.18 price per square foot in the North Valley 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.
Villa EsperanzaFour Bedroom Two Bath4BR,1BA$1.41
Via Apartments2 bedroom 1 bathroom MKT2BR,1BA$1.18
Mont 44 Apartments2 bedroom 2 bath Renovated MKT2BR,1BA$1.45
Arroyo VistaTwo Bedroom, Two Bath (A)2BR,2BA$1.48
Villas Del Cielo1 Bedroom1BR,1BA$1.28
Cresta North Valley1 bed/1 bath1BR,1BA$1.60
Peaks at Los RanchosDesert Breeze Renovated1BR,1BA$1.59
Sun PlazaSol Platinum1BR,1BA$1.78
Tesota MorningsideA1AR1BR,1BA$1.71
SunchaseJr One Bedroom One Bath1BR,1BA$1.84

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Pet Friendly Lifestyle
North Valley, Albuquerque, NM

Ranked #189

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
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 $1,075.

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

The cheapest apartment in North Valley is Mont 44 Apartments which is listed at $964, while the average apartment in North Valley costs $1,591.

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 26 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 $814 which is $777 cheaper than the average rent for all rentals in North Valley.

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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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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.