Cheap Apartments for Rent in the North Valley Neighborhood of Albuquerque, NM from $500 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the 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.

close
View Me
Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included
close
View Me
Aztec Manor
1 to 2 Bedroom Apartments

Aztec Manor

403 Aztec Rd NWAlbuquerque, NM 87107
close
View Me
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 $558. Rock Creek has the second lowest priced unit, which is a Studio apartment currently listed from $845. 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$558
Rock CreekStudioStudio,1BA$845
Sunchase ApartmentsJr 1x11BR,1BA$905

Best Value Apartments for Rent in North Valley, NM

As of November 10, 2025 the best value apartment in the North Valley area is the $1.23 price per square foot 2 bedroom 2 bathroom MKT Model at Via Apartments in the in the North Valley neighborhood starting from $1,350. The second greatest value North Valley apartment is the 1BR/1.0BA Model at 1/2 OFF FIRST MONTHS RENT starting at $1,150 with a $1.34 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.
Via Apartments2 bedroom 2 bathroom MKT2BR,2BA$1.23
1/2 OFF FIRST MONTHS RENT1BR/1.0BA1BR,1BA$1.34
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Cresta North Valley1 bed/1 bath1BR,1BA$1.60
Arroyo VistaOne Bedroom1BR,1BA$1.34
Peaks at Los RanchosDesert Breeze Renovated1BR,1BA$1.70
Villa EsperanzaOne Bedroom One Bath1BR,1BA$1.71
Lifestyles at Renaissance1 Bed, 1 Bath1BR,1BA$1.95
Tesota MorningsideA1AR1BR,1BA$1.71
Sunchase ApartmentsJr 1x11BR,1BA$1.66

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 Article
Decorative image

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
North Valley, Albuquerque, NM

Ranked #197

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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 the Cheapest Studio apartment in North Valley?

Currently the most affordable Cheap Studio Apartment in North Valley is at Desert Creek Apartments listed at $558.

How much is rent for a Cheap One Bedroom North Valley Apartment?

The lowest price for a Cheap One Bedroom North Valley Apartment is $905 at Sunchase Apartments.

What is the lowest price for a Cheap Two Bedroom North Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in North Valley is starting from $1,099 at Villa Esperanza.

What is the most affordable North Valley Three Bedroom Apartment?

The best deal on a cheap North Valley Three Bedroom Apartment rental is at Via Apartments and starts from $1,331.

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.

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.