
Cheap Homes for Rent in the North Valley Neighborhood of Albuquerque, NM from $800 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the North Valley area of Albuquerque.


4601 Carlisle Blvd NE
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Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

3509 Tulane Dr NE

114 Sandia Rd NW
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North Valley, Albuquerque, NM Local Guide

How much does it cost to rent a home in North Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Valley 2 Bedroom Homes for Rent | $1,463 | $900 | $1,795 |
| North Valley 3 Bedroom Homes for Rent | $1,858 | $1,450 | $2,250 |
| North Valley 4 Bedroom Homes for Rent | $4,525 | $2,150 | $6,900 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the North Valley Neighborhood of Albuquerque, NM.
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North Valley, Albuquerque, NM Local Guide
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Best Value Apartments for Rent in North Valley, NM
As of July 24, 2026 the best value apartment in the North Valley area is the $1.46 price per square foot Red Rock Canyon Renovated Model at Peaks at Los Ranchos in the in the Northwest Quadrant neighborhood starting from $1,425. The second greatest value North Valley apartment is the KaloDuo-Premium Model at Theta Apartments starting at $1,180 with a $1.32 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. |
|---|---|---|---|
| Peaks at Los Ranchos | Red Rock Canyon Renovated | 2BR,2BA | $1.46 |
| Theta Apartments | KaloDuo-Premium | 2BR,2BA | $1.32 |
| Villa Esperanza | Two Bedroom One and a Half Bath | 2BR,1BA | $1.54 |
| Arroyo Vista | Two Bedroom | 2BR,1BA | $1.63 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.38 |
| Mont 44 Apartments | 1 bedroom Renovated MKT | 1BR,1BA | $1.94 |
| Cresta North Valley | Renovated | 1BR,1BA | $1.75 |
| Sun Plaza | Sol Platinum | 1BR,1BA | $1.98 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $1.66 |
| Via Apartments | Studio TC | Studio ,1BA | $1.80 |
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
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Read ArticleDon'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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleNorth Valley, Albuquerque, NM
Ranked #226
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
Frequently Asked Questions about North Valley
What type of rentals are currently available in North Valley?
There are currently 91 Apartments for Rent in North Valley, NM with pricing that ranges from $700 to $2,863. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Valley ranging from $875 to $6,900.
What is the current price range for Rental Homes in North Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in North Valley ranges from $875 to $6,900 with an average monthly rent of $2,283.
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.
Helpful Local Expert Guides

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Articles, How-To's, and Tips

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