
Cheap Homes for Rent in North Valley Neighborhood of Albuquerque, NM from $1,000 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the North Valley area of Albuquerque.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

505 Los Arboles Ave NW
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.

6017 Calle Nueve NW
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 | $1,654 | $1,050 | $2,000 |
| North Valley 3 Bedroom Homes for Rent | $2,002 | $1,600 | $2,450 |
| North Valley 4 Bedroom Homes for Rent | $4,416 | $2,350 | $8,500 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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 April 25, 2026 the best value apartment in the North Valley area is the $1.20 price per square foot KaloDuo Model at Theta Apartments in the in the Northwest Quadrant neighborhood starting from $1,075. The second greatest value North Valley apartment is the Two Bedroom One and a Half Bath Model at Villa Esperanza starting at $1,234 with a $1.54 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. |
|---|---|---|---|
| Theta Apartments | KaloDuo | 2BR,2BA | $1.20 |
| Villa Esperanza | Two Bedroom One and a Half Bath | 2BR,1BA | $1.54 |
| Arroyo Vista | Two Bedroom | 2BR,1BA | $1.48 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.41 |
| Via Apartments | 1 bedroom 1 bathroom Renovated | 1BR,1BA | $1.53 |
| Mont 44 Apartments | 1 bedroom Renovated MKT | 1BR,1BA | $1.61 |
| Peaks at Los Ranchos | Desert Breeze Renovated | 1BR,1BA | $1.66 |
| Sun Plaza | Sol GOLD | 1BR,1BA | $1.75 |
| Lifestyles at Renaissance | 1 Bed, 1 Bath | 1BR,1BA | $1.79 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $1.66 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe 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
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 ArticleThe 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 ArticleCash 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.
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 #206
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 $795 to $1,882. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Valley ranging from $1,050 to $8,500.
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 $1,050 to $8,500 with an average monthly rent of $2,402.
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.