Cheap Apartments for Rent in North Valley, NM from $726 (39 Rentals)

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

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Desert Creek Apartments
Rent Specials
$713 - $3,107
Total Monthly Price

Total Monthly Price

Base Rent
$713 - $3,107
Total Monthly Price
$713 - $3,107
Studio to 3 Bedroom Apartments Available Now

Desert Creek Apartments

4300 Pan American Fwy NEAlbuquerque, NM 87107
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Tesota Morningside
Rent Specials
$972 - $1,385
Total Monthly Price

Total Monthly Price

Base Rent
$972 - $1,385
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Odyssey Apartments
Rent Specials
$1,154 - $1,907
Total Monthly Price

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$1,154 - $1,907
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Studio to 3 Bedroom Apartments Available Now

Odyssey Apartments

10600 Cibola Loop NWAlbuquerque, NM 87114
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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AYA ABQ
Rent Specials
$1,339 - $4,389
Total Monthly Price

Total Monthly Price

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$1,339 - $4,389
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1 to 2 Bedroom Apartments Available Now

AYA ABQ

5324 San Mateo Blvd NEAlbuquerque, NM 87109
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The Aubry
$1,413 - $3,842
Total Monthly Price

Total Monthly Price

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$1,413 - $3,842
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1 to 3 Bedroom Apartments Available Now

The Aubry

9180 Coors Rd NWAlbuquerque, NM 87120
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The Senary by Allaso
Rent Specials
$1,489 - $2,573
Total Monthly Price

Total Monthly Price

Base Rent
$1,489 - $2,573
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Studio to 2 Bedroom Apartments Available Now

The Senary by Allaso

7501 Jefferson St NEAlbuquerque, NM 87109
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Allaso Journal Center
Rent Specials
$1,606 - $2,283
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Total Monthly Price

Base Rent
$1,606 - $2,283
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Studio to 2 Bedroom Apartments Available Now

Allaso Journal Center

7800 Headline Blvd NEAlbuquerque, NM 87109
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Allaso Olivine
Rent Specials
$1,663 - $2,394
Total Monthly Price

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$1,663 - $2,394
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Studio to 2 Bedroom Apartments Available Now

Allaso Olivine

6925 Alameda Blvd NEAlbuquerque, NM 87113
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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.

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Showing Results 1-39, Page 1 of 1

North Valley, NM Local Guide

Cheapest Available North Valley Apartments for Rent and Nearby

 

The cheapest available apartment rental in North Valley, NM is a Studio unit found at Desert Creek Apartments in the Northwest Quadrant neighborhood priced from $713. Montecito in the Baloon Fiesta Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $883. Here is today’s list of the most affordable North Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$713
Montecito0BD, 1BTH Studio,1BA$883
Sunchase ApartmentsJr 1x11BR,1BA$905
Cloverleaf Apartments1BR/1.0BA1BR,1BA$950
El Paseo ApartmentsOne-Bedroom1BR,1BA$956
Villas de la TerrazaStudioStudio,1BA$969
SilveradoA11BR,1BA$1,035
Desert WillowMadera1BR,1BA$1,061
Arroyo VistaOne Bedroom1BR,1BA$1,069
Peaks at Los RanchosSilverado RenovatedStudio,1BA$1,130

Best Value Apartments for Rent in North Valley, NM and Nearby

As of August 22, 2026 the best value apartment in the North Valley area is the $1.40 price per square foot 3BR/2.5BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,850. The second greatest value North Valley apartment is the 2x2b Model at Cielo Alameda starting at $1,949 with a $1.78 price per square foot in the Baloon Fiesta Park 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.
Horizon Village3BR/2.5BA3BR,2.5BA$1.40
Cielo Alameda2x2b2BR,2BA$1.78
Vista Del Sol Apartments2 Bed 1 Bath2BR,1BA$1.66
Tesota MorningsideB2AR2BR,1BA$1.46
Cloverleaf Apartments1BR/1.0BA1BR,1BA$1.18
Arroyo VistaTwo Bedroom2BR,1BA$1.63
Cottonwood RanchMaple (Premium)1BR,1BA$1.75
Eagle Ranch ApartmentsLatigo1BR,1BA$1.84
El Paseo ApartmentsOne-Bedroom1BR,1BA$1.71
Sunchase ApartmentsJr 1x11BR,1BA$1.66

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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Real 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $713.

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 $1,141 at El Paseo Apartments.

What is the most affordable North Valley Three Bedroom Apartment?

The best deal on a cheap North Valley Three Bedroom Apartment rental is at Arroyo Vista and starts from $1,474.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.