
Cheap Apartments for Rent in the Near North Valley Neighborhood of Albuquerque, NM from $600 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near North Valley area of Albuquerque.


Millennium Flats - Washer-Dryer Included

1107 Tijeras Ave NW

Union 505

The Beach
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Citadel - Free Utilities

Peaks at Sandia View
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Near North Valley, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Near North Valley?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Near North Valley Studio Apartments | $992 | $670 | $1,364 |
Near North Valley 1 Bedroom Apartments | $1,156 | $700 | $2,399 |
Near North Valley 2 Bedroom Apartments | $1,635 | $1,150 | $2,662 |
Near North Valley 3 Bedroom Apartments | $1,800 | $1,332 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Near North Valley Neighborhood of Albuquerque, NM.
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Near North Valley, Albuquerque, NM Local Guide
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Cheapest Available Near North Valley Apartments for Rent
 The cheapest available apartment rental in the Near North Valley area of Albuquerque, NM is a Studio unit found at Millennium Flats - Washer-Dryer Included priced from $740. 210 High St NE has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here are the most affordable Near North Valley apartments for rent in Albuquerque, NM:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Millennium Flats - Washer-Dryer Included | Studio | Studio,1BA | $740 |
210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $745 |
Union 505 | Studio | Studio,1BA | $840 |
Citadel - Free Utilities | Studio | Studio,1BA | $869 |
Peaks at Sandia View | 1x1-638 | 1BR,1BA | $950 |
Best Value Apartments for Rent in Near North Valley, NM
As of May 10, 2025 the best value apartment in the Near North Valley area is the $1.83 price per square foot P 2/2 Model at Poblana Place in the in the Northwest Quadrant neighborhood starting from $1,795. The second greatest value Near North Valley apartment is the One Bedroom Model at Nine-O-Nine Apartments starting at $1,045 with a $1.47 price per square foot in the Hunning Highland neighborhood. Here is today’s list of the best values for Near North Valley apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Poblana Place | P 2/2 | 2BR,2BA | $1.83 |
Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.47 |
Monterey Place | One Bedroom | 1BR,1BA | $2.14 |
The Artisan @ Sawmill Village | 1x1 Market 647 sq.ft. | 1BR,1BA | $2.09 |
Peaks at Sandia View | 1x1R-640 | 1BR,1BA | $1.64 |
Valley Apartments | Azure Platinum | 1BR,1BA | $1.72 |
210 High St NE | 0 Beds, 1 Baths | Studio ,1BA | $1.49 |
Citadel - Free Utilities | Studio | Studio ,1BA | $1.95 |
Union 505 | Studio | Studio ,1BA | $2.59 |
Millennium Flats - Washer-Dryer Included | Studio | Studio ,1BA | $2.40 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleNear North Valley, Albuquerque, NM
Ranked #318
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Near North Valley, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Albuquerque. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Near North Valley Neighborhood in Albuquerque, NM
Walk Score®
67 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
78 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
30 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Near North Valley Apartments
What is a cheap apartment in Near North Valley?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near North Valley is under $1,400.
What is the price of a cheap apartment in Near North Valley?
The cheapest apartment in Near North Valley is Peaks at Sandia View which is listed at $950, while the average apartment in Near North Valley costs $1,579.
What types of apartments are the cheapest in Near 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 7 regular apartments in Near North Valley that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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