Cheap Apartments for Rent in the Near North Valley Neighborhood of Albuquerque, NM from $600 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Near North Valley area of Albuquerque.

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.

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Arcadia Courtyard
1 Bedroom Apartments

Arcadia Courtyard

1020 Park Ave SWAlbuquerque, NM 87102
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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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210 High St NE
Studio Apartments

210 High St NE

210 High St NEAlbuquerque, NM 87102
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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
  • Utilities Included
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Aztec Manor
1 to 2 Bedroom Apartments

Aztec Manor

403 Aztec Rd NWAlbuquerque, NM 87107
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Downtown @ 700
Studio Apartments

Downtown @ 700

700 2nd St NWAlbuquerque, NM 87102
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The Crossroads
Studio Apartments

The Crossroads

315 Central Ave NWAlbuquerque, NM 87102

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Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107
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The Franz
Studio Apartments

The Franz

1716 Central Ave NWAlbuquerque, NM 87104

Near North Valley, Albuquerque, NM Local Guide

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 ListingModel NameBed/BathPriced From
Millennium Flats - Washer-Dryer IncludedStudioStudio,1BA$740
210 High St NE0 Beds, 1 BathsStudio,1BA$745
Union 505StudioStudio,1BA$840
Citadel - Free UtilitiesStudioStudio,1BA$869
Peaks at Sandia View1x1-6381BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Poblana PlaceP 2/22BR,2BA$1.83
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1.47
Monterey PlaceOne Bedroom1BR,1BA$2.14
The Artisan @ Sawmill Village1x1 Market 647 sq.ft.1BR,1BA$2.09
Peaks at Sandia View1x1R-6401BR,1BA$1.64
Valley ApartmentsAzure Platinum1BR,1BA$1.72
210 High St NE0 Beds, 1 BathsStudio ,1BA$1.49
Citadel - Free UtilitiesStudioStudio ,1BA$1.95
Union 505StudioStudio ,1BA$2.59
Millennium Flats - Washer-Dryer IncludedStudioStudio ,1BA$2.40

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Pet Friendly Lifestyle
Near North Valley, Albuquerque, NM

Ranked #318

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.