Cheap Apartments for Rent in the Near North Valley Neighborhood of Albuquerque, NM from $500 (21 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Santa Barbara
1 Bedroom Apartments

Santa Barbara

1420 Edith Blvd NEAlbuquerque, NM 87102
Senior Living
close
View Me
Arcadia Courtyard
1 Bedroom Apartments

Arcadia Courtyard

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

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included
close
View Me
210 High St NE
Studio Apartments

210 High St NE

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

Sawmill Lofts

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

Aztec Manor

403 Aztec Rd NWAlbuquerque, NM 87107
close
View Me
Marble Apartments
1 to 2 Bedroom Apartments

Marble Apartments

823 11th St NWAlbuquerque, NM 87102
close
View Me
Downtown @ 700
Studio Apartments

Downtown @ 700

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

The Crossroads

315 Central Ave NWAlbuquerque, NM 87102
close
View Me
Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107

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 210 High St NE priced from $735. Millennium Flats - Washer-Dryer Included has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Near North Valley apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
210 High St NE0 Beds, 1 BathsStudio,1BA$735
Millennium Flats - Washer-Dryer IncludedStudioStudio,1BA$740
Union 505StudioStudio,1BA$781
Peaks at Sandia View1x1-6401BR,1BA$925
Valley ApartmentsAzure Platinum1BR,1BA$1,035

Best Value Apartments for Rent in Near North Valley, NM

As of March 27, 2025 the best value apartment in the Near North Valley area is the $2.29 price per square foot Type C Model at Griegos Farms in the in the Northwest Quadrant neighborhood starting from $2,450. The second greatest value Near North Valley apartment is the E 2/2 Model at Poblana Place starting at $1,750 with a $1.84 price per square foot in the Northwest Quadrant 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.
Griegos FarmsType C2BR,2BA$2.29
Poblana PlaceE 2/22BR,2BA$1.84
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 View1x1-6381BR,1BA$1.45
Valley ApartmentsAzure Platinum1BR,1BA$1.71
210 High St NE0 Beds, 1 BathsStudio ,1BA$1.47
Union 505StudioStudio ,1BA$2.41
Millennium Flats - Washer-Dryer IncludedStudioStudio ,1BA$2.40

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Near North Valley, Albuquerque, NM

Ranked #252

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

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 $925, while the average apartment in Near North Valley costs $1,800.

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 6 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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.