Near North Valley

Albuquerque, NM

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Near North Valley - Albuquerque, NM

Area Guide

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Near North Valley blends old-fashioned charm and modern city living. Irrigation canals and arroyos wind through this neighborhood, making it easy to walk to the nearby Rio Grande and biking trails. Small farms dot the area, and farmers markets abound. The neighborhood also features some of Albuquerque's favorite restaurants, including New Mexican classics El Pinto and Sadie's. Find a home for rent near the Indian Pueblo Cultural Center and visit regularly to enjoy the live music on the patio or watch traditional Native American dancers and artisans demonstrate their skills.

Students in Near North Valley attend some of Albuquerque's best public schools or choose from the city's wide array of private and charter schools. The neighborhood sits in the heart of the city, making it easy to commute downtown or to almost anywhere else in town.

Rent Trends

As of April 2025, the average apartment rent in Near North Valley is $1,320 for a studio, $1,244 for one bedroom, $1,259 for two bedrooms, and $1,532 for three bedrooms. Apartment rent in Near North Valley has decreased by 0.0% in the past year.

  • Studio

  • 672 sq ft

    Average Sq Ft

  • $1,320/month

    Average Rent

  • 1 BR

  • 699 sq ft

    Average Sq Ft

  • $1,244/month

    Average Rent

  • 2 BR

  • 873 sq ft

    Average Sq Ft

  • $1,259/month

    Average Rent

  • 3 BR

  • 946 sq ft

    Average Sq Ft

  • $1,532/month

    Average Rent

Transportation

67

Somewhat Walkable

out of 100 WalkScore® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.

30

Some Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

78

Very Bikeable

out of 100 BikeScore® Rating

This area is very bikeable. You’ll find a variety of bike paths and lanes.

Points of Interest

Parks and Recreation

  • New Mexico Museum of Natural History
  • Explora
  • American International Rattlesnake Museum
  • Rio Grande Nature Center State Park
  • Albuquerque Aquarium

Military Bases

Airports

  • Albuquerque International Sunport

Top Apartments in Near North Valley

Houses for Rent in Near North Valley

Property Management Companies

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.