North Valley

Albuquerque, NM

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North Valley - Albuquerque, NM

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A surprisingly green suburb near the Rio Grande

Suburban Outdoors Convenient River Affordable

North Valley is a northern Albuquerque suburb that stretches from State Route 556 down towards Interstate 40. Full of charming and affordable small homes and low-lying apartment complexes, North Valley has a surprising amount of greenery considering its desert surroundings. The nearby Rio Grande is partly to thank for North Valley’s landscape, but so are the close-knit residents of this New Mexico locale.

There are breweries and restaurants and local shops scattered all around North Valley with even more options to the east across Interstate 25. The center of Albuquerque also holds a great selection of entertainment options. Thankfully, with the surrounding interstates and highways, you can be in the city center in just minutes.

Rent Trends

As of March 2025, the average apartment rent in North Valley is $1,435 for a studio, $1,561 for one bedroom, $1,763 for two bedrooms, and $2,138 for three bedrooms. Apartment rent in North Valley has increased by 1.1% in the past year.

  • Studio

  • 337 sq ft

    Average Sq Ft

  • $1,435/month

    Average Rent

  • 1 BR

  • 744 sq ft

    Average Sq Ft

  • $1,561/month

    Average Rent

  • 2 BR

  • 1,026 sq ft

    Average Sq Ft

  • $1,763/month

    Average Rent

  • 3 BR

  • 1,305 sq ft

    Average Sq Ft

  • $2,138/month

    Average Rent

Points of Interest

Parks and Recreation

  • Albuquerque Balloon Museum
  • Balloon Fiesta Park
  • Rio Grande Community Farm
  • Open Space Visitor Center
  • Rio Grande Nature Center State Park

Military Bases

Airports

  • Albuquerque International Sunport

Top Apartments in North Valley

Houses for Rent in 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.