Valley Apartments
1812 Indian School Rd NW,
Albuquerque, NM 87104
$1,100 - $1,686
1-3 Beds
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.
As of January 2026, the average apartment rent in Near North Valley is $1,261 for a studio, $1,285 for one bedroom, $1,269 for two bedrooms, and $1,721 for three bedrooms. Apartment rent in Near North Valley has increased by 1.2% in the past year.
Studio
855 sq ft
Average Sq Ft
$1,261/month
Average Rent
1 BR
728 sq ft
Average Sq Ft
$1,285/month
Average Rent
2 BR
891 sq ft
Average Sq Ft
$1,269/month
Average Rent
3 BR
1,144 sq ft
Average Sq Ft
$1,721/month
Average Rent
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.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† 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 November 2025.