Near North Valley

Albuquerque, NM

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Near North Valley - Albuquerque, NM Area Guide

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 2026, the average apartment rent in Near North Valley is $699 for a studio, $1,270 for one bedroom, $1,289 for two bedrooms, and $1,733 for three bedrooms. Apartment rent in Near North Valley has decreased by -3.9% in the past year.

  • Studio

  • 836 sq ft

    Average Sq Ft

  • $699/month

    Average Rent

  • 1 BR

  • 730 sq ft

    Average Sq Ft

  • $1,270/month

    Average Rent

  • 2 BR

  • 891 sq ft

    Average Sq Ft

  • $1,289/month

    Average Rent

  • 3 BR

  • 1,144 sq ft

    Average Sq Ft

  • $1,733/month

    Average Rent

Getting Around

Fairly Walkable

Walkability

50 / 100

Limited Public Transit

Transit

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Moderately Bikeable

Bikeability

60 / 100

Daily Essentials

Supermarket Within a 15 Minute Walk

Groceries

60 / 100

Fair Restaurant Variety Nearby

Restaurants

50 / 100

Limited Café Variety Nearby

Cafes

30 / 100

Fair Variety of Shops Nearby

Shopping

40 / 100

Recreation

Large Amount of Park Space Nearby

Parks

60 / 100

Limited Wellness Amenity Variety Nearby

Wellness

20 / 100

Local Vibe

Mostly Calm Atmosphere

Vibrancy

20 / 100

Limited Nightlife Variety Nearby

Nightlife

30 / 100

Not Noisy

Quiet Score

100 / 100

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

Search Nearby Rentals

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.