Griegos Farms
4520 Guadalupe Church St NW,
Albuquerque, NM 87107
$1,875 - $2,325 | 1-2 Beds
North Valley
Albuquerque, NM
North Valley - Albuquerque, NM
Area Guide
A surprisingly green suburb near the Rio Grande
Suburban
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Outdoors
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Convenient
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River
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Affordable
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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 July 2025, the average apartment rent in North Valley is $1,402 for a studio, $1,540 for one bedroom, $1,761 for two bedrooms, and $2,102 for three bedrooms. Apartment rent in North Valley has increased by 0.7% in the past year.
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Studio
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388 sq ft
Average Sq Ft
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$1,402/month
Average Rent
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1 BR
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749 sq ft
Average Sq Ft
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$1,540/month
Average Rent
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2 BR
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1,027 sq ft
Average Sq Ft
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$1,761/month
Average Rent
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3 BR
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1,309 sq ft
Average Sq Ft
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$2,102/month
Average Rent
Points of Interest
Shopping Centers
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
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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 June 2025.