Bedroom count
Property type
Last updated on June 5, 2026
Average rent in
North Valley, NM
Average rent in
Last updated on June 5, 2026
Bedroom count
Property type
Median rent
Median rent in North Valley
$1,350/mo
4%vs previous year
The average rent in North Valley is $1,350 per month as of June 2026. This is 31% below the national average rent, or $600 less per month.
average price per square foot
Total rentals
Available rentals in North Valley
13
for rent on Zumper.com as of June 2026
Rent price distribution
Share of North Valley rentals at each price point
This report has limited data.Due a shortage of data for this selected bedroom and/or property type in North Valley, NM, in the last 30 days, rent estimates may not represent the actual market.
Rent trends in North Valley, NM
Average rent prices in North Valley have decreased by 22% over the last month and have increased by 4% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
North Valley, NM
Rent prices in North Valley vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in North Valley is $1,195, whereas a house costs $2,050. 1-bedroom apartments in North Valley run $1,340 on average, while 2-bedroom apartments are $1,150.
Listings | ||||
|---|---|---|---|---|
Studio | $825 |  18% | 15% | |
1 bedroom | $1,300 | 28% | 22% | |
2 bedroom | $1,580 | 20% | 32% | |
3 bedroom | $2,100 | No Change | 1% |
Listings | ||
|---|---|---|
Alamedan Valley | $1,782 | |
Cervantes | $1,300 | |
Merritt Acres | $1,154 | |
Northeast Valley | $1,200 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,195 | 6% | No Change | |
Condos | $1,522 | 5% | No Change | |
Houses | $2,050 | 22% | No Change |
Studio
Average rent
$825
Last 30 days
18%
Last year
15%
1 bedroom
Average rent
$1,300
Last 30 days
28%
Last year
22%
2 bedroom
Average rent
$1,580
Last 30 days
20%
Last year
32%
3 bedroom
Average rent
$2,100
Last year
1%
Alamedan Valley
Average rent
$1,782
Northeast Valley
Average rent
$1,200
Merritt Acres
Average rent
$1,154
Cervantes
Average rent
$1,300
Apartments
Average rent
$1,195
Last 30 days
6%
Condos
Average rent
$1,522
Last 30 days
5%
Houses
Average rent
$2,050
Last 30 days
22%
The table above reflects average rent prices in North Valley, NM, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in North Valley, NM compare to other cities?
Compare median rent prices in North Valley and Albuquerque by all bedroom counts and property types.
North Valley
31%lower than the national median
33%lower than the national median
Takeaway
The median rent for all rentals in North Valley, NM is 4% higher than the median rent in Albuquerque, NM.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,300
6%$1,996
12%$1,900
2%$1,400
32%$1,385
$1,699
9%$1,760
21%$1,139
$2,095
3%$1,539
52%$900
51%$1,900
54%Discover rentals in North Valley, NM
1d ago
7524 2nd St Nw, North Valley, NM 87107
Studio
1 bath
$725
Apartment for rent
1d ago
7524 2nd St Nw, North Valley, NM 87107
Studio
1 bath
$725
Apartment for rent
1d ago
7524 2nd St Nw, North Valley, NM 87107
Studio
1 bath
$725
Apartment for rent
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Frequently asked questions for North Valley, NM
Quick answers to common questions about the North Valley rental market.
How much is rent in North Valley?
The average rent in North Valley is $1,350 per month as of June 4, 2026.
Is rent up or down in North Valley?
Average rent prices in North Valley have decreased by 22% over the last month and have increased by 4% since last year.
How does North Valley rent compare to the national average?
Rent in North Valley is 31% below the national average, which means renters are paying approximately $600 less per month.
Which neighborhoods are most affordable in North Valley?
The most affordable neighborhoods in North Valley are Merritt Acres ($1,154/mo), Northeast Valley ($1,200/mo), and Cervantes ($1,300/mo).
What salary do I need to afford rent in North Valley?
To comfortably afford rent in North Valley, you'd need to earn approximately $54,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in North Valley?
The average rent for a 1-bedroom apartment in North Valley, NM is $1,094, while a 2-bedroom apartment costs approximately $1,403 as of 2025.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).