Apartments for Rent in North Valley, NM

Prices and availability in North Valley, NM were last updated on 4 Sep 2026.

The best apartments in North Valley, NM are: Valle Grande, El Paseo Apartments, Paseo Del Sol, 5408 Edith NE and 6800 Vista Del Norte Drive Northeast, Unit 2922.

The average rent in North Valley, NM is $1,610.

The price range for a 1-bedroom apartment in North Valley, NM is between $956 and $1,700.

The price range for a 2-bedroom apartment in North Valley, NM is between $956 and $1,257.

The price range for a 3-bedroom apartment in North Valley, NM is between $1,155 and $1,445.

In North Valley, 24% of the residents are renting compared to 76% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 2% of North Valley's rentals, 26% are small-scale complexes with under 50 units, and 30% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in North Valley are about 26 years old, on average. Of these, 42% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in North Valley come in a range of sizes and floorplans. Studio apartments represent 4% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 43% of the total apartments in the city, while 2-bedroom floorplans represent around 41% of all rentals in North Valley. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.