North Valley, NM Rental Market Trends
The average rent for an apartment in North Valley is $1,101, a 5% increase compared to the previous year, when the average rent was $1,049.
Average Rent in North Valley, NM
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,101||5%||895 sq. ft.|
The average size for a North Valley, NM apartment is 895 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
North Valley, NM Apartment Rent Ranges
- > $2,0001%
North Valley, NM Occupied Housing Units
- Renter-occupied Households39%
- Owner-occupied Households60%
1,954 or 39% of the households in North Valley, NM are renter-occupied while 3,015 or 60% are owner-occupied.
North Valley, NM Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Feb / 2021|
How North Valley Compares to Other Cities
|Average Rent||Y-o-Y Change|
|Los Ranchos de Albuquerque||$1,046||6%|
For more information about the North Valley rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!