El Paseo Apartments
301 El Pueblo Rd NW,
Albuquerque, NM 87114
$956 - $1,141
1-2 Beds
Alamedan Valley
Albuquerque, NM
Alamedan Valley - Albuquerque, NM
Area Guide
A tranquil locale along the Rio Grande
Scenic
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Riverside
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Quiet
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Active
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Convenient
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About 15 minutes north of Downtown Albuquerque, the shady cottonwood trees and lush green fields of the Alamedan Valley make it easy to forget that you're living in the desert. Bordered to the west by the Rio Grande River, Alamedan Valley features an extensive network of bike trails and hiking paths. The semi-rural neighborhood consists largely of small farms, in addition to single-family houses and townhomes available for rent, many of which are made from old-fashioned adobe for an authentic New Mexico look.
Despite the old-fashioned feel, a growing number of boutique stores and art galleries are springing up along 4th Street, which runs through the heart of the neighborhood. Additional shopping and dining options abound at the nearby Cottonwood Mall. Commuting is a breeze with convenience to Interstate 25.
Rent Trends
As of December 2025, the average apartment rent in Alamedan Valley is $1,077 for one bedroom. Apartment rent in Alamedan Valley has increased by 1.4% in the past year.
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1 BR
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523 sq ft
Average Sq Ft
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$1,077/month
Average Rent
Transportation
29
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
51
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Points of Interest
Shopping Centers
Parks and Recreation
- Albuquerque Balloon Museum
- Balloon Fiesta Park
- Open Space Visitor Center
- Piedras Marcadas Canyon
- Rio Grande Community Farm
Military Bases
Airports
- Albuquerque International Sunport
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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 November 2025.