Alvarado Apartments
611 Lead Ave SW,
Albuquerque, NM 87102
$949 - $1,699
Studio - 2 Beds
Along the mighty Rio Grande lies Albuquerque's Barelas neighborhood, about a mile west of downtown. Many of the apartments, townhomes, and condos for rent stand at the northern end of the Barelas neighborhood along Hazeldine, Coal, and Iron Avenues. Prospective residents find an abundance of swimming pools and even a few warm-weather trees throughout the residential area.
An array of local businesses and eateries call Barelas home, but locals love to go less than a half mile west for the authentic Mexican food served at El Paisa, just across the river on Bridge Boulevard. For residents who like to stay active, the Albuquerque Country Club at West Park borders Barelas' northwest end, offering golf, tennis, and other amenities to members.
As of April 2026, the average apartment rent in Barelas is $1,101 for a studio, $681 for one bedroom, $964 for two bedrooms, and $1,697 for three bedrooms. Apartment rent in Barelas has increased by 1.0% in the past year.
Studio
525 sq ft
Average Sq Ft
$1,101/month
Average Rent
1 BR
545 sq ft
Average Sq Ft
$681/month
Average Rent
2 BR
746 sq ft
Average Sq Ft
$964/month
Average Rent
3 BR
1,199 sq ft
Average Sq Ft
$1,697/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Barelas - Albuquerque, NM is for everyday living.
Fairly Walkable
Walkability
Limited Public Transit
Transit
Exceptionally Drivable
Drivability
Exceptionally Bikeable
Bikeability
Essentials are more spread out in Barelas - Albuquerque, NM, so everyday errands require more planning.
No Supermarkets Within a 30 Minute Walk
Groceries
Fair Restaurant Variety Nearby
Restaurants
Fair Café Variety Nearby
Cafes
Fair Variety of Shops Nearby
Shopping
Recreation options in Barelas - Albuquerque, NM are limited, so staying active may require more planning.
Moderate Amount of Park Space Nearby
Parks
Limited Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Barelas - Albuquerque, NM from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
Limited Nightlife Variety Nearby
Nightlife
Not Noisy
Quiet Score
3,477
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† 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 February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.