Union 505
801 Locust Pl NE,
Albuquerque, NM 87102
$779 - $1,696
Studio - 2 Beds
East Albuquerque
Albuquerque, NM
East Albuquerque - Albuquerque, NM
Area Guide
An all-encompassing section of New Mexico’s largest city
Suburban
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Convenient
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Restaurants
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Shopping
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Outdoors
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Commuter
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East Albuquerque encompasses a vast swath of land stretching from Interstate 25 east out towards Carnuel. There’s a great number of neighborhoods that fall under the East Albuquerque moniker, including Nob Hill and the University of New Mexico. There are plenty of restaurants, stores, and entertainment hotspots to explore, including the Expo New Mexico, a popular events venue where you’ll find festivals and fairs all year round.
There’s a plethora of rental options available, including upscale and affordable apartments, long-standing single-family homes, and more contemporary residential developments too.
Rent Trends
As of January 2026, the average apartment rent in East Albuquerque is $814 for a studio, $980 for one bedroom, $1,197 for two bedrooms, and $1,428 for three bedrooms. Apartment rent in East Albuquerque has increased by 0.1% in the past year.
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Studio
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407 sq ft
Average Sq Ft
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$814/month
Average Rent
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1 BR
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626 sq ft
Average Sq Ft
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$980/month
Average Rent
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2 BR
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904 sq ft
Average Sq Ft
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$1,197/month
Average Rent
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3 BR
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1,159 sq ft
Average Sq Ft
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$1,428/month
Average Rent
Points of Interest
Shopping Centers
Parks and Recreation
- Meteorite Museum
- Geology Museum
- UNM Observatory
- Roosevelt Park
- Albert G. Simms Park
Military Bases
Airports
- Albuquerque International Sunport
Top Apartments in East Albuquerque
Houses for Rent in East Albuquerque
Property Management Companies
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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.