Farolito Senior Apartments
10501 Central Ave NE,
Albuquerque, NM 87123
$985 - $1,586
1-2 Beds
Area Guide
East Central Business Park Albuquerque, NM
Eleven miles east of downtown Albuquerque, East Central Business Park is a small residential neighborhood of apartment buildings and adobe homes. This area offers locals a quiet, close-knit community within the city borders, with access to downtown using several bus lines. Outdoor enthusiasts hop on I-40 and head to South Sandia Peak, a 9,782-foot mountain situated east of East Central Business Park. Hike the trails to the summit and enjoy spectacular views of the surrounding mountains in New Mexico. Back home, stop by Mr. Powdrell's Barbeque for tasty southern barbeque, including pulled pork and fried okra. Bargain hunters go to the Indoor Flea Market to stock up on their favorite collectibles and vintage clothing from more than 100 local vendors.
Rent Trends
As of July 2026, the average apartment rent in East Central Business Park is $720 for one bedroom, and $824 for two bedrooms. Apartment rent in East Central Business Park has increased by 1.0% in the past year.
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1 BR
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585 sq ft
Average Sq Ft
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$720/month
Average Rent
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2 BR
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710 sq ft
Average Sq Ft
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$824/month
Average Rent
Learn More About East Central Business Park
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly East Central Business Park - Albuquerque, NM is for everyday living.
Fairly Walkable
Walkability
50
/ 100
Limited Public Transit
Transit
30
/ 100
Exceptionally Drivable
Drivability
90
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Daily Essentials
East Central Business Park - Albuquerque, NM offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 15 Minute Walk
Groceries
70
/ 100
Good Restaurant Variety Nearby
Restaurants
60
/ 100
Fair Café Variety Nearby
Cafes
40
/ 100
Fair Variety of Shops Nearby
Shopping
50
/ 100
Recreation
East Central Business Park - Albuquerque, NM provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
60
/ 100
Limited Wellness Amenity Variety Nearby
Wellness
30
/ 100
Local Vibe
Get a sense of what it’s like to live in East Central Business Park - Albuquerque, NM from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
20
/ 100
Limited Nightlife Variety Nearby
Nightlife
30
/ 100
Not Noisy
Quiet Score
90
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Wilson Pool
- Geology Museum
- Meteorite Museum
- UNM Observatory
- Roosevelt Park
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 June 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.