Encanto Lofts Apartments
4501 Shepard Rd NE,
Albuquerque, NM 87110
$764 - $1,075
Studio - 2 Beds
Area Guide
With its mountain views and desert landscape, McKinley is a terrific neighborhood to find your next rental in Albuquerque. McKinley is located just two miles north of downtown, less than one mile from the University of Mexico, and eight miles northwest of Kirtland Air Force Base.
Ranch-style homes and a variety of affordable apartment communities wrap around the neighborhood's parks and shopping districts. Grisham Park, the largest park in the neighborhood, provides a playground, walking trails, and exercise stations. San Mateo Boulevard, the neighborhood's eastern border, features a variety of shops and restaurants. Other businesses are located along Carlisle Boulevard, the neighborhood's western border.
As of July 2026, the average apartment rent in McKinley is $829 for a studio, $1,101 for one bedroom, and $1,509 for two bedrooms. Apartment rent in McKinley has increased by 2.7% in the past year.
Studio
419 sq ft
Average Sq Ft
$829/month
Average Rent
1 BR
651 sq ft
Average Sq Ft
$1,101/month
Average Rent
2 BR
1,112 sq ft
Average Sq Ft
$1,509/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly McKinley - Albuquerque, NM is for everyday living.
Moderately Walkable
Walkability
Limited Public Transit
Transit
Very Drivable
Drivability
Moderately Bikeable
Bikeability
McKinley - Albuquerque, NM offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 10 Minute Walk
Groceries
Good Restaurant Variety Nearby
Restaurants
Fair Café Variety Nearby
Cafes
Great Variety of Shops Nearby
Shopping
McKinley - Albuquerque, NM provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
Fair Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in McKinley - Albuquerque, NM from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
Fair Nightlife Variety Nearby
Nightlife
Somewhat Noisy
Quiet Score
† 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.