Union 505
801 Locust Pl NE,
Albuquerque, NM 87102
$816 - $1,907 Total Monthly Price
Studio - 2 Beds
Santa Barbara-Martineztown
Albuquerque, NM
Santa Barbara-Martineztown - Albuquerque, NM
Area Guide
Stepping into parts of Santa Barbara-Martineztown feel like stepping into Albuquerque's past. This historic neighborhood dates back to the 19th century and features some of Albuquerque's most historic residences outside of Old Town. Quiet, winding streets, old-growth trees, and eclectic building styles hint at this storied history. However, the area's proximity to downtown Albuquerque and easy access to I-25 and I-40 have made it a desirable neighborhood for developers, so many high-end lofts and modern apartments are also available for rent. Stop by Manuel's Food Market, a historic grocery store, for a fresh tamale, or venture slightly southeast into East Downtown, known locally as EDo, for a weekend brunch at the Grove Cafe, which residents voted best in Albuquerque. Afterwards, get your exercise at the 12-acre Santa Barbara Park, which offers playgrounds, softball fields, and more.
Rent Trends
As of January 2026, the average apartment rent in Santa Barbara-Martineztown is $819 for a studio, $1,043 for one bedroom, $1,256 for two bedrooms, and $1,318 for three bedrooms. Apartment rent in Santa Barbara-Martineztown has increased by 3.3% in the past year.
-
Studio
-
332 sq ft
Average Sq Ft
-
$819/month
Average Rent
-
1 BR
-
455 sq ft
Average Sq Ft
-
$1,043/month
Average Rent
-
2 BR
-
648 sq ft
Average Sq Ft
-
$1,256/month
Average Rent
-
3 BR
-
1,146 sq ft
Average Sq Ft
-
$1,318/month
Average Rent
Transportation
57
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
36
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
73
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Points of Interest
Shopping Centers
Parks and Recreation
- UNM Observatory
- Museum of Southwestern Biology
- Geology Museum
- Meteorite Museum
- Explora
Military Bases
Airports
- Albuquerque International Sunport
Top Apartments in Santa Barbara-Martineztown
Houses for Rent in Santa Barbara-Martineztown
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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.