Don Quixote Apartments
1811 Lead Ave SE,
Albuquerque, NM 87106
$865 - $1,445
Studio - 2 Beds
Silver Hill
Albuquerque, NM
Silver Hill - Albuquerque, NM
Area Guide
A historic gem near colleges and downtown
Historic
•
Charming
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Convenient
•
College Town
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Affordable
•
Scenic
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Silver Hill is a longstanding neighborhood considered to be one of Albuquerque’s historic treasures. The neighborhood is situated between the University of New Mexico and the Central New Mexico Community College Main Campus, making Silver Hill a popular choice for students, faculty, and staff seeking a rental close to campus.
Silver Hill’s rental options range from apartments to houses nestled along quiet residential streets. Although the community is largely residential, locals enjoy quick access to an array of restaurants and coffeehouses in the northeastern portion of the neighborhood along Central Avenue Southeast/U.S. Route 66.
Roosevelt Park is situated in the southern stretches of Silver Hill, providing ample opportunities for outdoor recreation close to home. Another big part of Silver Hill’s allure is its convenience to Downtown Albuquerque, which sits just two miles west of the neighborhood, affording many residents short commute times and quick access to a variety of shops, markets, restaurants, attractions, and events.
Rent Trends
As of August 2025, the average apartment rent in Silver Hill is $697 for a studio, $823 for one bedroom, $1,006 for two bedrooms, and $959 for three bedrooms. Apartment rent in Silver Hill has increased by 1.0% in the past year.
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Studio
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351 sq ft
Average Sq Ft
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$697/month
Average Rent
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1 BR
-
580 sq ft
Average Sq Ft
-
$823/month
Average Rent
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2 BR
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786 sq ft
Average Sq Ft
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$1,006/month
Average Rent
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3 BR
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1,072 sq ft
Average Sq Ft
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$959/month
Average Rent
Transportation
84
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
46
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
84
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
- Roosevelt Park
- Geology Museum
- Meteorite Museum
- UNM Observatory
- Museum of Southwestern Biology
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 2025.