1015 5th St NW
1015 5th St NW,
Albuquerque, NM 87102
$1,900
2 Beds
Wells Park
Albuquerque, NM
Wells Park - Albuquerque, NM
Area Guide
An up-and-coming locale with artistic allure
Historic
•
Up-and-Coming
•
Affordable
•
Charming
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Diverse
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The renaissance of the Wells Park neighborhood attracts a wide variety of renters to this historic area. Residents enjoy paying below-market rents for their modest apartments and single-family houses. They also appreciate neighborhood's easy access to Old Town and Downtown Albuquerque, making Wells Park an alluring option for anyone looking for an easy commute.
The Wells Park Neighborhood Association maintains an active presence in the rejuvenation of the neighborhood. Locals gather at the Wells Park Community Center to enjoy art classes, a robust after-school program, and pickleball tournaments. The Harwood Art Center serves as a neighborhood hub, drawing people together to participate in collaborative projects and to view the works of New Mexican artists.
Rent Trends
As of September 2025, the average apartment rent in Wells Park is $730 for one bedroom, and $878 for two bedrooms. Apartment rent in Wells Park has increased by 1.7% in the past year.
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1 BR
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651 sq ft
Average Sq Ft
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$730/month
Average Rent
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2 BR
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856 sq ft
Average Sq Ft
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$878/month
Average Rent
Transportation
69
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
39
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
80
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
- New Mexico Museum of Natural History
- Explora
- American International Rattlesnake Museum
- Museum of Southwestern Biology
- Tingley Beach
Military Bases
Airports
- Albuquerque International Sunport
Top Apartments in Wells Park
Houses for Rent in Wells Park
Property Management Companies
Greystar
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AMC
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673
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131,736
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264
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RPM
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631
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169,500
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FPI Management
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622
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220
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Cushman & Wakefield
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531
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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 September 2025.