How much does it cost to rent at Alvarado Apartments?

Rent at Alvarado Apartments in Albuquerque, NM ranges from $1,087 to $1,499 per month as of August 1, 2026.

What is the average studio rent at Alvarado Apartments?

The average studio apartment at Alvarado Apartments costs $1,087/month, starting from $1,087.

What is the average 1 bed rent at Alvarado Apartments?

The average 1 bed apartment at Alvarado Apartments costs $1,365/month, starting from $1,249.

What is the average 2 bed rent at Alvarado Apartments?

The average 2 bed apartment at Alvarado Apartments costs $1,499/month, starting from $1,499.

Is Alvarado Apartments a good apartment complex?

Alvarado Apartments has a 3.1-star rating on Google based on 150 reviews.

Updated today at 1:10 p.m. MT

Alvarado Apartments

Name: Alvarado Apartments
Address: 611 Lead Ave SW, Albuquerque, NM, 87102, US
Telephone: (505) 842-6194
Rating: 3.1

611 Lead Ave SW, Albuquerque, NM 87102, USA

3.1 (150 reviews) Official Website (505) 842-6194

Live pricing, refreshed today at 1:10 p.m. MT

Units Listed

$1,087

Starting at

$1,350

Average

$1,499

Highest

$1.86

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Broadway Central Corridor Partnership rent trends

Beds

Pricing by Bedroom

Studio

$1,087

from $1,087 · 1 units

~432 sqft avg

1 Bed

$1,365

from $1,249 · 8 units

~725 sqft avg

2 Bed

$1,499

from $1,499 · 1 units

~1,030 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (7)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

Building size: modeled from how many distinct units we have observed over time
Occupancy: building size minus currently listed units
Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: observed data only.

Observed Lease Revenue

$6,894/mo

from 5 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,379

vs $1,350 current asking

Recent Lease Activity

15 units tracked; 5 assumed leased, 10 listed now

See which units leased, when they left the market, and the rent they leased at.

Unlock with Pro

Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

Moderate availability

10 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Broadway Central Corridor Partnership

Neighborhood

Union 505 Apartments

$857 Silver Moon Lodge

$897 Peaks at Sandia View

$975

Alvarado Apartments

$1,087

Lofts at Albuquerque High

$1,095 Edo Spaces

$1,095 Villa De San Felipe

$1,130

Comparing 7 apartments in Broadway Central Corridor Partnership. Click any bar to view that building.

See Broadway Central Corridor Partnership rent trends on the Albuquerque, NM map Explore Albuquerque, NM on the interactive map

Available Units

Sort

10 units

Studio / 1 Bath A

$1,087/mo

432 ft² · $2.52/ft² · #A

Up $108 since Jul 29 (was $979)

1 Bed / 1 Bath A1 PR

$1,249/mo

563 ft² · $2.22/ft² · #A1 PR

Down $50 since Jun 26 (was $1,299)

1 Bed / 1 Bath A1

$1,325/mo

563 ft² · $2.35/ft² · #A1

Up $26 since Jul 29 (was $1,299)

1 Bed / 1 Bath A3

$1,340/mo

757 ft² · $1.77/ft² · #A3

Down $59 since Jul 29 (was $1,399)

1 Bed / 1 Bath A3 R

$1,349/mo

757 ft² · $1.78/ft² · #A3 R

Down $239 since Jul 3 (was $1,588)

1 Bed / 1 Bath A2

$1,355/mo

700 ft² · $1.94/ft² · #A2

Up $156 since Jul 29 (was $1,199)

1 Bed / 1 Bath A2 R

$1,365/mo

700 ft² · $1.95/ft² · #A2 R

Down $188 since Jul 29 (was $1,553)

1 Bed / 1 Bath A4S

$1,435/mo

880 ft² · $1.63/ft² · #A4S

Up $36 since Jul 29 (was $1,399)

1 Bed / 1 Bath A4S R

$1,499/mo

880 ft² · $1.70/ft² · #A4S R

Down $180 since Jul 9 (was $1,679)

2 Bed / 2 Bath B1

$1,499/mo

1,030 ft² · $1.46/ft² · #B1

Down $126 since Jul 29 (was $1,625)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
A	A	Studio / 1ba	432	$1,087	$2.52	--	Pro	Up $108 since Jul 29
A1 PR	A1 PR	1bd / 1ba	563	$1,249	$2.22	--	Pro	Down $50 since Jun 26
A1	A1	1bd / 1ba	563	$1,325	$2.35	--	Pro	Up $26 since Jul 29
A3	A3	1bd / 1ba	757	$1,340	$1.77	--	Pro	Down $59 since Jul 29
A3 R	A3 R	1bd / 1ba	757	$1,349	$1.78	--	Pro	Down $239 since Jul 3
A2	A2	1bd / 1ba	700	$1,355	$1.94	--	Pro	Up $156 since Jul 29
A2 R	A2 R	1bd / 1ba	700	$1,365	$1.95	--	Pro	Down $188 since Jul 29
A4S	A4S	1bd / 1ba	880	$1,435	$1.63	--	Pro	Up $36 since Jul 29
A4S R	A4S R	1bd / 1ba	880	$1,499	$1.70	--	Pro	Down $180 since Jul 9
B1	B1	2bd / 2ba	1,030	$1,499	$1.46	--	Pro	Down $126 since Jul 29

Train activity

Trains close by

Passenger line 2,234 ft away · 28 trains/day

17 daytime, 11 overnight
No road crossing within earshot. Horns unlikely.
Operator: NMRX

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Albuquerque, NM notes

No resident notes for this property yet.