# Monterey Place Apartments

> Monterey Place Apartments, Albuquerque, NM: 46 units from $881/mo. See this building's full price history, tracked daily for every unit. Studio from $1,000.

Canonical: https://average-rent.com/city/albuquerque-nm/monterey-place-apartments-albuquerque-nm/

![Monterey Place Apartments apartments in Albuquerque, NM](https://average-rent.com/api/photo/p/4805?w=1200)

Updated today at 3:09 a.m. MT

3.6 (21 reviews) [Official Website](https://www.pacificapmanagement.com/apartments/nm/albuquerque/monterey-place/?utm_source=gbp&utm_medium=organic) [(623) 303-0329](tel:%28623%29 303-0329)

Live pricing, refreshed today at 3:09 a.m. MT

46

Units Listed

$881

Starting at

$1,371

Average

$2,325

Highest

$1.84

Per Sq Ft

How does this compare? [View Sawmill Area rent trends](https://average-rent.com/city/albuquerque-nm/trends/87104/)

Beds

## Pricing by Bedroom

Studio

$1,167

from $1,000 · 5 units

1 Bed

$1,331

from $941 · 12 units

~669 sqft avg

2 Bed

$1,583

from $1,050 · 4 units

~1,274 sqft avg

Unknown

$1,397

from $881 · 25 units

~643 sqft avg

### Rent Distribution

The final bar groups units at that price or more when the range is wide.

### Price by Bedroom

## Price Breakdown

### Rent by Unit

### Price vs. Square Footage

## Price History

Lines hold the last known price between updates. Diamond markers show changes in quote terms.

Timeframe

### Property Price Trend

### Recorded building rent history

| Date or category | Average monthly rent (USD) |
| --- | --- |
| 2026-05-03 | 1,939 |
| 2026-05-04 | 1,939 |
| 2026-05-05 | 2,035 |
| 2026-05-06 | 2,035 |
| 2026-05-07 | 2,035 |
| 2026-05-08 | 2,035 |
| 2026-05-09 | 2,035 |
| 2026-05-17 | 2,035 |
| 2026-05-24 | 2,035 |
| 2026-05-31 | 2,035 |
| 2026-06-07 | 2,035 |
| 2026-06-12 | 2,035 |
| 2026-06-14 | 1,939 |
| 2026-06-21 | 1,939 |
| 2026-06-28 | 1,939 |
| 2026-07-05 | 1,939 |
| 2026-07-12 | 1,939 |
| 2026-07-20 | 1,939 |
| 2026-07-26 | 1,939 |
| 2026-09-30 | 1,806 |
| 2026-10-03 | 1,806 |
| 2026-10-04 | 1,806 |
| 2026-10-05 | 1,806 |
| 2026-10-06 | 1,806 |
| 2026-10-08 | 1,370 |
| 2026-10-09 | 1,370 |
| 2026-10-10 | 1,370 |
| 2026-10-11 | 1,806 |
| 2026-10-12 | 1,806 |
| 2026-10-13 | 1,806 |
| 2026-10-14 | 1,806 |
| 2026-10-15 | 1,806 |
| 2026-10-16 | 1,806 |
| 2026-10-17 | 1,806 |
| 2026-10-18 | 1,396 |
| 2026-10-20 | 1,396 |
| 2026-10-21 | 1,384 |
| 2026-10-22 | 1,384 |
| 2026-10-23 | 1,384 |
| 2026-10-24 | 1,371 |
| 2026-10-25 | 1,371 |
| 2026-10-26 | 1,371 |

### Units with Price Changes (2)

Last 15 days

### Unit IDValue (9): monthly asking rent (USD)

| Date or category | Monthly asking rent (USD) |
| --- | --- |
| 2026-10-18T19:23:19Z | 1,300 |
| 2026-10-24T09:45:32Z | 1,050 |
| 2026-10-26T17:37:00.658Z | 1,050 |

### Unit Floor plan - 800 sqft: monthly asking rent (USD)

| Date or category | Monthly asking rent (USD) |
| --- | --- |
| 2026-10-18T19:23:19Z | 986 |
| 2026-10-24T09:45:32Z | 1,050 |
| 2026-10-26T17:37:00.658Z | 1,050 |

## Estimated Building Revenue

Observed Lease Revenue

$25K/mo

from 13 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,935

vs $1,371 current asking

### Recent Lease Activity

59 units tracked; 13 assumed leased, 46 listed now

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

[Unlock with Pro](https://whop.com/work4coins-llc/average-rent-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

46

Very high availability

46 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

### Price vs. Sawmill Area

Neighborhood

[The Artisan at Sawmill Village Apartment](https://average-rent.com/city/albuquerque-nm/the-artisan-at-sawmill-village-apartment-albuquerque-nm/): $865

Monterey Place Apartments

$881

[The Beach](https://average-rent.com/city/albuquerque-nm/the-beach-albuquerque-nm/): $940

[Valley Apartments](https://average-rent.com/city/albuquerque-nm/valley-apartments-albuquerque-nm/): $950

[The Franz](https://average-rent.com/city/albuquerque-nm/the-franz-albuquerque-nm/): $1,050

[Country Club Lofts](https://average-rent.com/city/albuquerque-nm/country-club-lofts-albuquerque-nm/): $1,050

[El Vado Place Apartments](https://average-rent.com/city/albuquerque-nm/el-vado-place-apartments-albuquerque-nm/): $1,575

[Huning Castle Luxury Apartments](https://average-rent.com/city/albuquerque-nm/huning-castle-luxury-apartments-albuquerque-nm/): $1,895

Comparing 8 apartments in Sawmill Area. Click any bar to view that building.

[See Sawmill Area rent trends on the Albuquerque, NM map](https://average-rent.com/city/albuquerque-nm/rent-map/) [Explore Albuquerque, NM on the interactive map](https://average-rent.com/search/#city=albuquerque-nm)

## Available Units

Sort

46 units

Select a unit to see its price history and link to the rental site.

$881/mo

881 ft² · $1.00/ft²

Available: Contact for availability

$912/mo

650 ft² · $1.40/ft²

Available: Contact for availability

1 Bed

$941/mo

Available: Contact for availability

$941/mo

668 ft² · $1.41/ft²

Available: Contact for availability

$986/mo

800 ft² · $1.23/ft²

Available: Contact for availability

| Unit | Floor Plan | Bed/Bath | Sqft | Price | $/Sqft | Available | Details |
| --- | --- | --- | --- | --- | --- | --- | --- |
| -- | | -- / --ba | 881 | $881 | $1.00 | -- | |
| -- | | -- / --ba | 650 | $912 | $1.40 | -- | |
| -- | | 1bd / --ba | -- | $941 | -- | -- | |
| -- | | -- / --ba | 668 | $941 | $1.41 | -- | |
| -- | | -- / --ba | 800 | $986 | $1.23 | -- | |
| -- | | Studio / --ba | -- | $1,000 | -- | -- | |
| -- | | -- / --ba | 500 | $1,000 | $2.00 | -- | |
| -- | | 2bd / --ba | -- | $1,050 | -- | -- | Down $250 since Oct 24 |
| -- | | -- / --ba | 800 | $1,050 | $1.31 | -- | Up $64 since Oct 24 |
| -- | | -- / --ba | 655 | $1,072 | $1.64 | -- | |

## Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

[Unlock with Pro](https://whop.com/work4coins-llc/average-rent-pro/)

## Train activity

### Train activity nearby

Freight line 2,404 ft away

- Trains pass infrequently

- No road crossing within earshot. Horns unlikely.

- Operator: SNMJ

[Why this matters →](https://average-rent.com/how-it-works/#train-noise)

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](https://average-rent.com/city/albuquerque-nm/resident-access/)

No resident notes for this property yet.

## Similar Apartments in Albuquerque, NM

[El Vado Place Apartments](https://average-rent.com/city/albuquerque-nm/el-vado-place-apartments-albuquerque-nm/): ![El Vado Place Apartments apartments](https://average-rent.com/api/photo/p/4809?w=640) From $1,575/mo 3.8 rating 1 unit Next door · 79% above

[The Beach](https://average-rent.com/city/albuquerque-nm/the-beach-albuquerque-nm/): ![The Beach apartments](https://average-rent.com/api/photo/p/4817?w=640) From $940/mo 3.5 rating 33 units 0.3 mi away · 7% above

[Alvarado Apartments](https://average-rent.com/city/albuquerque-nm/alvarado-apartments-albuquerque-nm/): ![Alvarado Apartments apartments](https://average-rent.com/api/photo/p/4819?w=640) From $949/mo 3.1 rating 10 units 1.5 mi away · 8% above

[Valley Apartments](https://average-rent.com/city/albuquerque-nm/valley-apartments-albuquerque-nm/): ![Valley Apartments apartments](https://average-rent.com/api/photo/p/4823?w=640) From $950/mo 3.3 rating 6 units 1.1 mi away · 8% above

[Country Club Lofts](https://average-rent.com/city/albuquerque-nm/country-club-lofts-albuquerque-nm/): ![Country Club Lofts apartments](https://average-rent.com/api/photo/p/4818?w=640) From $1,050/mo 4.4 rating 1 unit 0.6 mi away · 19% above

[The Franz](https://average-rent.com/city/albuquerque-nm/the-franz-albuquerque-nm/): ![The Franz apartments](https://average-rent.com/api/photo/p/4816?w=640) From $1,050/mo 4.6 rating 1 unit 0.6 mi away · 19% above

### Sawmill Area Rent Trends

See how rent prices are changing in Sawmill Area and across Albuquerque, NM.

[View Trends](https://average-rent.com/city/albuquerque-nm/trends/87104/)