How much does it cost to rent at Olympus Encantada?

Rent at Olympus Encantada in Albuquerque, NM ranges from $1,491 to $2,214 per month as of September 23, 2026.

What is the average 1 bed rent at Olympus Encantada?

The average 1 bed apartment at Olympus Encantada costs $1,644/month, starting from $1,491.

What is the average 2 bed rent at Olympus Encantada?

The average 2 bed apartment at Olympus Encantada costs $1,934/month, starting from $1,802.

What is the average 3 bed rent at Olympus Encantada?

The average 3 bed apartment at Olympus Encantada costs $2,139/month, starting from $2,113.

Is Olympus Encantada a good apartment complex?

Olympus Encantada has a 4.4-star rating on Google based on 333 reviews.

Updated September 23, 2026 at 12:20 a.m. MT

Olympus Encantada

6401 Santa Monica Ave NE, Albuquerque, NM 87109, USA

4.4 (333 reviews) Official Website (505) 207-2658

Live pricing, refreshed September 23, 2026 at 12:20 a.m. MT

Units Listed

$1,491

Starting at

$1,800

Average

$2,214

Highest

$1.72

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Rhodes Acres rent trends

Beds

Pricing by Bedroom

1 Bed

$1,644

from $1,491 · 22 units

~849 sqft avg

2 Bed

$1,934

from $1,802 · 18 units

~1,230 sqft avg

3 Bed

$2,139

from $2,113 · 3 units

~1,408 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 (39)

Largest 8 movers of 39

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: moderate (building size is modeled).

Est. Monthly Revenue

$1.6M

$19M annual run rate

Modeled estimate

Est. Occupancy

95%

of about 888 units (modeled from leasing activity)

Effective Rent on New Leases

$1,844

vs $1,800 current asking

Recent Lease Activity

218 units tracked; 175 assumed leased, 43 listed now

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

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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

Very high availability

12 floor plans

Move-in Specials

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. Rhodes Acres

Neighborhood

Lincoln Place

$897 Norte Villas

$899 Tesota Morningside

$935 Villas De La Terraza

$999 Overture Albuquerque

$1,000 Silverado

$1,010 Milo Apartments

$1,026 The Towers Apartments

$1,055 Woodberry Heights

$1,055 Academy Square Apartments

$1,055

Olympus Encantada

$1,491

Comparing 11 apartments in Rhodes Acres. Click any bar to view that building.

See Rhodes Acres rent trends on the Albuquerque, NM map Explore Albuquerque, NM on the interactive map

Available Units

Sort

43 units

1 Bed A1A-sm

$1,491/mo

829 ft² · $1.80/ft² · #3042

Down $53 since Sep 23 (was $1,544)

1 Bed A1A-sm

$1,505/mo

829 ft² · $1.82/ft² · #2105

Down $2 since Sep 10 (was $1,507)

1 Bed A1A-sm

$1,520/mo

829 ft² · $1.83/ft² · #2039

Down $2 since Sep 10 (was $1,522)

1 Bed A1A-sm

$1,525/mo

829 ft² · $1.84/ft² · #1048

1 Bed A1A-sm

$1,528/mo

829 ft² · $1.84/ft² · #2049

Down $54 since Sep 23 (was $1,582)

1 Bed A1A-sm

$1,528/mo

829 ft² · $1.84/ft² · #2061

Down $54 since Sep 23 (was $1,582)

1 Bed A1A-sm

$1,530/mo

829 ft² · $1.85/ft² · #1006

Down $2 since Sep 10 (was $1,532)

1 Bed A1A-sm

$1,550/mo

829 ft² · $1.87/ft² · #3047

Down $2 since Sep 10 (was $1,552)

1 Bed A1A-sm

$1,555/mo

829 ft² · $1.88/ft² · #1081

Down $2 since Sep 10 (was $1,557)

1 Bed A1A-sm

$1,555/mo

829 ft² · $1.88/ft² · #2004

Down $2 since Sep 10 (was $1,557)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
3042	A1A-sm	1bd / --ba	829	$1,491	$1.80	Now	Pro	Down $53 since Sep 23
2105	A1A-sm	1bd / --ba	829	$1,505	$1.82	Oct 10, 2026	Pro	Down $2 since Sep 10
2039	A1A-sm	1bd / --ba	829	$1,520	$1.83	Oct 17, 2026	Pro	Down $2 since Sep 10
1048	A1A-sm	1bd / --ba	829	$1,525	$1.84	Oct 8, 2026	Pro
2049	A1A-sm	1bd / --ba	829	$1,528	$1.84	Now	Pro	Down $54 since Sep 23
2061	A1A-sm	1bd / --ba	829	$1,528	$1.84	Now	Pro	Down $54 since Sep 23
1006	A1A-sm	1bd / --ba	829	$1,530	$1.85	Oct 31, 2026	Pro	Down $2 since Sep 10
3047	A1A-sm	1bd / --ba	829	$1,550	$1.87	Nov 14, 2026	Pro	Down $2 since Sep 10
1081	A1A-sm	1bd / --ba	829	$1,555	$1.88	Nov 14, 2026	Pro	Down $2 since Sep 10
2004	A1A-sm	1bd / --ba	829	$1,555	$1.88	Oct 27, 2026	Pro	Down $2 since Sep 10
2106	A1A-sm	1bd / --ba	829	$1,560	$1.88	Dec 26, 2026	Pro	Down $2 since Sep 10
2081	A1A-sm	1bd / --ba	829	$1,590	$1.92	Oct 10, 2026	Pro	Down $2 since Sep 10
02111	A1A-sp	1bd / --ba	829	$1,630	$1.97	Oct 10, 2026	Pro	Down $2 since Sep 10
2040	A1A-sm	1bd / --ba	829	$1,645	$1.98	Nov 21, 2026	Pro
1100	A1A-sm	1bd / --ba	829	$1,665	$2.01	Nov 10, 2026	Pro	Down $2 since Sep 10
02025	A1A-sp	1bd / --ba	829	$1,690	$2.04	Nov 4, 2026	Pro	Down $2 since Sep 10
02024	A1A-sp	1bd / --ba	829	$1,720	$2.07	Oct 10, 2026	Pro	Down $2 since Sep 10
02110	A1A-sp	1bd / --ba	829	$1,755	$2.12	Now	Pro	Down $2 since Sep 10
1013	B2A-sm	2bd / --ba	1,206	$1,802	$1.49	Nov 1, 2026	Pro	Down $23 since Sep 23
3116	B2A-sm	2bd / --ba	1,206	$1,811	$1.50	Now	Pro	Down $24 since Sep 23
2125	B2A-sm	2bd / --ba	1,206	$1,816	$1.51	Now	Pro	Down $24 since Sep 23
3089	B2A-sm	2bd / --ba	1,206	$1,835	$1.52	Now	Pro	Down $24 since Sep 23
03006	B2B-sp	2bd / --ba	1,218	$1,869	$1.53	Now	Pro	Down $24 since Sep 23
3092	B2A-sm	2bd / --ba	1,206	$1,874	$1.55	Now	Pro	Down $24 since Sep 23
2102	B2C-sm*	2bd / --ba	1,308	$1,880	$1.44	Nov 21, 2026	Pro	Down $1 since Sep 20
2053	A1B-sm	1bd / --ba	909	$1,885	$2.07	Oct 23, 2026	Pro	Up $8 since Sep 2
2120	A1B-sm	1bd / --ba	909	$1,885	$2.07	Oct 10, 2026	Pro	Up $8 since Sep 2
2072	B2A-sm	2bd / --ba	1,206	$1,898	$1.57	Oct 21, 2026	Pro	Down $1 since Sep 20
01016	B2B-sp	2bd / --ba	1,218	$1,905	$1.56	Nov 14, 2026	Pro	Down $1 since Sep 20
1057	B2B-sm	2bd / --ba	1,218	$1,905	$1.56	Dec 5, 2026	Pro	Down $1 since Sep 20
01006	B2A-sp	2bd / --ba	1,206	$1,926	$1.60	Now	Pro	Down $25 since Sep 23
01059	A1B-sp*	1bd / --ba	935	$1,928	$2.06	Now	Pro	Down $25 since Aug 5
02105	A1C-sp	1bd / --ba	998	$1,930	$1.93	Nov 7, 2026	Pro
1101	B2B-sm	2bd / --ba	1,218	$1,943	$1.60	Oct 24, 2026	Pro	Down $1 since Sep 20
02003	B2A-sp	2bd / --ba	1,206	$1,990	$1.65	Now	Pro	Down $1 since Sep 20
2086	B2C-sm*	2bd / --ba	1,308	$2,000	$1.53	Now	Pro	Down $1 since Sep 20
02004	B2A-sp	2bd / --ba	1,206	$2,038	$1.69	Oct 10, 2026	Pro	Up $62 since Sep 20
3014	B2A-sm	2bd / --ba	1,206	$2,040	$1.69	Nov 26, 2026	Pro	Down $1 since Sep 20
01046	B2C-sp*	2bd / --ba	1,298	$2,074	$1.60	Now	Pro	Down $27 since Sep 23
2111	C2A-sm	3bd / --ba	1,408	$2,113	$1.50	Now	Pro	Up $12 since Sep 23
2122	C2A-sm	3bd / --ba	1,408	$2,113	$1.50	Now	Pro	Up $12 since Sep 23
1094	C2A-sm	3bd / --ba	1,408	$2,191	$1.56	Now	Pro	Up $12 since Sep 23
01049	B2C-sp*	2bd / --ba	1,298	$2,214	$1.71	Now	Pro

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.

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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.