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Union 505 Apartments apartments in Albuquerque, NM

Updated

Union 505 Apartments

Live pricing, refreshed

49
Units Listed
$740
Starting at
$1,011
Average
$1,220
Highest
$2.14
Per Sq Ft
PRO
Avg Days Listed

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

Beds

Pricing by Bedroom

Studio
$805
from $740 · 12 units
~324 sqft avg
1 Bed
$1,015
from $874 · 22 units
~454 sqft avg
2 Bed
$1,170
from $1,071 · 15 units
~615 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

Units with Price Changes (25)

Largest 8 movers of 25

Last 15 days

Estimated Building Revenue

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

$9,295/mo

from 10 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$930

vs $1,011 current asking ($81 negotiation gap)

Recent Lease Activity

59 units tracked; 10 assumed leased, 49 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

49

Very high availability

4 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.

Available Units

49 units

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

Studio / 1 Bath Unit 1234
$740/mo
324 ft² · $2.28/ft²

Base rent · 15 months

Available: Nov 19, 2026

Down $9 since Nov 8 (was $749)
Studio / 1 Bath Unit 1219
$766/mo
324 ft² · $2.36/ft²

Base rent · 15 months

Available: Nov 20, 2026

Down $8 since Nov 8 (was $774)
Studio / 1 Bath Unit 1210
$801/mo
324 ft² · $2.47/ft²

Base rent · 15 months

Available: Dec 30, 2026

Studio / 1 Bath Unit 1055
$801/mo
324 ft² · $2.47/ft²

Base rent · 15 months

Available: Nov 18, 2026

Down $4 since Nov 3 (was $805)
Studio / 1 Bath Unit 1066
$801/mo
324 ft² · $2.47/ft²

Base rent · 15 months

Available: Dec 11, 2026

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.

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Broadway Central Corridor Partnership Rent Trends

See how rent prices are changing in Broadway Central Corridor Partnership and across Albuquerque, NM.

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