Monterey Place
2320 Central Ave SW,
Albuquerque, NM 87104
$1,400 - $1,706 | 1-2 Beds
Downtown Albuquerque
Albuquerque, NM
Downtown Albuquerque - Albuquerque, NM
Area Guide
A buzzing business district with abundant dining and nightlife
Business
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Busy
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Vibrant
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Nightlife
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Restaurants
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Affordable
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Urban
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Nestled off the Rio Grande in the heart of the city, Downtown Albuquerque is a bustling neighborhood and business hub that’s raved about for its lively dining and nightlife scene. Residents and visitors alike enjoy the surrounding upscale Southwestern eateries, farm-to-table dining, dance clubs, and live music hotspots. Downtown offers easy access to major interstates, public transit, country clubs, and popular attractions. After you find your affordable apartment in this buzzing business district, check out the ABQ BioPark Aquarium and Zoo, the New Mexico Museum of Natural History and Science, and the nearby Indian Pueblo Cultural Center. Downtown Albuquerque is the ideal locale for professionals and students, faculty, and staff of the University of New Mexico.
Rent Trends
As of February 2025, the average apartment rent in Downtown Albuquerque is $885 for a studio, $1,076 for one bedroom, $1,344 for two bedrooms, and $1,620 for three bedrooms. Apartment rent in Downtown Albuquerque has increased by 1.1% in the past year.
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Studio
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401 sq ft
Average Sq Ft
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$885/month
Average Rent
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1 BR
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646 sq ft
Average Sq Ft
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$1,076/month
Average Rent
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2 BR
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885 sq ft
Average Sq Ft
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$1,344/month
Average Rent
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3 BR
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928 sq ft
Average Sq Ft
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$1,620/month
Average Rent
Points of Interest
Shopping Centers
Parks and Recreation
- Albuquerque Biological Park
- ABQ BioPark Zoo
- Tingley Beach
- American International Rattlesnake Museum
- Museum of Southwestern Biology
Military Bases
Airports
- Albuquerque International Sunport
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