Farolito Senior Apartments
10501 Central Ave NE,
Albuquerque, NM 87123
$985 - $1,586
1-2 Beds
East Central Business Park
Albuquerque, NM
East Central Business Park - Albuquerque, NM
Area Guide
Eleven miles east of downtown Albuquerque, East Central Business Park is a small residential neighborhood of apartment buildings and adobe homes. This area offers locals a quiet, close-knit community within the city borders, with access to downtown using several bus lines.
Outdoor enthusiasts hop on I-40 and head to South Sandia Peak, a 9,782-foot mountain situated east of East Central Business Park. Hike the trails to the summit and enjoy spectacular views of the surrounding mountains in New Mexico. Back home, stop by Mr. Powdrell's Barbeque for tasty southern barbeque, including pulled pork and fried okra. Bargain hunters go to the Indoor Flea Market to stock up on their favorite collectibles and vintage clothing from more than 100 local vendors.
Rent Trends
As of December 2025, the average apartment rent in East Central Business Park is $711 for one bedroom, and $814 for two bedrooms. Apartment rent in East Central Business Park has increased by 1.4% in the past year.
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1 BR
-
585 sq ft
Average Sq Ft
-
$711/month
Average Rent
-
2 BR
-
710 sq ft
Average Sq Ft
-
$814/month
Average Rent
Transportation
46
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
39
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
79
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Points of Interest
Shopping Centers
Parks and Recreation
- Meteorite Museum
- Geology Museum
- UNM Observatory
- Roosevelt Park
- Albert G. Simms Park
Military Bases
Airports
- Albuquerque International Sunport
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.