422 Alcazar St NE
422 Alcazar St NE,
Albuquerque, NM 87108
$2,300 | 3 Beds
Fair West
Albuquerque, NM
Fair West - Albuquerque, NM
Area Guide
A charming neighborhood in east Albuquerque
Historic
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Charming
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Walkable
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Convenient
•
Diverse
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With easy access to grocery stores, local restaurants, and more, Fair West ranks among Albuquerque's most walkable and bike-friendly neighborhoods. This historic neighborhood dates back to before the Great Depression, although its growth really began in the 1950s. This resulted in an eclectic mix of homes, ranging from old adobes to sprawling brick ranch homes. The area also features several apartment buildings and townhomes available for rent.
Fair West's main attraction is Expo New Mexico, which is home to the New Mexico State Fair. During the rest of the year, the venue hosts concerts, flea markets, and art exhibitions. Sports and gaming fans can visit the Downs Racetrack and Casino, which offers live horse racing, table games and slots, and both casual and upscale dining options. For shopping and more restaurants, head just a mile north to ABQ Uptown, where you can enjoy hours of browsing the diverse retail outlets and entertainment venues.
Rent Trends
As of March 2025, the average apartment rent in Fair West is $779 for a studio, $782 for one bedroom, and $1,021 for two bedrooms. Apartment rent in Fair West has increased by 2.3% in the past year.
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Studio
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350 sq ft
Average Sq Ft
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$779/month
Average Rent
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1 BR
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531 sq ft
Average Sq Ft
-
$782/month
Average Rent
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2 BR
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1,000 sq ft
Average Sq Ft
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$1,021/month
Average Rent
Transportation
79
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
43
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
- Geology Museum
- Meteorite Museum
- UNM Observatory
- Roosevelt Park
- Museum of Southwestern Biology
Military Bases
Airports
- Albuquerque International Sunport
Top Apartments in Fair West
Houses for Rent in Fair West
Property Management Companies
Greystar
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618
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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 February 2025.