Alvarado Apartments
611 Lead Ave SW,
Albuquerque, NM 87102
$1,025 - $1,799 | Studio - 2 Beds
Raynolds Addition anchors the busiest area of Downtown Albuquerque and straddles the most well-traveled stretch of Route 66 in the city. Its retail space ranks among the most sought-after in town, and the bars and dining that line this glowing corridor stay as varied as the travelers who journey down America's original interstate. Residents of Raynolds Addition live at a faster pace than those in most of Albuquerque, and benefit from the high energy of the area. There’s a variety of apartments and single-family homes for rent, and with quick access to Interstate 25 and 40, this is a perfect spot for the commuting crowd.
As of April 2025, the average apartment rent in Raynolds Addition is $860 for a studio, $1,083 for one bedroom, $1,193 for two bedrooms, and $1,203 for three bedrooms. Apartment rent in Raynolds Addition has increased by 4.9% in the past year.
Studio
433 sq ft
Average Sq Ft
$860/month
Average Rent
1 BR
641 sq ft
Average Sq Ft
$1,083/month
Average Rent
2 BR
881 sq ft
Average Sq Ft
$1,193/month
Average Rent
3 BR
1,065 sq ft
Average Sq Ft
$1,203/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
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† 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.