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Updated 1 hour ago

Palomas Apartments


1038 Palomas Dr SE Albuquerque, NM

2 Bed
•
1 Bath

900 Sq. Ft.

Available starting Sep. 27th
Floor plans
2 Beds • 1 Bath
$995
900 ft2
1 Available
Managed By: Rhino Realty Property Management, Llc
Unit 2
$995
Available Sep 27th, 2026
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View Rented Units
2 Beds • 1 Bath
$995
900 ft2
1 Available
Managed By: Rhino Realty Property Management
Lovely 2 Bedroom, 1 Bath In The SE!
$995
Available Sep 27th, 2026
View
View Rented Units
Where you'll live
Street View
Map View
Satellite View
Palomas Apartments
Palomas Apartments
Palomas Apartments
Location ratings
Walk Score®
74
Very Walkable
Transit Score®
38
Some Transit
Bike Score®
78
Very Bikeable
Amenities
On-site Laundry
Washer / Dryer Connections
Air Conditioning
Storage
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Surface Parking
Garage - Attached
Lease & Fees
Security Deposit: $500
Property details
Description

Lovely 2 Bedroom, 1 Bath In The SE! - This 2 bedroom, 1 bath has a great functional floor plan. The living room, dining room, and kitchen are open, while the bedroom, bathroom, and laundry room are off the hallway. Find relief from the hot summer days with refrigerated air. Equidistant to I-40 or I-25. Jack and Jill Park is not far. Close businesses, stores, and restaurants have, First Nations Community Health Center, 2000 Vietnam Takeout, Highland Pool, Lantern Beauty Salon, Wells Fargo, GameStop, Mister Car Wash, Las Comadres Takeout, Pep Boys, U-Haul, USPS, O'Reilly Auto Parts, Frederikito's, and Dollar Tree. Nearby schools include, Whittier Elementary, Wilson Middle, and Highland High.
Utilities:
PNM & Gas in residents name.
Residents pay water/sewer on tenant portal.
Pet Policy:
Cats & Small dogs allowed
30 lbs or less
$300 Pet Fee, nonrefundable
$30 Pet Rent/pet
Limit 2 Pets
Vehicle/Parking Policy:
Limit 1 Vehicle
Not assigned

Additional Details
Total Unit Count: 4
Last Updated: Updated 1 hour ago
Contact Number: (505) 856-0033
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Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Palomas Apartments by bedroom type below.
2 Bedroom
Suggested income:
$35,800
per year
Rent report

Palomas Apartments Rent vs. Albuquerque Average

 Palomas Apartments      Albuquerque Average
2BR
$995
$1,308
$0
$450
$900
$1,350
$1,800

Palomas Apartments is asking 24% less than the average 2 bedroom apartment in Albuquerque.

If you upsized to an average priced Albuquerque 3 bedroom apartment, you would pay 29% more per month.

If you downsized to an average priced Albuquerque 1 bedroom apartment, you would pay 21% less per month.

Palomas Apartments provides 3% less square footage than the average Albuquerque 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Palomas Apartments
2BR $995 $1.10 $2,985
Albuquerque Average
Studio $845 $2.10 $2,534
1BR $1,080 $1.70 $3,240
2BR $1,308 $1.40 $3,925
3BR $1,846 $1.40 $5,539
4BR $2,414 $1.20 $7,241

Availability in Albuquerque

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 566 1BR units on the market in Albuquerque. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 38% 37% 14% 2%
Available Units in Albuquerque
Studio 142
1BR 566
2BR 562
3BR 207
4BR 26
Location
Nearby Colleges

Central New Mexico Community College

University of New Mexico-Main Campus

FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on September 27, 2026.
What's the square footage of the available units?
It's 900 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Palomas Apartments has a 2 bedroom unit starting at $995.
Where is this property located?
This property is at 1038 Palomas Dr SE in Albuquerque, NM. It's 2.8 miles southeast from the center of Albuquerque.
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