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404 Prospect Ave NE

Albuquerque, NM 87102 - Bernalillo County

Apartment

2 beds

1 bath

900 sqft

No pets

In-unit laundry

About 404 Prospect Ave NE

This one of a kind rental is upstairs from Pinto Design in Martineztown. Two bedroom one bath with gated parking and Washer/dryer in unit tenant pays all utilities. Close to NM Rail Runner and Downtown. No Smoking, No Pets please. Renter insurance required.

151 days on RentalSource

RentalSource last checked: 20 hours ago · Listing updated: October 25, 2026

Managed by: Maddox Management · (505) 242-0989

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$1,500
Bedrooms:	2 beds
Bathrooms:	1 bath
Size:	900 sqft

Pets:	No
Laundry:	In unit
Parking:	Yes
Available:	Now
ID:	83736532

Amenities

All Utilities Included
Washer/Dryer In Unit
Parking
Smoke-Free

Leasing Information

Fees

Deposit $1,400 (mandatory, refundable, move-in).

Additional Details

This 2-bedroom, 1-bathroom apartment at 404 Prospect Ave NE in Albuquerque, NM 87102 rents for $1,500 a month. It has 900 square feet. 404 Prospect Ave NE was advertised by Maddox Management on June 2, 2026.

How the Rent Compares

At $1,500 a month, this apartment is above the typical rent for 2-bedroom apartments and condos in Albuquerque (about $1,310).

From 236 two-bedroom apartments and condos listed in Albuquerque on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$1,310Typical rent for 2-bedroom apartments and condos in Albuquerque

$1,100–$1,660Middle half of their rents

24 daysAverage time they have been listed

See 2+ bedroom rentals in Albuquerque

Rent History

The rent has dropped from $1,695 to $1,500 since it was listed on June 2. This home was last listed for rent on RentalSource from September 2025 to April 2026 for $1,695. Today's rent is $195 lower.

Rent history for this home, newest first
Date	Event	Rent	Change
August 20, 2026	Price change	$1,500−11.5%	−11.5%
June 2, 2026	Listed for rent	$1,695
April 23, 2026	Listing removed	$1,695
September 12, 2025	Listed for rent	$1,695+25.6%	+25.6%
January 15, 2024	Listing removed	$1,350
July 3, 2022	Listing removed	$1,195

These are listed prices. What renters actually paid may have been different.

Affordability Calculator

Can I afford to live at 404 Prospect Ave NE?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$60,000 /year

With your chosen rent-to-income ratio, an annual income of $60,000 is recommended to comfortably afford this 2-bedroom rental priced at $1,500 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$1,500

Deposit $1,400 · All fees

Can I afford this home?

Interested in 404 Prospect Ave NE?

Find out more about this property & see if it's available now.

Property managed by:

Maddox Management

(505) 242-0989 · View all 36 rentals

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.