3 Days Ago
Location
4600 Central Avenue Southwest, Albuquerque, New Mexico 87105, United States
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Property Overview
Rainbow Apartments received a strong Zumper Expert Rating, reflecting its overall quality and desirability. Key pros include well-maintained amenities and a convenient location, which enhance resident satisfaction. Notable features such as modern design elements and ample parking contribute to its appeal, making it attractive for various lifestyles.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Elementary school nearby
- Images Available
Floor plans
| 0BR/1.0BA | Studio | 1 bath | 270+ sqft | $850–$875 /mo | 5 units available | ||
| 1BR/1.0BA | 1 bed | 1 bath | 325 sqft | $950 /mo | 1 unit available | ||
| 2BR/1.0BA | 2 bed | 1 bath | 650 sqft | $1,050 /mo | 1 unit available | ||
| 2BR/2.0BA | 2 bed | 2 bath | 630 sqft | $1,100 /mo | 1 unit available |
Let's explore this property.
Amenities for Rainbow Apartments
Apartment Amenities
| Gas and Electric Included | Utilities Included |
Appliances
| Gas Range | Range |
| Refrigerator |
Services
| Water, Sewer & Trash |
Neighborhood
| Close To Downtown | Close to Restaurants |
| Nearby Shopping |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 10 |
|---|
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About Rainbow Apartments
Rainbow Apartments cost $850–$1,100 per month. Located at 4600 Central Avenue Southwest, Albuquerque, New Mexico 87105, United States, Rainbow Apartments has studio — 2 bedroom units available. Based on the average rent price of 2 bedrooms in Albuquerque, renting an apartment at Rainbow Apartments is 8% cheaper per month.Other apartment buildings in or around Albuquerque include but are not limited to: 6110 Academy Rd Ne, 7100 Louisiana Boulevard Northeast, 1201 Madeira Drive Southeast, 5800 Harper Drive Northeast
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, Rainbow Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Rainbow Apartments has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Rainbow Apartments stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Rainbow Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Rainbow Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Rainbow Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Rainbow Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Rainbow Apartments compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 mile away
- Elementary school nearby
- There is an elementary school 1 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
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Rent trends in Albuquerque
Studio apartments at Rainbow Apartments cost about 6% more than the average rent price for studios in Albuquerque.
1-bedroom apartments here are priced 1% lower than 1-bedrooms in Albuquerque.
If you decide to upgrade your space, you can expect 2-bedrooms at Rainbow Apartments to be 10% less than the average for similarly sized apartments in Albuquerque.
Median rents as of Nov 22 2025.
Albuquerque
| Month | Median Rent |
|---|---|
| December 2023 | $774 |
| January 2024 | $775 |
| February 2024 | $775 |
| March 2024 | $775 |
| April 2024 | $767 |
| May 2024 | $772 |
| June 2024 | $774 |
| July 2024 | $771 |
| August 2024 | $775 |
| September 2024 | $777 |
| October 2024 | $781 |
| November 2024 | $794 |
| December 2024 | $796 |
| January 2025 | $800 |
| February 2025 | $800 |
| March 2025 | $800 |
| April 2025 | $794 |
| May 2025 | $785 |
| June 2025 | $795 |
| July 2025 | $795 |
| August 2025 | $793 |
| September 2025 | $800 |
| October 2025 | $800 |
| November 2025 | $801 |
Affordability calculator
Can I afford to live at 4600 Central Avenue Southwest?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$34,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $34,000 annually to afford this studio monthly rent price of $850.
For more information on rent affordability, visit our rent calculator.
Schools near Rainbow Apartments
Valle Vista Elementary School
1700 mae av sw
albuquerque, NM, 87105
PK, K-5Public
C-
Highland Autism Center
220 monroe sw
albuquerque, NM, 87108
PK, K-12Public
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Internet available near Rainbow Apartments
Getting around Albuquerque near 4600 Central Avenue Southwest
Walking
4/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 4600 Central Avenue Southwest, Albuquerque
Groceries
4/10
At least one supermarket within a 30-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
2/10
Some bars within walking distance
Explore the area around 4600 Central Avenue Southwest
El Super
4201 Central Ave NW
West Mesa Market
5601 Bluewater Rd NW
Smith's
111 Coors Blvd NW
La Choco Salty & Sweet
306 San Felipe St NW
Old Town Olive
1919 Old Town Rd NW
Family Dollar
4201 Central Ave NW
GenX Clothing
4201 Central Ave NW
Ross Dress For Less
4201 Central Ave NW
Burlington
4208 Central SWB
Selene's Novedades Inc
216 Old Coors Dr SW
Dunkin'
4208 Central Ave SW
Starbucks
4201 Central Ave NW
Zendo Coffee
2500 Central Ave SW
Cheese & Coffee Cafe Downtown
119 San Pasquale Ave SW
Dutch Bros Coffee
700 Coors Blvd NW
Noisy Water Winery
301 Romero St NW
High Noon Restaurant and Saloon
425 San Felipe St NW
Seasons Grill Old Town
2031 Mountain Rd NW
Casa Esencia
800 Rio Grande Blvd NW
Garduno's at Old Town
800 Rio Grande Blvd NW
Panaderia Nissi
139 Old Coors Dr SW
A Heavenly Taste Cakery
2500 Central Ave SW
Aloe Vera Center LLC
407 Rio Grande Blvd NW
Hector's Bakery
1720 Bridge Blvd SW
Ferm Brinery & Bakehouse
400 San Felipe St NW
Atrisco Park
Tom Cooper
Monastery Gardens
Pat Hurley Park
Albuquerque Biological Park Botanic Garden
Bob's Burgers
4506 Central Ave SW
Long John Silver's
4300 Central Ave SW
El Charrito Mexican Restaurant
4703 Central Ave NW
Tacobus
4801 Central Ave NW
Dunkin'
4208 Central Ave SW
Central / 46th
Central Avenue
Central / Atrisco
Central Avenue
Central / 48th
Central Avenue
Central / 47th
Central Avenue
Central / Atrisco
Central Avenue
Downtown Albuquerque Rail Runner Station
Bernalillo County Rail Runner Station
Montaño Rail Runner Station
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