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Updated 1 Day Ago

Highlights

  • On-site laundry
  • Open kitchen
  • Open floorplan
  • Washer/dryer onsite
  • Near shopping, dining

Location

401 Espanola St Se, Albuquerque, NM 87108, USA|Trumbull Village
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Contact

Management

Elevated Management Group

Leasing office

(505) 305-0692

Property Overview

The Four01 earns a strong Zumper rating, driven by standout value, solid amenities, and a highly convenient location, along with verified quality and good listing transparency. It offers practical features like on-site laundry, an open kitchen and floorplan, and washer/dryer onsite, while also being near shopping and dining; it may especially appeal to renters who value pet-friendly access and nearby services.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.9
Very Good
With a solid 8.9 out of 10 overall, The Four01 is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, The Four01 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • More space
  • Laundry available on site

Great for

  • Pet owners

Floor plans

Move In Special! SECOND FULL MONTHS RENT FREE1 bed1 bath535+ sqft$725 /mo4 units available

Let's explore this property.

Amenities for The Four01

Appliances

In-Unit Laundry

Building

Dogs OKOnsite Laundry
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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Not allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Year built1978
Units4
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About The Four01

HomeApartments in AlbuquerqueTrumbull Village The Four01

SCHEDULE A SHOWING ONLINE AT: showmojo. com lz e3ffe7c078 ---- MOVE-IN SPECIAL: SECOND FULL MONTHS RENT FREE! 1 Bed, 1 Bath Upstairs Unit – $725/mo Bright and updated 1-bedroom, 1-bathroom apartment with TONS of closet space! Features fresh paint, new flooring, off-street parking, and on-site laundry. Perfectly located near shopping, dining, bus stops, schools, and parks with easy freeway and base access. Rental Criteria & Fees: Rent: $725/month Deposit: $725 Application Fee: $50 Credit Score: 550 minimum (collections considered) Income: Minimum 2.5x the rent (vouchers accepted) Utilities: Tenant pays electricity (Water/Sewer/Trash included!) Pets: Small dogs allowed with a $300–$500 non-refundable fee + $25–$35 monthly pet rent (No cats) Corner Unit Gas Near Near 550 Near Airport Near Albuquerque Academy Near Banks Near Bike Paths Near Breweries Near Bus Stop Near Cnm Near Country Club Near Dentist Near Dining Near Dog Park Near Downtown Near Freeway Near Gas Stations Near Laundry Near Nobhill Near Old Town Near Parks Near Public Transportation Near Restaurants Near Schools Near Shopping Near Unm Near Uptown Near Zoo Nearby Shopping Onsite Laundry Open Floorplan Open Kitchen Sewer Trash Upstairs Unit Washer/Dryer Onsite Water


Year Built: 1978

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.
8.9
/10
Very Good
With a solid 8.9 out of 10 overall, The Four01 is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, The Four01 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated The Four01
Price·10A 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.
The Four01 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A 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.
With multiple in-demand amenities, The Four01 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Four01 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·9A 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.
The Four01 has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
The Four01 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.

The Four01 is great for:

Pet owners

  • 1 dog park within 1 mile
  • 1 pet grooming service nearby
  • 2 pet supply stores near the property

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 The Four01 compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
More space
The 1-bedroom is 77 sqft larger than other listings nearby
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away

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Rent trends in Trumbull Village

1-bedroom apartments at The Four01 cost about 12% less than the average rent price for 1-bedroom apartments in Trumbull Village.

Median rents as of Sep 5 2026.
Trumbull Village
Albuquerque
A table of studio rental data trends in Albuquerque
MonthMedian Rent
September 2024$775
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$800
December 2025$796
January 2026$801
February 2026$800
March 2026$802
April 2026$813
May 2026$801
June 2026$804
July 2026$808
August 2026$801
September 2026$805
A table of studio rental data trends in Trumbull Village
MonthMedian Rent
September 2024$695
October 2024$695
November 2024$686
December 2024$706
January 2025$721
February 2025$727
March 2025$723
April 2025$732
May 2025$721
June 2025$727
July 2025$725
August 2025$720
September 2025$695
October 2025$710
November 2025$695
December 2025$695
January 2026$695
February 2026$695
March 2026$695
April 2026$707
May 2026$714
June 2026$732
July 2026$742
August 2026$740
September 2026$735

Affordability calculator

Can I afford to live at 401 Espanola St Se?

Bedrooms

1 bedroom

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

$29,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $29,000 annually to afford this 1-bedroom monthly rent price of $725.
For more information on rent affordability, visit our rent calculator.

Schools near The Four01

CABQ Plaza Feliz Child Development Center

517 san pablo se

albuquerque, NM, 87108

PKPublic

Emerson Elementary School

620 georgia st se

albuquerque, NM, 87108

PK, K-5Public
C

CABQ Hawthorne Pre - Kindergarten Center

445 erbbe st ne

albuquerque, NM, 87123

PKPublic

Highland Autism Center

220 monroe sw

albuquerque, NM, 87108

PK, K-12Public

CABQ Tomasita Child Development Center

701 tomasita ne

albuquerque, NM, 87123

PKPublic
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Internet available near The Four01

Neighborhood

Trumbull Village | Albuquerque, NM

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Albuquerque near 401 Espanola St Se

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 401 Espanola St Se, Albuquerque

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

7/10
At least one elementary school within a 20-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

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