2 Days Ago
Highlights
- Charming apartment
- No smoking
Location
121 Terrace St Se, Albuquerque, NM 87106, USA|Silver Hill
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Property Overview
121 Terrace St SE is a charming apartment with a no smoking policy, situated in a neighborhood where it ranks in the 93.1 percentile for value for money. The property is conveniently located just 0.59 miles from a top-rated high school, making it a desirable option for many residents. These features contribute to its strong overall appeal in the local real estate market.
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
Less expensive- High school nearby
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 500 sqft | $800 /mo | 1 unit available | Delightful 1 bedroom 1 bath 500/SF spacious sunny apartment just up the street from UNM-CNM and Presbyterian Hospital! Around the corner from bus lines, shopping, dining & all the Spruce Park and Brick Light District perks! Rarely available, clean, maintained and well located! 1-year lease tenant pays gas & electric plus renters insurance, No Smoking, No Dogs Please. Application showing info and details available at www MaddoxMgmt com |
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Policies and fees
Contact for more information on pet policy.
Building details
Property details
| Units | 4 |
|---|
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About 121 Terrace St SE
Delightful 1 bedroom 1 bath 500/SF spacious sunny apartment just up the street from UNM-CNM and Presbyterian Hospital! Around the corner from bus lines, shopping, dining & all the Spruce Park and Brick Light District perks! Rarely available, clean, maintained and well located! 1-year lease tenant pays gas & electric plus renters insurance, No Smoking, No Dogs Please. Application showing info and details available at www MaddoxMgmt com
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.
9.0
/10
Excellent121 Terrace St SE is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Location, which help to make this rental a great place to call home.
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.
121 Terrace St SE 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, 121 Terrace St SE 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.
121 Terrace St SE 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.
121 Terrace St SE 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·8A 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 level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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 121 Terrace St SE compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 1 mile away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in Silver Hill
1-bedroom apartments at 121 Terrace St SE cost about 12% less than the average rent price for 1-bedroom apartments in Silver Hill.
Median rents as of Sep 13 2025.
Silver Hill
Albuquerque
| Month | Median Rent |
|---|---|
| September 2023 | $775 |
| October 2023 | $780 |
| November 2023 | $720 |
| December 2023 | $773 |
| 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 |
| Month | Median Rent |
|---|---|
| October 2023 | $695 |
| November 2023 | $661 |
| December 2023 | $695 |
| March 2024 | $723 |
| April 2024 | $725 |
| May 2024 | $717 |
| June 2024 | $655 |
| July 2024 | $644 |
| August 2024 | $688 |
| September 2024 | $675 |
| October 2024 | $716 |
| November 2024 | $725 |
| December 2024 | $750 |
| January 2025 | $715 |
| February 2025 | $717 |
| March 2025 | $795 |
| April 2025 | $760 |
| May 2025 | $777 |
| June 2025 | $775 |
| July 2025 | $749 |
| August 2025 | $714 |
| September 2025 | $683 |
Affordability calculator
Can I afford to live at 121 Terrace St Se?
Bedrooms
1 bedroomRent-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
$32,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 1-bedroom monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.
Schools near 121 Terrace St SE
Monte Vista Elementary School
3211 monte vista blvd ne
albuquerque, NM, 87106
K-5Public
A-
Highland Autism Center
220 monroe sw
albuquerque, NM, 87108
PK, K-12Public
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Internet available near 121 Terrace St SE
Getting around Albuquerque near 121 Terrace St Se
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 121 Terrace St Se, Albuquerque
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
4/10
Some bars within a few minutes’ walk
Explore the area around 121 Terrace St Se
Talking Drums African Grill
1606 Central Ave SE
Smith's
320 Yale Blvd SE
La Montanita
2301 Central NE
La Montanita Co-op Food Market
3500 Central Ave SE
Manuels Food Market
601 Edith Blvd NE
And Stuff
3123 Central Ave NE
Common Criminals Clothing
312 Wellesley Pl NE
University of NM Athletics
1155 Avenida Cesar Chavez SE
Retail Therapy Abq
107 Amherst Dr SE
Toad Road
3503 Central Ave NE
Dunkin'
1902 Central Ave SE
Satellite Coffee
2300 Central Ave SE
Duggan's Coffee
2227 Lead Ave SE
Starbucks
2550 Central Ave SE
Satellite Coffee
1 University Of New Mexico Sub
Salt & Board
115 Harvard Dr SE
505 Spirits
150 Harvard Dr SE
The Copper Lounge
1504 Central Ave SE
Bosque Brewery Nob Hill
106 Girard Blvd SE
Zinc Wine Bar & Bistro
3009 Central Ave NE
Einstein Bros Bagels
2510 Central Ave SE
Einstein Bros Bagels
1 University Of New Mexico
Q's Cakes
2720 Central Ave SE
Burque Bakehouse
640 Broadway Blvd SE
Willieray's Cheesecakes
304 Coal Ave SW
Yale Park
Heights Park
Roosevelt Park
Spruce
Albuquerque Veloport
V Wang Cafe
106 Buena Vista Dr SE
Sushibucks
2106 Central Ave SE
Naruto
2110 Central Ave SE
O Ramen and Curry House
2114 Central Ave SE
El Bandido Hideout Inc
2128 Central Ave SE
Yale / Central
Airport / Downtown, Airport / Downtown
Central / Yale (UNM)
Central Avenue
Central / University
Central Avenue
Yale / Silver
Airport / Downtown
Central / Mesa
Central Avenue
Downtown Albuquerque Rail Runner Station
Bernalillo County Rail Runner Station
Montaño Rail Runner Station
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