Zumper
modified
5+ Days Ago

Location

501 S Avenue B, Portales, NM 88130, USA
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Contact

Management

Homespot Property Management, LLC

Leasing office

(575) 356-5639

Property Overview

501 S Ave B receives a strong overall Zumper expert rating of 8.6, backed by a perfect price rating of 10, indicating excellent value for its competitive pricing. The property features central heating and cooling, stands out with its amenities rating of 9, and enjoys a prime location near schools and 43 restaurants within a mile, making it ideal for those who appreciate a vibrant social life and accessibility. Additionally, its trustworthiness rating of 8 reflects transparency in its offerings, enhancing the appeal for potential renters.

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

8.6
Very Good
With a solid 8.6 out of 10 overall, 501 S Ave B is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 501 S Ave B 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

  • Elementary school nearby
  • High school nearby
  • Middle school nearby

Great for

  • Social life

Floor plans

2BR/1.0BA2 bed1 bath756 sqft$850 /mo1 unit available2 Bedroom, 1 bath (duplex) - Central heating and cooling, utility room with washer & dryer hook-ups. Tenants pay electricity (Xcel). 1 small pet may be considered, pet fee+monthly pet rent apply.

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Amenities for 501 S Ave B

Appliances

RangeRefrigerator
Stove

Services

Owner Pays Water
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
Building details

Property details

Units2
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About 501 S Ave B

HomeApartments in Portales 501 S Ave B

2 Bedroom, 1 bath (duplex) - Central heating and cooling, utility room with washer & dryer hook-ups. Tenants pay electricity (Xcel). 1 small pet may be considered, pet fee+monthly pet rent apply.


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.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, 501 S Ave B is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 501 S Ave B 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 501 S Ave B
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.
501 S Ave B 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·9A 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.
501 S Ave B goes above and beyond to provide sought-after conveniences and desirable perks, including owner pays water. Renters looking for popular or luxurious features will find them here—and for that reason, 501 S Ave B receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
501 S Ave B 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 501 S Ave B does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.

501 S Ave B is great for:

Social life

  • Areas nearby are accessible by walking
  • The area has transit options
  • Diverse age groups live in this area
  • 43 restaurants within 1 mile of this 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 501 S Ave B compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 mile away
High school nearby
There is a high school 1 mile away
Middle school nearby
There is a middle school 0.3 mile away

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Portales

2-bedroom apartments at 501 S Ave B cost about 3% more than the average rent price for 2-bedroom apartments in Portales.

Median rents as of Jan 17 2026.
Portales
A table of 1-bedroom apartment rental data trends in Portales
MonthMedian Rent
February 2024$595
March 2024$501
April 2024$512
May 2024$553
June 2024$568
July 2024$598
August 2024$595
September 2024$555
October 2024$590
November 2024$559
December 2024$575
January 2025$618
February 2025$561
March 2025$549
April 2025$538
May 2025$549
June 2025$605
July 2025$599
August 2025$600
September 2025$630
October 2025$607
November 2025$599
December 2025$600
January 2026$604

Affordability calculator

Can I afford to live at 501 S Avenue B?

Bedrooms

2 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 2-bedrooms monthly rent price of $850.
For more information on rent affordability, visit our rent calculator.

Schools near 501 S Ave B

Brown Early Childhood Center

520 west 5th st

portales, NM, 88130

PK, KPublic
B+

James Elementary School

701 west 18th st

portales, NM, 88130

1-2Public
B+

Valencia Elementary School

1415 south globe

portales, NM, 88130

3-4Public
B
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Internet available near 501 S Ave B

Getting around Portales near 501 S Avenue B

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Points of interest for 501 S Avenue B, Portales

Groceries

2/10
No grocery stores within walking distance

Shopping

4/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Nightlife

3/10
Few or no bars within walking distance

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