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modified
11 Hours Ago

Location

503 N Wall Ave, Farmington, NM 87401, USA
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Contact

Management

SoWesCo Property Management

Leasing office

(505) 278-6717 ext. 2

Floor plans

1BR/1.0BA1 bed1 bath800 sqft$795 /mo1 unit available((TENANT OCCUPIED, CALL OFFICE FOR SHOWING APPOINTMENT)) Looking for a 1 Bed home? This is it! This property includes kitchen appliances, a stackable washer and dryer and many other nice updates. See pictures! Utilities: Gas and electric put into tenants name. Water, Sewer and Trash will be $85 a month flat rate. *** No Smoking Policy*** *** No Pets *** Additional Costs: $15 a month for Renters Legal Liability One Time Admin Fee at lease signing of $100 For more information, or to apply please visit our website: www sowescopropertymanagement com $55 application fee (per person 18 years of age and older). For showings, please call the office at (505) 325-2100. Office located at 2222 E 20th Street, Suite A Farmington, NM 87401

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Policies and fees

No pets allowed.

Building details

Property details

Units3
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About 503 N Wall Ave

HomeApartments in Farmington 503 N Wall Ave

((TENANT OCCUPIED, CALL OFFICE FOR SHOWING APPOINTMENT)) Looking for a 1 Bed home? This is it! This property includes kitchen appliances, a stackable washer and dryer and many other nice updates. See pictures! Utilities: Gas and electric put into tenants name. Water, Sewer and Trash will be $85 a month flat rate. *** No Smoking Policy*** *** No Pets *** Additional Costs: $15 a month for Renters Legal Liability One Time Admin Fee at lease signing of $100 For more information, or to apply please visit our website: www sowescopropertymanagement com $55 application fee (per person 18 years of age and older). For showings, please call the office at (505) 325-2100. Office located at 2222 E 20th Street, Suite A Farmington, NM 87401


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 503 N Wall Ave compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
More space
The 1-bedroom is 75 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 0.4 mile away

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Rent trends in Farmington

1-bedroom apartments at 503 N Wall Ave cost about 15% less than the average rent price for 1-bedroom apartments in Farmington.

Median rents as of May 3 2025.
Farmington
A table of studio rental data trends in Farmington
MonthMedian Rent
October 2023$881
November 2023$1,395
December 2023$1,017
January 2024$971
February 2024$1,099
March 2024$1,348
April 2024$942
May 2024$666
June 2024$1,200
July 2024$825
August 2024$725
September 2024$700
November 2024$660
December 2024$746
April 2025$690
May 2025$690

Affordability calculator

Can I afford to live at 503 N Wall Ave?

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

$31,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $31,800 annually to afford this 1-bedroom monthly rent price of $795.
For more information on rent affordability, visit our rent calculator.

Schools near 503 N Wall Ave

McKinley Elementary School

1201 north butler ave

farmington, NM, 87401

K-5Public
B+

Farmington Preschool Academy West

301 n court ave

farmington, NM, 87401

PKPublic

Farmington Preschool

5840 fortuna dr

farmington, NM, 87402

PKPublic
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Internet available near 503 N Wall Ave

Getting around Farmington near 503 N Wall Ave

Walking

6/10
Some shops and stores are within a few minutes.

Driving

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

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

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

Points of interest for 503 N Wall Ave, Farmington

Groceries

5/10
At least one grocery store within a 30-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

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

High schools

2/10
No high schools within a 30-minute walk

Nightlife

3/10
Few or no bars within walking distance

Explore the area around 503 N Wall Ave

Safeway
730 W Main St
Natural Grocers
700 E 20th St
Smith's
600 E 20th St
Thriftway Co
710 E 20th St
Golden Markets LLC
700 Rosa St

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