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modified
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Highlights

  • Pet Friendly
  • Elevator
  • On-site laundry facilities
  • Large windows
  • Workout room
  • Activity room
  • Heating and cooling

Location

517 Gold Ave Sw, Albuquerque, NM 87102, USA
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Contact

Management

Gold Avenue Realty, LLC

Leasing office

(201) 993-2891

Property Overview

Mehran Lofts offers strong overall value with an expert rating of 8.4/10, highlighted by excellent pricing, a premier amenities package, and a highly convenient location near a top-rated high school. Residents benefit from features like an elevator, on-site laundry, large windows, heating and cooling, and shared spaces including a workout and activity room, plus easy access to numerous restaurants, parks, pet services, and social venues. Its detailed, transparent property information further supports renter confidence.

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

8.4
Very Good
With a solid 8.4 out of 10 overall, Mehran Lofts is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Mehran Lofts has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Less expensive
  • More space

Great for

  • Social life
  • Pet owners
  • Wellness

Floor plans

0BR/1.0BAStudio1 bath581+ sqft$1,250–$1,275 /mo3 units availableJoin our community! Mehran Lofts offers remodeled studios first and second floor ranging from 405 sq. ft. to 750 sq. ft. We are located downtown and within walking distance to many local restaurants, breweries, shops, the train station, Albuquerque Convention Center, Kiva Auditorium, and music venues. A short drive to Old Town, Nob Hill, downtown hospitals, and universities. The studio has a full kitchen, full bathroom, heating and cooling, and large windows! Mehran Lofts offers a secure building, elevator, workout room, and activity room. Laundry facilities are on-site and located on both floors. We are a pet-friendly building! Flat Rate Monthly Utilities Pet Deposit NR $300

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Amenities for Mehran Lofts

Apartment Amenities

Air Conditioning

Appliances

Stove

Building

Cats OKDogs OK
ElevatorFitness Center
Gym
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
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units57
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About Mehran Lofts

HomeApartments in Albuquerque Mehran Lofts

Join our community! Mehran Lofts offers remodeled studios first and second floor ranging from 405 sq. ft. to 750 sq. ft. We are located downtown and within walking distance to many local restaurants, breweries, shops, the train station, Albuquerque Convention Center, Kiva Auditorium, and music venues. A short drive to Old Town, Nob Hill, downtown hospitals, and universities. The studio has a full kitchen, full bathroom, heating and cooling, large windows! Mehran Lofts offers a secure building, elevator, workout room, and activity room. Laundry facilities are on-site and located on both floors. We are a pet-friendly building! Flat Rate Monthly Utilities Pet Deposit NR $300


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 Good
With a solid 8.4 out of 10 overall, Mehran Lofts is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Mehran Lofts has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Mehran Lofts
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.
Mehran Lofts 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.
Mehran Lofts 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—pets allowed—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.
Mehran Lofts 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 Mehran Lofts 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.
Mehran Lofts 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.

Mehran Lofts is great for:

Social life

  • 165 restaurants within 1 mile of this property
  • This community has public spaces on site, like fitness centers or pools
  • 39 local event hubs within 1 mile
  • Area has 33 parks and recreation options

Pet owners

  • 1 dog park within 1 mile
  • 1 pet hospital in the area
  • 2 pet supply stores near the property

Wellness

  • On-site fitness center or gym
  • Ample windows and natural lighting
  • 33 parks nearby
  • HVAC systems available onsite

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 Mehran Lofts compares to other nearby properties.

Positives

High school nearby
There is a high school 0.1 mile away
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
More space
Studio is 216 sqft larger than other listings nearby
Elevator
Improved accessibility features

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Albuquerque

studio apartments at Mehran Lofts cost about 56% more than the average rent price for studio apartments in Albuquerque.

Median rents as of May 16 2026.
Albuquerque
A table of studio rental data trends in Albuquerque
MonthMedian Rent
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$800
December 2025$796
January 2026$801
February 2026$800
March 2026$802
April 2026$813
May 2026$801

Affordability calculator

Can I afford to live at 517 Gold Ave Sw?

Bedrooms

Studio

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

$50,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this studio monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.

Schools near Mehran Lofts

CLNKids (Cuidando Los Ninos)

1500 walter st se

albuquerque, NM, 87102

PKPublic

CABQ Tres Manos Child Development Center

823 buena vista dr se

albuquerque, NM, 87106

PKPublic

UNM Children's Psychiatric

1001 yale blvd ne

albuquerque, NM, 87106

PK, K-12Public

CABQ Lowell Child Development Center

1700 sunshine terrace se

albuquerque, NM, 87106

PKPublic

CABQ Duranes Pre - Kindergarten Center

2436 zickert rd nw

albuquerque, NM, 87104

PKPublic
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Internet available near Mehran Lofts

Getting around Albuquerque near 517 Gold Ave Sw

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

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

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

6/10
Frequent public transit options are within walking distance.

Points of interest for 517 Gold Ave Sw, Albuquerque

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

6/10
Several shops within walking distance

Cafes

7/10
Several cafés within a few minutes’ walk

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

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

High schools

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

Parks

7/10
Large amount of park space nearby

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

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