Zumper
modified
Updated 10 Hours Ago

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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Management

Gold Avenue Realty, LLC

Leasing office

(201) 993-2891

Property Overview

Mehran Lofts offers strong overall value with a 7.6 Zumper expert rating, standout amenities, and a highly convenient location. It also features an elevator, on-site laundry, large windows, a workout room, an activity room, and heating and cooling, while nearby parks, grocery stores, restaurants, and cultural spots support active living, socializing, pet needs, and work-from-home flexibility.

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

7.6
Very Good
Mehran Lofts is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • High school nearby
  • More space

Great for

  • Work-from-home
  • Wellness
  • Pet owners

Floor plans

0BR/1.0BAStudio1 bath716 sqft$1,275 /mo1 unit availableJoin our community! Mehran Lofts offers remodeled studios first and second floor ranging from 405 sqft to 750 sqft. 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

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Amenities for Mehran Lofts

Building

Cats OKDogs OK
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

Units54
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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.
7.6
/10
Very Good
Mehran Lofts is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated Mehran Lofts
Price·7A 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.
While the monthly rent is more than the median price per bedroom of nearby properties, Mehran Lofts has other amenities and features that might compensate for the increased price. The higher monthly rent potentially reflects a higher quality of living that renters might find here, compared to other properties in the area.
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.
Mehran Lofts goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Mehran Lofts 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.
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:

Work-from-home

  • Utilities included in the rent
  • Large windows for natural lighting
  • 5 internet service provider options nearby
  • 2 coworking spaces or cafes within 1 mile

Wellness

  • Ample windows and natural lighting
  • HVAC systems available onsite
  • 31 parks nearby
  • There are 16 grocery stores within 1 mile

Pet owners

  • 1 dog park within 1 mile
  • 1 pet hospital in the area
  • 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 Mehran Lofts compares to other nearby properties.

Positives

High school nearby
There is a high school 0.1 mile away
More space
Studio is 316 sqft larger than other listings nearby

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 58% more than the average rent price for studio apartments in Albuquerque.

Median rents as of Jul 11 2026.
Albuquerque
A table of studio rental data trends in Albuquerque
MonthMedian Rent
July 2024$775
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
June 2026$804
July 2026$803

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

$51,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $51,000 annually to afford this studio monthly rent price of $1,275.
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

6/10
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

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 517 Gold Ave Sw, Albuquerque

Groceries

8/10
Wide variety of groceries within a few minutes' walk

Shopping

7/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

10/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

9/10
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

9/10
Exceptional variety of bars right within a few minutes’ walk

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