Zumper
modified
3 Days Ago

Location

701 N Lake St, Carlsbad, NM 88220, USA
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Contact

Management

Dunagan Associates, INC

Leasing office

(575) 885-2138

Property Overview

The Newer Construction 1 Bedroom offers excellent value, ranking in the 87.5 percentile for cost-effectiveness in the area. It features efficient heating and cooling systems for optimal comfort. Conveniently located, it is just 0.07 miles from a top-rated middle school, making it an appealing option for those prioritizing accessibility to quality education.

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.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, Newer Construction 1 Bedroom is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Newer Construction 1 Bedroom 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

  • Middle school nearby

Floor plans

0BR/1.0BAStudio1 bath$950 /mo1 unit availableNewer Construction Apartment! Studio apartments. Owner will pay gas, landscaping, water, sewage and garbage. NO PETS!! *Owner will consider a month to month lease with an increase in monthly rent. *For more information, rental applications or to view additional available rental properties, please visit our website at dunaganassociates.com*

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Amenities for Newer Construction 1 Bedroom

Apartment Amenities

Gas

Appliances

ElectricGas Range
RangeRefrigerator
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

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units9
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About Newer Construction 1 Bedroom

HomeApartments in Carlsbad Newer Construction 1 Bedroom

Newer Construction Apartment! 1 bedroom 1-bathroom apartments. Owner will pay water, sewage and garbage. NO PETS!! Has a spilt unit that provides heating and cooling. *Owner will consider a month to month lease with an increase in monthly rent. *For more information, rental applications or to view additional available rental properties, please visit our website at dunaganassociates.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.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, Newer Construction 1 Bedroom is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Newer Construction 1 Bedroom 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 Newer Construction 1 Bedroom
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.
Newer Construction 1 Bedroom 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.
Newer Construction 1 Bedroom goes above and beyond to provide sought-after conveniences and desirable perks, including gas. Renters looking for popular or luxurious features will find them here—and for that reason, Newer Construction 1 Bedroom 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.
Newer Construction 1 Bedroom 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 Newer Construction 1 Bedroom 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.
Newer Construction 1 Bedroom 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.

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 Newer Construction 1 Bedroom compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.1 mile away

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Rent trends in Carlsbad

studio apartments at Newer Construction 1 Bedroom cost about the same as the average rent price for studio apartments in Carlsbad.

Median rents as of Oct 25 2025.
Carlsbad
A table of studio rental data trends in Carlsbad
MonthMedian Rent
February 2024$912
March 2024$950
July 2024$950
August 2024$980
September 2024$1,025
September 2025$5,000
October 2025$992

Affordability calculator

Can I afford to live at 701 N Lake St?

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

$38,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $38,000 annually to afford this studio monthly rent price of $950.
For more information on rent affordability, visit our rent calculator.

Schools near Newer Construction 1 Bedroom

Early Childhood Education Center

1801 west lea st.

carlsbad, NM, 88220

PK, KPublic
B
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Internet available near Newer Construction 1 Bedroom

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Carlsbad near 701 N Lake St

Walking

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

Driving

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

Points of interest for 701 N Lake St, Carlsbad

Groceries

1/10
No grocery stores within walking distance

Shopping

5/10
Some shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Nightlife

1/10
Few or no bars within walking distance

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