2 Days Ago
Location
701 N Lake St, Carlsbad, NM 88220, USA
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Property Overview
This Newer Construction 1 Bedroom is highly rated with a 7.9 out of 10 from Zumper, indicating it is a great option for renters. It offers an excellent balance of price and value with a competitive price rating of 8 out of 10. The property features notable amenities and heating/cooling systems, along with a prime location, earning 9 out of 10 ratings for both amenities and location. Proximity to top-rated schools further enhances its appeal, placing it in the 75th percentile for value in the area.
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.
Things you’ll love
Less expensive- Middle school nearby
- Elementary school nearby
Floor plans
| 0BR/1.0BA | Studio | 1 bath | $950 /mo | 1 unit available | Newer Construction Apartment! Studio apartments. Owner pays gas, landscaping, water, sewage and garbage and electric . 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
| Gas Range | Range |
| Refrigerator |
Services
| Landscaping |
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
No pets allowed.
Building details
Property details
| Units | 9 |
|---|
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About Newer Construction 1 Bedroom
Newer Construction Apartment! 1 bedroom 1-bathroom apartments. Owner will pay gas, 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 GoodWith 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.
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
- Less expensive
- Studio units are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 0.1 mile away
- Elementary school nearby
- There is an elementary school 0.3 mile away
- High school nearby
- There is a high school 2 miles away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
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Rent trends in Carlsbad
studio apartments at Newer Construction 1 Bedroom cost about 81% less than the average rent price for studio apartments in Carlsbad.
Median rents as of Sep 14 2025.
Carlsbad
| Month | Median Rent |
|---|---|
| December 2023 | $850 |
| January 2024 | $850 |
| February 2024 | $912 |
| March 2024 | $950 |
| July 2024 | $950 |
| August 2024 | $980 |
| September 2024 | $1,025 |
| September 2025 | $5,000 |
Affordability calculator
Can I afford to live at 701 N Lake St?
Bedrooms
StudioRent-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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