Updated 5+ Days Ago
Location
701 N Lake St, Carlsbad, NM 88220, USA
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Property Overview
Newer Construction 1 Bedroom is rated highly overall, with especially strong scores for amenities and location, plus solid value and trustworthiness. It also offers heating and cooling, and nearby conveniences include a grocery store and a top-rated middle school within short distance.
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
Middle school nearby
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $950 /mo | 1 unit available | 1 bedroom 1-bathroom apartments that are all electric. Owner will pay landscaping, 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* |
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Amenities for Newer Construction 1 Bedroom
Appliances
| Electric Stove | Range |
| Refrigerator |
Services
| Landscaping |
Other
| Water Sewage and Garbage |
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.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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 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 landscaping. 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
1-bedroom apartments at Newer Construction 1 Bedroom cost about 19% less than the average rent price for 1-bedroom apartments in Carlsbad.
Median rents as of Oct 25 2025.
Carlsbad
| Month | Median Rent |
|---|---|
| August 2024 | $950 |
| September 2024 | $1,025 |
| September 2025 | $5,000 |
| October 2025 | $992 |
Affordability calculator
Can I afford to live at 701 N Lake St?
Bedrooms
1 bedroomRent-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 1-bedroom monthly rent price of $950.
For more information on rent affordability, visit our rent calculator.
Schools near Newer Construction 1 Bedroom
Carlsbad Enrichment Center
406 n. alameda street
carlsbad, NM, 88220
1-12Public
Hillcrest Preschool
215 north sixth st
carlsbad, NM, 88220
PKPublic
Early Childhood Education Center
1801 west lea st.
carlsbad, NM, 88220
PK, KPublic
B
Cottonwood Elementary School
1609 w lea st
carlsbad, NM, 88220
1-5Public
C+
Ocotillo Elementary School
2106 captain williams ln
carlsbad, NM, 88220
K-5Public
A-
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Internet available near Newer Construction 1 Bedroom
Neighborhood
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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