Vent: Overheard a group at the Frontier talking about the new apartment prices on Central

I was grabbing a breakfast burrito yesterday and the table next to me was full of people who just moved here. One guy said his one-bedroom in that new building near UNM is $1,800 a month. That's almost double what my friend pays for a similar spot a few blocks over in a slightly older building. It got me thinking about how fast some rents are climbing in specific areas, while other neighborhoods seem to hold steady. I'm not sure if this is just the new construction premium or a sign of things to come. Has anyone else seen a big price jump in their part of town recently?

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emma_clark4h ago

Wait, that new building is actually near CNM, not UNM. The price is still crazy though, it's definitely the new construction premium. Older spots nearby are way more reasonable for now.