
We help rental property owners reduce vacancies, place qualified tenants, control maintenance costs, and preserve long-term asset value through disciplined, local property management.

We help rental property owners reduce vacancies, place qualified tenants, control maintenance costs, and preserve long-term asset value through disciplined, local property management.
Owning rental property creates income opportunity, but it also creates risk. Late rent, vacancies, tenant damage, and unmanaged maintenance quietly erode cash flow and asset value. Professional property management exists to reduce those risks while keeping properties occupied, compliant, and profitable.

Reduce vacancy time through consistent marketing and screening
Place tenants who pay on time and stay longer
Handle maintenance efficiently without surprise costs
Stay compliant with local and federal housing regulations
Preserve property condition and long-term value
We manage properties the way long-term investors think — focused on income stability, cost control, and asset preservation.
Applicants are evaluated using consistent, lawful criteria designed to reduce risk, not just fill units quickly.
Properties are priced, marketed, and shown with the goal of minimizing downtime without sacrificing tenant quality.
Maintenance is coordinated with an emphasis on cost control and long-term asset health, not deferred repairs or inflated pricing.
Owners receive clear reporting and timely updates so they can make informed decisions without daily involvement.
505 Housing Property Management provides full-service residential property management, including:
Tenant placement and leasing
Rent collection and enforcement
Maintenance coordination
Property inspections
Financial reporting
Compliance oversight
These services are designed for owners who want income without the daily operations.

Owning rental property creates income opportunity, but it also creates risk. Late rent, vacancies, tenant damage, and unmanaged maintenance quietly erode cash flow and asset value. Professional property management exists to reduce those risks while keeping properties occupied, compliant, and profitable.
Professional property management helps owners:
Reduce vacancy time through consistent marketing and screening
Place tenants who pay on time and stay longer
Handle maintenance efficiently without surprise costs
Stay compliant with local and federal housing regulations
Preserve property condition and long-term value
We manage properties the way long-term investors think — focused on income stability, cost control, and asset preservation.
Tenant Screening
Applicants are evaluated using consistent, lawful criteria designed to reduce risk, not just fill units quickly.
Vacancy Reduction
Properties are priced, marketed, and shown with the goal of minimizing downtime without sacrificing tenant quality.
Maintenance Oversight
Maintenance is coordinated with an emphasis on cost control and long-term asset health, not deferred repairs or inflated pricing.
Owner Communication
Owners receive clear reporting and timely updates so they can make informed decisions without daily involvement.
505 Housing Property Management provides full-service residential property management, including:
Tenant placement and leasing
Rent collection and enforcement
Maintenance coordination
Property inspections
Financial reporting
Compliance oversight
These services are designed for owners who want income without the daily operations.
Browse current rental properties professionally managed by 505 Housing Property Management. Each listing includes photos, rental details, qualification criteria, and online application access.








Browse current rental properties professionally managed by 505 Housing Property Management. Each listing includes photos, rental details, qualification criteria, and online application access.









Individual rental property owners
Small portfolio investors
Owners transitioning out of self-management
Out-of-area owners needing local oversight
If you own rental property in Albuquerque and want professional management focused on long-term performance, this service is built for you.
If you’d like a closer look at how we work and what to expect as an owner or renter, the resources below provide helpful detail and practical guidance.
Short videos and walkthroughs covering common property management topics, maintenance requests, and day-to-day questions for both owners and renters.
An overview of rental requirements, screening standards, and application expectations so renters know exactly what’s required before applying.
Clear answers to common questions about property management, leasing, maintenance, and communication for both owners and tenants.
Property management costs in Albuquerque vary based on property type, number of units, and service scope. Most agreements include a monthly management fee and separate leasing fees when a new tenant is placed.
Professional property management is often worthwhile for single-property owners who want to reduce vacancies, avoid compliance issues, and stabilize cash flow without handling daily operations themselves.
Tenant screening includes income verification, rental history review, credit evaluation, and background checks. Screening criteria are applied consistently and in compliance with fair housing laws.
Rental timelines depend on pricing, property condition, and market demand. Proper pricing, professional marketing, and tenant screening typically reduce vacancy time compared to self-managed listings.
Yes. Owners retain full decision authority over maintenance expenses, with pre-approved spending limits commonly established for routine or emergency repairs.
Rental applications are submitted online through each property’s listing page, which includes qualification requirements and application instructions.
Rental requirements vary by property but generally include income verification, rental history, credit review, and background screening in accordance with fair housing regulations. Rental Standards.
Showing instructions are provided on each individual property listing and outline the steps required to view the home.
Maintenance requests are submitted through the tenant portal or designated maintenance request system to ensure timely tracking and response.
Emergency contact instructions are provided at move-in and are accessible through the tenant portal for urgent issues affecting safety or habitability.

Professional property management requires adherence to housing laws, ethical standards, and operational discipline that protects both owners and tenants.
Licensed Real Estate Professionals
Local New Mexico Laws
New Mexico UORRA
Equal Housing Opportunity
Fair Housing Compliance
SCR Act Compliance
As leaders in Property Management, we're here to help you professionally manage your Real Estate portfolio. If you’re evaluating professional property management for a rental property in Albuquerque, start by reviewing how the process works and whether it aligns with your goals.
Property Management
505Housing provides full-service property management for investors across Albuquerque, New Mexico.
Maintenance
All our properties utilize our 24-hour online request system. 505 Housing hires licensed contractors to ensure issues are resolved quickly and accurately.
Compliance
We adhere to housing laws, ethical standards, and operational discipline that protects both owners and tenants.
Brokerage
Full range of real estate and brokerage services through Christensen Properties when you need to buy, sell, or finance your properties.

Individual rental property owners
Small portfolio investors
Owners transitioning out of self-management
Out-of-area owners needing local oversight
If you own rental property in Albuquerque and want professional management focused on long-term performance, this service is built for you.
If you’d like a closer look at how we work and what to expect as an owner or renter, the resources below provide helpful detail and practical guidance.
Property Management How-To Resources
Short videos and walkthroughs covering common property management topics, maintenance requests, and day-to-day questions for both owners and renters.
Renter Standards and Qualification Criteria
An overview of rental requirements, screening standards, and application expectations so renters know exactly what’s required before applying.
Frequently Asked Questions
Clear answers to common questions about property management, leasing, maintenance, and communication for both owners and tenants.
Owner Questions
Property management costs in Albuquerque vary based on property type, number of units, and service scope. Most agreements include a monthly management fee and separate leasing fees when a new tenant is placed.
Professional property management is often worthwhile for single-property owners who want to reduce vacancies, avoid compliance issues, and stabilize cash flow without handling daily operations themselves.
Tenant screening includes income verification, rental history review, credit evaluation, and background checks. Screening criteria are applied consistently and in compliance with fair housing laws.
Rental timelines depend on pricing, property condition, and market demand. Proper pricing, professional marketing, and tenant screening typically reduce vacancy time compared to self-managed listings.
Yes. Owners retain full decision authority over maintenance expenses, with pre-approved spending limits commonly established for routine or emergency repairs.
Renter Questions
Rental applications are submitted online through each property’s listing page, which includes qualification requirements and application instructions.
Rental requirements vary by property but generally include income verification, rental history, credit review, and background screening in accordance with fair housing regulations. Rental Standards
Showing instructions are provided on each individual property listing and outline the steps required to view the home.
Maintenance requests are submitted through the tenant portal or designated maintenance request system to ensure timely tracking and response.
Emergency contact instructions are provided at move-in and are accessible through the tenant portal for urgent issues affecting safety or habitability.

Professional property management requires adherence to housing laws, ethical standards, and operational discipline that protects both owners and tenants.
Equal Housing Opportunity
Fair Housing Compliance
SCR Act Compliance
Licensed Real Estate Professionals
Local New Mexico Laws
New Mexico UORRA
As leaders in Property Management, we're here to help you professionally manage your Real Estate portfolio. If you’re evaluating professional property management for a rental property in Albuquerque, start by reviewing how the process works and whether it aligns with your goals.
Property Management
505Housing provides full-service property management for investors across Albuquerque, New Mexico.
Maintenance
All our properties utilize our 24-hour online request system. 505 Housing hires licensed contractors to ensure issues are resolved quickly and accurately.
Compliance
We adhere to housing laws, ethical standards, and operational discipline that protects both owners and tenants.
Brokerage
Full range of real estate and brokerage services through Christensen Properties when you need to buy, sell, or finance your properties.
505 Housing Property Management is committed to Equal Housing Opportunity and fully complies with the Federal Fair Housing Act and all state and local fair housing laws. We adhere to the New Mexico Uniform Owner-Resident Relations Act (UORRA), which governs rental agreements and outlines the rights and responsibilities of both landlords and residents. In accordance with the federal Service members Civil Relief Act (SCRA), we honor all legal protections and lease termination rights afforded to active-duty military personnel. All rental information is deemed reliable but is subject to change without notice. 505 Housing LLC | 505-250-1944. Albuquerque Top Property Management Companies. Joshua Christensen | Qualifying Broker | REC-2024-0235
505 Housing Property Management is committed to Equal Housing Opportunity and fully complies with the Federal Fair Housing Act and all state and local fair housing laws. We adhere to the New Mexico Uniform Owner-Resident Relations Act (UORRA), which governs rental agreements and outlines the rights and responsibilities of both landlords and residents. In accordance with the federal Servicemembers Civil Relief Act (SCRA), we honor all legal protections and lease termination rights afforded to active-duty military personnel. All rental information is deemed reliable but is subject to change without notice. 505 Housing LLC | 505-250-1944. Albuquerque Top Property Management Companies. Joshua Christensen | Qualifying Broker | REC-2024-0235
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