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The Ridge apartments in Albuquerque, NM

Updated

The Ridge

557 Tramway Blvd NE, Albuquerque, NM 87123

Live pricing, refreshed

11
Units Listed
$900
Starting at
$1,145
Average
$1,430
Highest
$1.26
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Echo Canyon Estates rent trends

Beds

Pricing by Bedroom

1 Bed
$919
from $900 · 4 units
~656 sqft avg
2 Bed
$948
from $900 · 2 units
~891 sqft avg
3 Bed
$1,405
from $1,390 · 5 units
~1,126 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (13)

Largest 8 movers of 13

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$179K

$2.1M annual run rate

Est. Occupancy

94%

of about 180 units (reported building size)

Effective Rent on New Leases

$1,059

vs $1,145 current asking ($86 negotiation gap)

Recent Lease Activity

20 units tracked; 9 assumed leased, 11 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

11

Moderate availability

3 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

11 units
2 Bed / 1 Bath 2 Bedroom 1 Bathroom
$900/mo
891 ft² · $1.01/ft\u00B2 · #48
Up $10 since Jul 17 (was $890)
1 Bed / 1 Bath 1 Bedroom 1 Bathroom
$900/mo
656 ft² · $1.37/ft\u00B2 · #78
1 Bed / 1 Bath 1 Bedroom 1 Bathroom
$920/mo
656 ft² · $1.40/ft\u00B2 · #94
Down $10 since Jul 17 (was $930)
1 Bed / 1 Bath 1 Bedroom 1 Bathroom
$920/mo
656 ft² · $1.40/ft\u00B2 · #98
Down $10 since Jul 17 (was $930)
1 Bed / 1 Bath 1 Bedroom 1 Bathroom
$935/mo
656 ft² · $1.43/ft\u00B2 · #112
2 Bed / 1 Bath 2 Bedroom 1 Bathroom
$995/mo
891 ft² · $1.12/ft\u00B2 · #177
Up $20 since Jul 14 (was $975)
3 Bed / 2 Bath 3 Bedroom 2 Bathroom
$1,390/mo
1,126 ft² · $1.23/ft\u00B2 · #150
Down $20 since Jul 17 (was $1,410)
3 Bed / 2 Bath 3 Bedroom 2 Bathroom
$1,390/mo
1,126 ft² · $1.23/ft\u00B2 · #154
Down $20 since Jul 17 (was $1,410)
3 Bed / 2 Bath 3 Bedroom 2 Bathroom
$1,390/mo
1,126 ft² · $1.23/ft\u00B2 · #65
Down $20 since Jul 17 (was $1,410)
3 Bed / 2 Bath 3 Bedroom 2 Bathroom
$1,425/mo
1,126 ft² · $1.27/ft\u00B2 · #135
Down $20 since Jul 17 (was $1,445)

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Albuquerque, NM notes

No resident notes for this property yet.

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