Last updated
Average Rent in Sawmill Area & Rent Trends
Rent prices and market trends across 4 apartment communities in Sawmill Area, Albuquerque, NM. Updated daily.
Market Average
$995/mo
Lowest Available
$750/mo
cheapest unit on market
Communities
4
tracked daily
Units Listed
17
available now
Price Cuts This Week in Sawmill Area
14 listed units across 2 buildings offering 1 bed units in Sawmill Area dropped their asking rent in the past 7 days, an average cut of $41/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Valley Apartments | Unit 53 | $1,212 | $1,133 | $79 |
| Valley Apartments | Unit 17 | $1,195 | $1,133 | $62 |
| Valley Apartments | Unit 135 | $1,188 | $1,133 | $55 |
| Valley Apartments | Unit 100 | $1,163 | $1,127 | $36 |
| Valley Apartments | Unit 10 | $1,168 | $1,133 | $35 |
| Valley Apartments | Unit 12 | $1,168 | $1,133 | $35 |
| Valley Apartments | Unit 130 | $1,168 | $1,133 | $35 |
| Valley Apartments | Unit 30 | $1,168 | $1,133 | $35 |
Sawmill Area vs Albuquerque, NM Average
Sawmill Area is cheaper the Albuquerque, NM average by $489/mo (33%). The citywide average is $1,484/mo across all neighborhoods.
Is Rent Going Up or Down in Sawmill Area?
As of July 2026, the average rent in Sawmill Area is $995 per month across 4 apartment communities and 17 available units.
The most affordable option is Elevated Management Group starting at $750/mo. By unit type, a 1-bedroom averages $995/mo.
Prices range from $750 to $1,450 per month. The most common price point is the $800 range, where 8 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Sawmill Area
Rent Prices by Apartment in Sawmill Area
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Elevated Management Group | $750/mo | $893/mo | 8 | 3.4 |
| The Beach | $950/mo | $950/mo | 3 | 3.5 |
| Valley Apartments | $981/mo | $1,113/mo | 5 | 3.3 |
| The Artisan at Sawmill Village Apartment | $1,350/mo | $1,350/mo | 1 | 3.2 |
Frequently Asked Questions About Rent in Sawmill Area
What is the average rent in Sawmill Area?
Is rent going up or down in Sawmill Area?
What is the cheapest apartment in Sawmill Area?
How much is a 1-bedroom apartment in Sawmill Area?
How many apartments are available in Sawmill Area?
What salary do I need to live comfortably in Sawmill Area?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$40,000/year
Based on the 30 percent rule, using our tracked average rent of $995/mo.
Comfortable income
$48,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($750/mo), you need to earn at least $30,000/year.
Median household income in Sawmill Area is $65,604 , about 37% above the comfortable-living threshold.
Cost of living in Sawmill Area
Overall prices in Sawmill Area runs below the national average by about 6% (BEA Regional Price Parity index 93.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Sawmill Area's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $995 |
| Utilities | $382 |
| Groceries | $526 |
| Transportation | $909 |
| Healthcare | $444 |
| Other goods and services | $710 |
| Estimated total | $3,965/mo |
Population
562,488
Median household income
$65,604
Census median rent
$1,085/mo
Rent as % of income
31.1%
Median age
38.7
Mean commute
22 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Sawmill Area Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Sawmill Area Apartments
Browse all 4 communities with daily-updated pricing and availability.