Last updated
Average Rent in Elena Gallegos Grant & Rent Trends
Rent prices and market trends across 19 apartment communities in Elena Gallegos Grant, Albuquerque, NM. Updated daily.
Market Average
$1,590/mo
▼ 4.7% from last month
Lowest Available
$1,109/mo
cheapest unit on market
Communities
19
tracked daily
Units Listed
94
available now
Price Cuts This Week in Elena Gallegos Grant
43 listed units across 8 buildings offering 2 bed units in Elena Gallegos Grant dropped their asking rent in the past 7 days, an average cut of $62/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Allegro at Tanoan Apartments | Unit 1, Floor Plans | $1,413 | $1,220 | $193 |
| Altezza High Desert Apartments | Unit 16, Montalto | $1,630 | $1,450 | $180 |
| Altezza High Desert Apartments | Unit 43, Vesuvio | $1,690 | $1,550 | $140 |
| Eagle Point Apartments | Unit 8 | $1,512 | $1,377 | $135 |
| Allegro at Tanoan Apartments | Unit 7 | $1,699 | $1,569 | $130 |
| Altezza High Desert Apartments | Unit 10, Collalto | $1,800 | $1,675 | $125 |
| Altezza High Desert Apartments | Unit 27, Sirino | $2,490 | $2,370 | $120 |
| Altezza High Desert Apartments | Unit 24, Sirino | $2,525 | $2,410 | $115 |
Elena Gallegos Grant vs Albuquerque, NM Average
Elena Gallegos Grant is more expensive the Albuquerque, NM average by $106/mo (7%). The citywide average is $1,484/mo across all neighborhoods.
Is Rent Going Up or Down in Elena Gallegos Grant?
As of July 2026, the average rent in Elena Gallegos Grant is $1,590 per month across 19 apartment communities and 94 available units. Rents have decreased $76 (4.7%) over the past month.
The most affordable option is Copper Hills starting at $1,109/mo. By unit type, a 2-bedroom averages $1,590/mo.
Prices range from $1,109 to $2,392 per month. The most common price point is the $1,400 range, where 25 units are currently listed.
Elena Gallegos Grant Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $1,636 | - | 5 |
| June 2026 | $1,586 | -$50 | 12 |
| July 2026 | $1,561 | -$25 | 18 |
Rent Price Distribution
Rent by Bedroom Type in Elena Gallegos Grant
Rent Prices by Apartment in Elena Gallegos Grant
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Copper Hills | $1,109/mo | $1,194/mo | 12 | 2.7 |
| The Heights at Tramway | $1,150/mo | $1,150/mo | 1 | 5 |
| Eagle Point Apartments | $1,170/mo | $1,359/mo | 9 | 2.6 |
| Quincy | $1,208/mo | $1,578/mo | 16 | 3.5 |
| Dorado Heights | $1,225/mo | $1,347/mo | 2 | 3.6 |
| Sierra Meadows | $1,257/mo | $1,325/mo | 4 | 4.2 |
| Tesoro on Spain | $1,392/mo | $1,512/mo | 5 | 3.4 |
Frequently Asked Questions About Rent in Elena Gallegos Grant
What is the average rent in Elena Gallegos Grant?
Is rent going up or down in Elena Gallegos Grant?
What is the cheapest apartment in Elena Gallegos Grant?
How many apartments are available in Elena Gallegos Grant?
What salary do I need to live comfortably in Elena Gallegos Grant?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$64,000/year
Based on the 30 percent rule, using our tracked average rent of $1,590/mo.
Comfortable income
$76,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,109/mo), you need to earn at least $44,000/year.
Median household income in Elena Gallegos Grant is $65,604 , about 14% below the comfortable-living threshold.
Cost of living in Elena Gallegos Grant
Overall prices in Elena Gallegos Grant 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 Elena Gallegos Grant's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,590 |
| Utilities | $382 |
| Groceries | $526 |
| Transportation | $909 |
| Healthcare | $444 |
| Other goods and services | $710 |
| Estimated total | $4,560/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 Elena Gallegos Grant Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Elena Gallegos Grant Apartments
Browse all 19 communities with daily-updated pricing and availability.