Last updated
Average Rent in Alameda & Rent Trends
Rent prices and market trends across 5 apartment communities in Alameda, Albuquerque, NM. Updated daily.
Market Average
$1,880/mo
▼ 1.6% from last month
Lowest Available
$1,061/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
84
available now
Price Cuts This Week in Alameda
32 listed units across 3 buildings in Alameda dropped their asking rent in the past 7 days, an average cut of $44/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Olympus Alameda | Unit 1135, A4 | $1,942 | $1,851 | $91 |
| Olympus Alameda | Unit 2123, A4 | $1,877 | $1,786 | $91 |
| Olympus Alameda | Unit 3112, A3 | $1,797 | $1,706 | $91 |
| Olympus Alameda | Unit 3117, A3 | $1,797 | $1,706 | $91 |
| Olympus Alameda | Unit 3123, A4 | $1,877 | $1,786 | $91 |
| Olympus Alameda | Unit 3129, A3 | $1,797 | $1,706 | $91 |
| Olympus Alameda | Unit 3136, A3 | $1,767 | $1,676 | $91 |
| Olympus Alameda | Unit 4117, A3 | $1,777 | $1,686 | $91 |
Alameda vs Albuquerque, NM Average
Alameda is more expensive the Albuquerque, NM average by $396/mo (27%). The citywide average is $1,484/mo across all neighborhoods.
Is Rent Going Up or Down in Alameda?
As of July 2026, the average rent in Alameda is $1,880 per month across 5 apartment communities and 84 available units. Rents have decreased $28 (1.6%) over the past month.
The most affordable option is Desert Willow Apartments starting at $1,061/mo. By unit type, a studio averages $1,527/mo, a 1-bedroom averages $1,751/mo, a 2-bedroom averages $2,058/mo, a 3-bedroom averages $2,489/mo.
Prices range from $1,061 to $2,489 per month. The most common price point is the $1,600 range, where 32 units are currently listed.
Alameda Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,779 | - | 5 |
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Alameda
Rent Prices by Apartment in Alameda
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Desert Willow Apartments | $1,061/mo | $1,166/mo | 2 | 2.7 |
| Cielo Alameda Apartments | $1,499/mo | $1,900/mo | 7 | 4.3 |
| Olympus Alameda | $1,526/mo | $1,864/mo | 43 | 4.5 |
| Olympus Latitude | $1,529/mo | $1,887/mo | 15 | 4.9 |
| Olympus Northpoint | $1,693/mo | $1,991/mo | 17 | 4.8 |
Frequently Asked Questions About Rent in Alameda
What is the average rent in Alameda?
Is rent going up or down in Alameda?
What is the cheapest apartment in Alameda?
How much is a 1-bedroom apartment in Alameda?
How many apartments are available in Alameda?
What salary do I need to live comfortably in Alameda?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$75,000/year
Based on the 30 percent rule, using our tracked average rent of $1,880/mo.
Comfortable income
$90,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,061/mo), you need to earn at least $42,000/year.
Median household income in Alameda is $65,604 , about 27% below the comfortable-living threshold.
Cost of living in Alameda
Overall prices in Alameda 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 Alameda's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,880 |
| Utilities | $382 |
| Groceries | $526 |
| Transportation | $909 |
| Healthcare | $444 |
| Other goods and services | $710 |
| Estimated total | $4,850/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 Alameda Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Alameda Apartments
Browse all 5 communities with daily-updated pricing and availability.