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Average Rent in Elena Gallegos Grant & Rent Trends

Rent prices and market trends across 28 apartment communities in Elena Gallegos Grant, Albuquerque, NM. Updated daily.

Market Average

$1,523/mo

Lowest Available

$969/mo

cheapest unit on market

Communities

28

tracked daily

Units Listed

251

available now

Price Cuts This Week in Elena Gallegos Grant

81 listed units across 13 buildings in Elena Gallegos Grant dropped their asking rent in the past 7 days, an average cut of $200/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Pavilions Apartments Unit 37 $3,056 $1,962 $1,094
Pavilions Apartments Unit 73 $3,739 $2,657 $1,082
Pavilions Apartments Unit 58 $3,634 $2,582 $1,052
Pavilions Apartments Unit 68 $3,613 $2,567 $1,046
Pavilions Apartments Unit 63 $3,459 $2,457 $1,002
Pavilions Apartments Unit 23 $2,990 $1,996 $994
Pavilions Apartments Unit 34 $2,736 $1,834 $902
Pavilions Apartments Unit 53 $2,757 $2,031 $726
See today's prices on all 251 listed units

Elena Gallegos Grant vs Albuquerque, NM Average

Elena Gallegos Grant is cheaper than the Albuquerque, NM average by $53/mo (3%). The citywide average is $1,576/mo across all neighborhoods.

Is Rent Going Up or Down in Elena Gallegos Grant?

As of September 2026, the average rent in Elena Gallegos Grant is $1,523 per month across 28 apartment communities and 251 available units.

The most affordable option is The Retreat At Candelaria starting at $969/mo. By unit type, a studio averages $1,143/mo, a 1-bedroom averages $1,332/mo, a 2-bedroom averages $1,551/mo, a 3-bedroom averages $2,089/mo.

Prices range from $969 to $2,537 per month. The most common price point is the $1,200 range, where 65 units are currently listed.

Elena Gallegos Grant Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
May 2026 $1,606 - 7
June 2026 $1,522 -$84 16
July 2026 $1,460 -$62 24
August 2026 $1,462 +$2 22
September 2026 $1,497 +$35 25

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Elena Gallegos Grant

Studio
$1,143
from $1,004 · 4 units
1 Bed
$1,332
from $969 · 93 units
2 Bed
$1,551
from $1,103 · 126 units
3 Bed
$2,089
from $1,775 · 28 units

Rent Prices by Apartment in Elena Gallegos Grant

Property Starting at Average Units Rating
The Retreat At Candelaria $969/mo $1,102/mo 5 2
Sedona Ridge $1,000/mo $1,127/mo 6 3.8
Treehouse Apartments $1,004/mo $1,237/mo 5 2.6
Eagle Point Apartments $1,035/mo $1,224/mo 24 2.6
Copper Hills $1,049/mo $1,178/mo 17 2.7
Wyoming Place Apartments $1,070/mo $1,191/mo 6 4.2
Tesoro on Spain $1,124/mo $1,415/mo 16 3.4

Frequently Asked Questions About Rent in Elena Gallegos Grant

What is the average rent in Elena Gallegos Grant?

The average rent in Elena Gallegos Grant is $1,523 per month as of September 2026, based on 251 units across 28 apartment communities.

Is rent going up or down in Elena Gallegos Grant?

The current average rent in Elena Gallegos Grant is $1,523/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Elena Gallegos Grant?

The most affordable apartment in Elena Gallegos Grant is The Retreat At Candelaria with units starting at $969/mo.

How much is a 1-bedroom apartment in Elena Gallegos Grant?

A 1-bedroom apartment in Elena Gallegos Grant averages $1,332/mo, with prices starting at $969/mo across 93 available units.

How many apartments are available in Elena Gallegos Grant?

There are 251 units available across 28 apartment communities 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

$61,000/year

Based on the 30 percent rule, using our tracked average rent of $1,523/mo.

Comfortable income

$73,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($969/mo), you need to earn at least $39,000/year.

Median household income in Elena Gallegos Grant is $65,604 , about 10% 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) $1,523
Utilities $382
Groceries $526
Transportation $909
Healthcare $444
Other goods and services $710
Estimated total $4,493/mo

Population

562,488

Median household income

$65,604

Census median rent

$1,085/mo

Census rent burden

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.

Explore Elena Gallegos Grant Apartments

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