Last updated July 6, 2026

Average Rent in Elena Gallegos Grant & Rent Trends

Rent prices and market trends across 20 apartment communities in Elena Gallegos Grant, Albuquerque, NM. Updated daily.

Area All Neighborhoods Alameda Albuquerque 87122 Broadway Central Corridor Partnership Eastridge Echo Canyon Estates Elena Gallegos Grant Linda Vista Paradise Hills Civic Rhodes Acres Sawmill Area South San Pedro Sunset Ranch Taylor Ranch Vista Encantada Yale Village

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Market Average

$1,511/mo

▼ 18.6% from last month

Lowest Available

$999/mo

cheapest unit on market

Communities

tracked daily

Units Listed

available now

Elena Gallegos Grant vs Albuquerque, NM Average

Elena Gallegos Grant is cheaper the Albuquerque, NM average by $11/mo (1%). The citywide average is $1,522/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 $1,511 per month across 20 apartment communities and 97 available units. Rents have decreased $332 (18.6%) over the past month.

The most affordable option is Copper Hills starting at $999/mo. By unit type, a 2-bedroom averages $1,511/mo.

Prices range from $999 to $2,085 per month. The most common price point is the $1,400 range, where 29 units are currently listed.

Elena Gallegos Grant Rent Price History

Window

Rent Price Distribution

Rent by Bedroom Type in Elena Gallegos Grant

2 Bed

$1,511

from $999 · 97 units

Rent Prices by Apartment in Elena Gallegos Grant

Property	Starting at	Average	Units	Rating
Copper Hills	$999/mo	$1,179/mo	13	2.7
The Heights at Tramway	$1,150/mo	$1,150/mo	1	5
Eagle Point Apartments	$1,170/mo	$1,329/mo	9	2.6
Quincy	$1,208/mo	$1,578/mo	16	3.5
Sedona Ridge	$1,215/mo	$1,215/mo	1	3.8
Dorado Heights	$1,255/mo	$1,362/mo	2	3.6
Sierra Meadows	$1,282/mo	$1,338/mo	4	4.2
Wyoming Place Apartments	$1,295/mo	$1,345/mo	3	4.2
Tesoro on Spain	$1,377/mo	$1,505/mo	7	3.4
Canoan Village	$1,420/mo	$1,565/mo	3	3.6
Spring Park Apartments	$1,435/mo	$1,542/mo	4	3.3
La Mirage Apartment Homes	$1,480/mo	$1,582/mo	3	3.6
The Enclave Apartments	$1,485/mo	$1,485/mo	1	3.5
Mountain Run Apartments	$1,495/mo	$1,560/mo	2	3.6
La Paloma Apartments	$1,500/mo	$1,564/mo	5	4
Altezza High Desert Apartments	$1,550/mo	$1,797/mo	14	3.2
Allegro at Tanoan Apartments	$1,569/mo	$1,569/mo	1	3.8
Las Kivas Apartments	$1,599/mo	$1,635/mo	2	4.4
OTTAVO Apartments	$1,615/mo	$1,767/mo	3	4.2
La Ventana Apartments	$1,803/mo	$1,886/mo	3	4.3

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 more on Google Trends

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 $1,511 per month as of July 2026, based on 97 units across 20 apartment communities.

Is rent going up or down in Elena Gallegos Grant?

Rent in Elena Gallegos Grant has decreased $332 (18.6%) over the past month. The current average is $1,511/mo.

What is the cheapest apartment in Elena Gallegos Grant?

The most affordable apartment in Elena Gallegos Grant is Copper Hills with units starting at $999/mo.

How many apartments are available in Elena Gallegos Grant?

There are 97 units available across 20 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

$60,000/year

Based on the 30 percent rule, using our tracked average rent of $1,511/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 ($999/mo), you need to earn at least $40,000/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	Source
Rent (market average)	$1,511	daily refresh
Utilities	$382	BLS × BEA RPP
Groceries	$526	BLS × BEA RPP
Transportation	$909	BLS × BEA RPP
Healthcare	$444	BLS × BEA RPP
Other goods and services	$710	BLS × BEA RPP
Estimated total	$4,481/mo	$53,778/year

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.

New Mexico Rent Trends

Compare rent across all New Mexico cities

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US-wide rent comparison

See how Albuquerque, NM rents stack up against the national median