Last updated
Average Rent in Elena Gallegos Grant & Rent Trends
Rent prices and market trends across 7 apartment communities in Elena Gallegos Grant, Albuquerque, NM. Updated daily.
Market Average
$1,815/mo
▲ +5.4% from last month
Lowest Available
$1,075/mo
cheapest unit on market
Communities
7
tracked daily
Units Listed
55
available now
Elena Gallegos Grant vs Albuquerque, NM Average
Elena Gallegos Grant is more expensive the Albuquerque, NM average by $244/mo (16%). The citywide average is $1,571/mo across all neighborhoods.
Is Rent Going Up or Down in Elena Gallegos Grant?
As of May 2026, the average rent in Elena Gallegos Grant is $1,815 per month across 7 apartment communities and 55 available units. Rents have increased $88 (5.4%) over the past month.
The most affordable option is Mountain Run Apartments starting at $1,075/mo. By unit type, a 1-bedroom averages $1,555/mo, a 2-bedroom averages $1,760/mo, a 3-bedroom averages $2,210/mo.
Prices range from $1,075 to $2,595 per month. The most common price point is the $1,600 range, where 16 units are currently listed.
Elena Gallegos Grant Rent Price History
Average Rent by Bedroom
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 |
|---|---|---|---|---|
| Mountain Run Apartments | $1,075/mo | $1,362/mo | 4 | 3.6 |
| Sungate Apartments | $1,125/mo | $1,125/mo | 1 | 4.3 |
| La Mirage Apartment Homes | $1,449/mo | $1,615/mo | 7 | 3.6 |
| Las Kivas Apartments | $1,495/mo | $1,517/mo | 2 | 4.4 |
| Altezza High Desert Apartments | $1,560/mo | $1,920/mo | 30 | 3.2 |
| Pavilions Apartments | $1,575/mo | $2,002/mo | 4 | 4.1 |
| La Ventana Apartments | $1,639/mo | $1,902/mo | 7 | 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
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 much is a 1-bedroom 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
$73,000/year
30 percent rule -- using our average rent of $1,815/mo.
Comfortable income
$87,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,075/mo), you need to earn at least $43,000/year.
Median household income in Elena Gallegos Grant is $65,604 , about 25% 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) | $1,815 |
| Utilities | $382 |
| Groceries | $526 |
| Transportation | $909 |
| Healthcare | $444 |
| Other goods and services | $710 |
| Estimated total | $4,785/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.
Explore Elena Gallegos Grant Apartments
Browse all 7 communities with daily-updated pricing and availability.