What's the average rent in Santa Fe, NM?

Rental Market Trends in Santa Fe, NM

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Santa Fe, NM is $2,600 per month, which is 35% higher than the national average rent of $1,932 per month.

AVERAGE RENT

$2,600
4.0%
$100 increase month-over-month
2.0%
$50 increase year-over-year

AVAILABLE RENTALS

385

APARTMENTS

$1,880

HOUSES

$3,100

TOWNHOUSES

$2,600
As of November 2026, apartments are the most affordable rental option in Santa Fe, NM at $1,880 per month, while houses are the most expensive at $3,100 per month. Townhomes average $2,600 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,950
2 Bedrooms$2,340
3 Bedrooms$3,000
4 Bedrooms$3,800
All$2,600
As of November 2026, the average rent for a 1 bedroom rental in Santa Fe, NM is $1,950 per month, followed by $2,340 for a 2 bedroom rental, $3,000 for a 3 bedroom rental, and $3,800 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +4% compared to the previous year, which is a +$100 increase.
This year (2026)
Last year (2025)

Rent distribution

29% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $675 to $17,000.
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