What's the average rent in Santa Fe, NM?
Rental Market Trends in Santa Fe, NM
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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
HOUSES
TOWNHOUSES
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 type | Average 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.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,200 |
| 2 Bedrooms | $2,500 |
| 3 Bedrooms | $2,700 |
| 4 Bedrooms | — |
| All | $2,600 |
As of November 2026, the average rent for a 1 bedroom townhome in Santa Fe, NM is $2,200 per month, followed by $2,500 for a 2 bedroom townhome, and $2,700 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,950 |
| 2 Bedrooms | $2,250 |
| 3 Bedrooms | $3,500 |
| 4 Bedrooms | $1,383 |
| All | $2,100 |
As of November 2026, the average rent for a 1 bedroom apartment in Santa Fe, NM is $1,950 per month, followed by $2,250 for a 2 bedroom apartment, $3,500 for a 3 bedroom apartment, and $1,383 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,250 |
| 2 Bedrooms | $2,950 |
| 3 Bedrooms | $3,300 |
| 4 Bedrooms | $3,844 |
| All | $3,100 |
As of November 2026, the average rent for a 1 bedroom house in Santa Fe, NM is $2,250 per month, followed by $2,950 for a 2 bedroom house, $3,300 for a 3 bedroom house, and $3,844 for a 4 bedroom house.
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.