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

Rental Market Trends in Santa Fe, NM

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Santa Fe, NM is $2,500 per month, which is 31% higher than the national average rent of $1,910 per month.

AVERAGE RENT

$2,500

1.0%$25 increase month-over-month

-10.7%-$300 decrease year-over-year

AVAILABLE RENTALS

376

APARTMENTS

$1,798

HOUSES

$3,200

TOWNHOUSES

$2,800

As of May 2026, apartments are the most affordable rental option in Santa Fe, NM at $1,798 per month, while houses are the most expensive at $3,200 per month. Townhomes average $2,800 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,761
2 Bedrooms	$2,250
3 Bedrooms	$3,000
4 Bedrooms	$4,000
All	$2,500

As of May 2026, the average rent for a 1 bedroom rental in Santa Fe, NM is $1,761 per month, followed by $2,250 for a 2 bedroom rental, $3,000 for a 3 bedroom rental, and $4,000 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$2,300
2 Bedrooms	$2,400
3 Bedrooms	$2,995
4 Bedrooms	$2,517
All	$2,800

As of May 2026, the average rent for a 1 bedroom townhome in Santa Fe, NM is $2,300 per month, followed by $2,400 for a 2 bedroom townhome, $2,995 for a 3 bedroom townhome, and $2,517 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,805
2 Bedrooms	$2,000
3 Bedrooms	$2,500
4 Bedrooms	$3,500
All	$2,000

As of May 2026, the average rent for a 1 bedroom apartment in Santa Fe, NM is $1,805 per month, followed by $2,000 for a 2 bedroom apartment, $2,500 for a 3 bedroom apartment, and $3,500 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$2,000
2 Bedrooms	$2,900
3 Bedrooms	$3,500
4 Bedrooms	$4,100
All	$3,200

As of May 2026, the average rent for a 1 bedroom house in Santa Fe, NM is $2,000 per month, followed by $2,900 for a 2 bedroom house, $3,500 for a 3 bedroom house, and $4,100 for a 4 bedroom house.