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 August 2026, the average rent in Santa Fe, NM is $2,450 per month, which is 25% higher than the national average rent of $1,965 per month.
AVERAGE RENT
$2,450
2.1%$50 increase month-over-month
-9.3%-$250 decrease year-over-year
AVAILABLE RENTALS
317
APARTMENTS
HOUSES
TOWNHOUSES
As of August 2026, apartments are the most affordable rental option in Santa Fe, NM at $1,875 per month, while houses are the most expensive at $3,200 per month. Townhomes average $2,585 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,787 |
| 2 Bedrooms | $2,300 |
| 3 Bedrooms | $3,200 |
| 4 Bedrooms | $3,300 |
| All | $2,450 |
As of August 2026, the average rent for a 1 bedroom rental in Santa Fe, NM is $1,787 per month, followed by $2,300 for a 2 bedroom rental, $3,200 for a 3 bedroom rental, and $3,300 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,100 |
| 2 Bedrooms | $2,100 |
| 3 Bedrooms | $2,900 |
| 4 Bedrooms | $3,400 |
| All | $2,585 |
As of August 2026, the average rent for a 1 bedroom townhome in Santa Fe, NM is $2,100 per month, followed by $2,100 for a 2 bedroom townhome, $2,900 for a 3 bedroom townhome, and $3,400 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,800 |
| 2 Bedrooms | $1,972 |
| 3 Bedrooms | $3,500 |
| 4 Bedrooms | — |
| All | $1,850 |
As of August 2026, the average rent for a 1 bedroom apartment in Santa Fe, NM is $1,800 per month, followed by $1,972 for a 2 bedroom apartment, and $3,500 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,000 |
| 2 Bedrooms | $2,800 |
| 3 Bedrooms | $3,500 |
| 4 Bedrooms | $3,300 |
| All | $3,200 |
As of August 2026, the average rent for a 1 bedroom house in Santa Fe, NM is $2,000 per month, followed by $2,800 for a 2 bedroom house, $3,500 for a 3 bedroom house, and $3,300 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -7% compared to the previous year, which is a $200 decrease.
This year (2026)
Last year (2025)
Rent distribution
33% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $750 to $12,500.