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

Rental Market Trends in Santa Fe, NM

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Santa Fe, NM is $2,444 per month, which is 25% higher than the national average rent of $1,951 per month.

AVERAGE RENT

$2,444
1.9%
$44 increase month-over-month
-9.5%
-$256 decrease year-over-year

AVAILABLE RENTALS

336

APARTMENTS

$1,867

HOUSES

$3,000

TOWNHOUSES

$2,585
As of June 2026, apartments are the most affordable rental option in Santa Fe, NM at $1,867 per month, while houses are the most expensive at $3,000 per month. Townhomes average $2,585 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,842
2 Bedrooms$2,150
3 Bedrooms$2,995
4 Bedrooms$3,800
All$2,444
As of June 2026, the average rent for a 1 bedroom rental in Santa Fe, NM is $1,842 per month, followed by $2,150 for a 2 bedroom rental, $2,995 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 decreased by -9% compared to the previous year, which is a $238 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 $738 to $17,000.
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