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 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
HOUSES
TOWNHOUSES
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 type | Average 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.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,499 |
| 2 Bedrooms | $2,300 |
| 3 Bedrooms | $3,000 |
| 4 Bedrooms | $3,600 |
| All | $2,585 |
As of June 2026, the average rent for a 1 bedroom townhome in Santa Fe, NM is $2,499 per month, followed by $2,300 for a 2 bedroom townhome, $3,000 for a 3 bedroom townhome, and $3,600 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,850 |
| 2 Bedrooms | $1,900 |
| 3 Bedrooms | $2,400 |
| 4 Bedrooms | $3,365 |
| All | $1,850 |
As of June 2026, the average rent for a 1 bedroom apartment in Santa Fe, NM is $1,850 per month, followed by $1,900 for a 2 bedroom apartment, $2,400 for a 3 bedroom apartment, and $3,365 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,295 |
| 2 Bedrooms | $2,900 |
| 3 Bedrooms | $3,000 |
| 4 Bedrooms | $3,950 |
| All | $3,000 |
As of June 2026, the average rent for a 1 bedroom house in Santa Fe, NM is $2,295 per month, followed by $2,900 for a 2 bedroom house, $3,000 for a 3 bedroom house, and $3,950 for a 4 bedroom house.
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.