Cheap Apartments for Rent in Santa Fe, NM
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SPECIAL OFFERPET FRIENDLY$1,483 - $2,095/mo
1-3 Beds
1-2 BathsCamino Real Apartments | 3480 Todos Santos St,
Santa Fe, NM 87507
SPECIAL OFFERPET FRIENDLY$1,491 - $3,099/moStudio-3 Beds1-2 BathsArt House Apartments | 1001 Midtown Calle Ctr,
Santa Fe, NM 87505
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Average Rent Trends in Santa Fe, NM
Rent in Santa Fe, NM varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Oct 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $2,500 |
| Dec 2025 | $2,400 |
| Jan 2026 | $2,400 |
| Feb 2026 | $2,500 |
| Mar 2026 | $2,500 |
| Apr 2026 | $2,475 |
| May 2026 | $2,500 |
| Jun 2026 | $2,495 |
| Jul 2026 | $2,360 |
| Aug 2026 | $2,500 |
| Sep 2026 | $2,450 |
| Oct 2026 | $2,600 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,900 | $2,300 | $3,100 | $4,000 | $2,500 |
| Townhomes | $2,499 | $2,500 | $2,700 | — | $2,500 |
| Apartments and Condos | $1,950 | $2,000 | $3,250 | $3,000 | $2,100 |
| Houses | $2,250 | $2,800 | $3,244 | $4,100 | $3,200 |
Frequently Asked Questions about Rentals in Santa Fe, NM
- What is the average rent of an apartment in Santa Fe, NM?The average rent of an apartment in Santa Fe, NM is $1,940 per month. This is about 0% higher than the national average.
- What are the cheapest months to find an apartment to rent in Santa Fe, NM?Last year, the cheapest month to find an apartment to rent was Dec 2025 when it was $2,400 per month.
- How many cheap apartments are available in Santa Fe, NM?There are 187 apartments to rent that are cheaper than the city’s average rent of $2,500.
- When is the average rent most expensive in Santa Fe, NM?In the last year, the average rent in Santa Fe, NM was highest in May 2025 when it was $2,800 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Santa Fe, NM?The average rent of a 1 bedroom apartment in Santa Fe, NM is $1,900 per month. That is about $326 more than the cost of a studio apartment.
- What are some neighborhoods in Santa Fe, NM?Some neighborhoods in Santa Fe, NM include: Arroyo Chamisa, San Mateo.
- What are some zip codes in Santa Fe, NM?
- What are some cities near Santa Fe, NM?
View this page in Spanish: Apartamentos baratos en renta en Santa Fe, NM - 810 Rentas | Trulia