Cheap Apartments for Rent in Santa Fe, NM
332 rentals
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Use arrow keys to navigatePET FRIENDLY$1,100 - $1,400/mo
Studio-2 Beds
1 BathSierra Blanca Senior Living | 2961 Galisteo Rd #E123,
Santa Fe, NM 87505
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,202 - $1,605/moStudio-2 Beds1 BathVista Alegre Apartments | 1469 Zepol Rd #1489-304,
Santa Fe, NM 87507
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SPECIAL OFFERPET FRIENDLY$1,299 - $1,799/mo1-3 Beds1-2 BathsArtista Apartments | 2029 Calle Lorca #2027-22,
Santa Fe, NM 87505
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PET FRIENDLY$1,439 - $1,994/mo1-3 Beds1-2 BathsTalavera Apartment Homes | 4129 S Meadows Rd #1726,
Santa Fe, NM 87507
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PET FRIENDLY$1,482 - $1,795/mo1-2 Beds1-2 BathsSan Isidro Apartments | 4501 San Ignacio Rd #ed812886b,
Santa Fe, NM 87507
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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 stayed about the same in May 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,733 |
| Jul 2025 | $2,700 |
| Aug 2025 | $2,700 |
| Sep 2025 | $2,700 |
| Oct 2025 | $2,500 |
| 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 | $2,499 |
Average Rent By Bedroom and Home Type
In May 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 | $1,761 | $2,250 | $3,000 | $4,000 | $2,500 |
| Townhomes | $2,300 | $2,400 | $2,995 | $2,517 | $2,800 |
| Apartments and Condos | $1,805 | $2,000 | $2,500 | $3,500 | $2,000 |
| Houses | $2,000 | $2,900 | $3,500 | $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 $1,809 per month. This is about 6% lower than the national average.
- What is the average rent of a house in Santa Fe, NM?The average rent of a house in Santa Fe, NM is $3,200 per month. This is about 66% higher than the national average.
- What is the average rent of a townhome in Santa Fe, NM?The average rent of a townhome in Santa Fe, NM is $2,411 per month. This is about 25% higher than the national average.
- When is the average rent cheapest in Santa Fe, NM?In the last year, the average rent in Santa Fe, NM was lowest in Dec 2025 when it was $2,400 per month.
- 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 $1,805 per month. That is about $155 more than the cost of a studio apartment.
- How many available rental listings are in Santa Fe, NM?There are 349 available rental listings in Santa Fe, NM.
- 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?