Last updated on October 30, 2026

Average rent in
Santa Fe, NM

Key takeaways for renters

  • The bottom line

    Santa Fe, NM rent slipped 2.2% year over year, with a current median of $2,200/month. Renters today are paying $49 less per month on average than last year, while month-to-month rent is essentially flat.

  • Santa Fe runs 15.8% more expensive than the $1,900/month national median, positioning it as a pricier market with a total of 108 total rentals available across the city.

  • Price ranges

    Studios in Santa Fe rent for about $1,025/month, 1-bedrooms around $1,700/month, and 2-bedrooms near $2,000/month, with 3-bedrooms at $3,100/month and 4+ bedrooms at $3,450/month. The 1-bedroom median of $1,700/month represents a common rent level in this market.

  • Neighborhood spotlight

    Las Acequias saw rents climb 63.8% year over year to $2,293/month, contrasting with the citywide decline of 2.2%. Meanwhile, Campo Conejos and Southeast neighborhoods saw rents fall 63.2% and 58.4%, respectively, showing significant local variation.

Median rent

Median rent in Santa Fe

$2,200/mo

decreased by2%

vs previous year

The average rent in Santa Fe is $2,200 per month as of October 2026. This is 16% above the national average rent, or $300 more per month.

$1.65

average price per square foot

Total rentals

Available rentals in Santa Fe

108

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Santa Fe rentals at each price point

65%49%33%16%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Santa Fe, NM

Average rent prices in Santa Fe have remained the same over the last month and have decreased by 2% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Santa Fe, NM

Rent prices in Santa Fe vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Santa Fe is $1,690, whereas a house costs $2,950. 1-bedroom apartments in Santa Fe run $1,570 on average, while 2-bedroom apartments are $1,700.

Listings

Studio

$1,025

7%

7%

1 bedroom

$1,700

No Change

1%

2 bedroom

$2,000

No Change

12%

3 bedroom

$3,100

3%

2%

4 bedroom

$3,450

1%

10%

Studio

Average rent

$1,025

Last 30 days

7%

Last year

7%

1 bedroom

Average rent

$1,700

Last year

1%

2 bedroom

Average rent

$2,000

Last 30 days

No Change

Last year

12%

3 bedroom

Average rent

$3,100

Last 30 days

3%

Last year

2%

4 bedroom

Average rent

$3,450

Last 30 days

1%

Last year

10%

The table above reflects average rent prices in Santa Fe, NM, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Santa Fe, NM compare to other cities?

Compare median rent prices in Santa Fe and Albuquerque by all bedroom counts and property types.

Santa Fe

Median rent price$2,200
increased by16%

higher than the national median

Median rent price$1,325
decreased by30%

lower than the national median

Takeaway

The median rent for all rentals in Santa Fe, NM is 66% higher than the median rent in Albuquerque, NM.

Discover rentals in Santa Fe, NM

1d ago

7.7

Very good

Siler Yard: Arts & Creativity Center

1218 Siler Rd, Santa Fe, NM 87507

1–3 beds

1–2 baths

$615–$1,707

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
2029 Calle Lorca - Photo 1 of 1

5d+ ago

Apartment for rent in Santa Fe

2 beds

1 bath

$1,399

Price dropped $200Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Cresta Ranch - Photo 1 of 1
Income restricted

18h ago

8.3

Very good

Cresta Ranch

48 Raptor Road, Santa Fe, NM 87508

2–3 beds

2 baths

$1,428–$2,212

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
516 Hillside Ave - Photo 1 of 1

5d+ ago

Apartment for rent in Santa Fe

2 beds

1 bath

$1,480

Price dropped $75Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Santa Fe, NM

Quick answers to common questions about the Santa Fe rental market.

How much is rent in Santa Fe?

The average rent in Santa Fe is $2,200 per month as of October 24, 2026.

Is rent up or down in Santa Fe?

Average rent prices in Santa Fe have remained the same over the last month and have decreased by 2% since last year.

How does Santa Fe rent compare to the national average?

Rent in Santa Fe is 16% above the national average, which means renters are paying approximately $300 more per month.

Which neighborhoods are most affordable in Santa Fe?

The most affordable neighborhoods in Santa Fe are Arroyo Chamisa Sol Y Lomas ($1,700/mo), Valle Del Sol ($1,899/mo), and Las Campanas ($1,899/mo).

What salary do I need to afford rent in Santa Fe?

To comfortably afford rent in Santa Fe, you'd need to earn approximately $88,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Santa Fe?

June offers the lowest rents in Santa Fe, while October sees the highest prices, creating roughly a 7% difference between peak and off-peak months. May shows the most competition with higher demand relative to inventory.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Albuquerque