Last updated on August 1, 2026

Average rent in
Santa Fe, NM

Key takeaways for renters

  • The bottom line

    Santa Fe, NM rent slipped 9.1% year over year, with a current median of $2,000/month. Renters today are paying $174 less per month on average than last year as the market continues to cool from its peak in late 2025.

  • Santa Fe runs 3.6% more expensive than the $1,930/month national median, positioning it as a moderately priced market with a total of 93 total rentals available.

  • Rent ranges by bedroom

    Studio rents in Santa Fe start at $800/month, while 1-bedroom units rent for $1,668/month and 2-bedrooms for $1,979/month. Larger units command higher rents, with 3-bedrooms at $2,700/month and 4+ bedrooms at $3,575/month. This range reflects the diversity of rental options across bedroom sizes.

Median rent

Median rent in Santa Fe

$2,000/mo

decreased by9%

vs previous year

The average rent in Santa Fe is $2,000 per month as of July 2026. This is 4% above the national average rent, or $70 more per month.

$1.71

average price per square foot

Total rentals

Available rentals in Santa Fe

93

for rent on Zumper.com as of July 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 decreased by 1% over the last month and have decreased by 9% 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 $1,700, whereas a house costs $2,700. 1-bedroom apartments in Santa Fe run $1,589 on average, while 2-bedroom apartments are $1,819.

Listings

Studio

$800

5%

12%

1 bedroom

$1,667

8%

6%

2 bedroom

$1,979

1%

17%

3 bedroom

$2,700

1%

11%

4 bedroom

$3,575

8%

31%

Studio

Average rent

$800

Last 30 days

5%

Last year

12%

1 bedroom

Average rent

$1,667

Last 30 days

8%

Last year

6%

2 bedroom

Average rent

$1,979

Last 30 days

1%

Last year

17%

3 bedroom

Average rent

$2,700

Last 30 days

1%

Last year

11%

4 bedroom

Average rent

$3,575

Last 30 days

8%

Last year

31%

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$2,000
increased by4%

higher than the national median

Median rent price$1,297
decreased by33%

lower than the national median

Takeaway

The median rent for all rentals in Santa Fe, NM is 54% 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

Apartment for rent

Rufina Street Apartments - 3226 - Photo 1 of 1

2d ago

8.6

Very good

Rufina Street Apartments - 3226

3226 Rufina St, Santa Fe, NM 87507

1 bed

1 bath

$1,000

Apartment for rent

2241 - Photo 1 of 1

1d ago

7.7

Very good

2241

2241 Camino Carlos Rey, Santa Fe, NM 87507

2 beds

1 bath

$1,250

Apartment for rent

Cresta Ranch - Photo 1 of 1
Income restricted

1d ago

8.6

Very good

Cresta Ranch

48 Raptor Road, Santa Fe, NM 87505

2–3 beds

2 baths

$1,428–$2,212

Apartment for rent

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 $2,000 per month as of July 25, 2026.

Is rent up or down in Santa Fe?

Average rent prices in Santa Fe have decreased by 1% over the last month and have decreased by 9% since last year.

How does Santa Fe rent compare to the national average?

Rent in Santa Fe is 4% above the national average, which means renters are paying approximately $70 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), North Guadalupe Historic ($1,975/mo), and Las Acequias ($1,979/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 $80,000/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?

Based on Zumper's July 2026 data, one-bedroom apartments in Santa Fe average around $1,670/month and two-bedrooms approximately $2,220/month.

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