Last updated on September 15, 2026

Average rent in
Santa Fe, NM

Key takeaways for renters

  • The bottom line

    Santa Fe, NM rent slipped 11.5% year over year, with a current median of $2,175/month. Renters today are paying $164 less per month on average than last year despite a 2.5% month-over-month increase.

  • Santa Fe runs 14.5% more expensive than the $1,900/month national median, placing it above the national average with a total of 104 rentals available across the city.

  • Price ranges

    Studios in Santa Fe rent for $900/month, 1-bedrooms for $1,629/month, and 2-bedrooms for $2,000/month, while 3-bedrooms and 4+ bedrooms reach $3,000 and $3,250/month respectively. Houses command a median of $3,000/month compared to apartments at $1,674/month, with houses making up over half of total rentals.

  • Neighborhood spotlight

    Las Campanas rents fell 73.3% year over year to $2,000/month across 23 rentals, and Campo Conejos dropped 67.0% to $2,150/month across 22 rentals. These declines contrast with the citywide 11.5% cooldown and show localized market shifts.

Median rent

Median rent in Santa Fe

$2,175/mo

decreased by12%

vs previous year

The average rent in Santa Fe is $2,175 per month as of September 2026. This is 14% above the national average rent, or $275 more per month.

$1.70

average price per square foot

Total rentals

Available rentals in Santa Fe

104

for rent on Zumper.com as of September 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 increased by 2% over the last month and have decreased by 12% 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 $1,674, whereas a house costs $3,000. 1-bedroom apartments in Santa Fe run $1,415 on average, while 2-bedroom apartments are $1,899.

Listings

Studio

$900

5%

13%

1 bedroom

$1,629

3%

8%

2 bedroom

$2,000

No Change

21%

3 bedroom

$3,000

6%

No Change

4 bedroom

$3,250

6%

1%

Studio

Average rent

$900

Last 30 days

5%

Last year

13%

1 bedroom

Average rent

$1,629

Last 30 days

3%

Last year

8%

2 bedroom

Average rent

$2,000

Last 30 days

No Change

Last year

21%

3 bedroom

Average rent

$3,000

Last 30 days

6%

Last year

No Change

4 bedroom

Average rent

$3,250

Last 30 days

6%

Last year

1%

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$2,175
increased by14%

higher than the national median

Median rent price$1,335
decreased by30%

lower than the national median

Takeaway

The median rent for all rentals in Santa Fe, NM is 63% higher than the median rent in Albuquerque, NM.

Discover rentals in Santa Fe, NM

5d+ 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

Cresta Ranch - Photo 1 of 1
Income restricted

4d ago

8.3

Very good

Cresta Ranch

48 Raptor Road, Santa Fe, NM 87508

2–3 beds

2 baths

$1,428–$2,212

2029 Calle Lorca - Photo 1 of 1

2d ago

Apartment for rent in Santa Fe

2 beds

1 bath

$1,599

$1,499

Price drop

South Meadows - Photo 1 of 1
Highly rated
Rent special

14h ago

8.5

Very good

South Meadows

2800 S Meadows Rd, Santa Fe, NM 87507

1–3 beds

1–2 baths

$1,541–$2,640

Price drop

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.

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 $2,175 per month as of September 12, 2026.

Is rent up or down in Santa Fe?

Average rent prices in Santa Fe have increased by 2% over the last month and have decreased by 12% since last year.

How does Santa Fe rent compare to the national average?

Rent in Santa Fe is 14% above the national average, which means renters are paying approximately $275 more per month.

Which neighborhoods are most affordable in Santa Fe?

The most affordable neighborhoods in Santa Fe are Nava Ade ($1,997/mo), La Tierra ($1,997/mo), and Las Campanas ($2,000/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 $87,000/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