Last updated on June 16, 2026

Average rent in
Santa Fe, NM

Key takeaways for renters

  • The bottom line

    Santa Fe, NM rent slipped 5.8% year over year, with a current median of $2,072/month. Renters today are paying $40 less per month on average than last year, despite a 2.5% month-over-month increase in June 2026.

  • Santa Fe runs 6.3% more expensive than the $1,950/month national median, positioning it as a moderately priced market with limited total rentals at 122 units.

  • Price ranges

    Studios in Santa Fe rent for about $1,440/month, 1-bedrooms for $1,697/month, and 2-bedrooms for $1,979/month, while larger units reach $3,000/month for 3-bedrooms and $3,650/month for 4+ bedrooms. Houses command a median of $2,850/month compared to $1,715/month for apartments.

  • Neighborhood spotlight

    Valle Del Sol rents fell 66.9% year over year to $1,985/month, Canyon dropped 57.2% to $1,925/month, and Old Santa Fe Trail declined 55.0% to $1,800/month. These steep neighborhood declines contrast with the citywide 5.8% cooldown and show localized market shifts.

Median rent

Median rent in Santa Fe

$2,072/mo

decreased by6%

vs previous year

The average rent in Santa Fe is $2,072 per month as of June 2026. This is 6% above the national average rent, or $122 more per month.

$1.66

average price per square foot

Total rentals

Available rentals in Santa Fe

122

for rent on Zumper.com as of June 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 6% 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 $1,715, whereas a house costs $2,850. 1-bedroom apartments in Santa Fe run $1,605 on average, while 2-bedroom apartments are $1,900.

Listings

Studio

$1,440

15%

33%

1 bedroom

$1,697

2%

1%

2 bedroom

$1,979

2%

17%

3 bedroom

$3,000

2%

7%

4 bedroom

$3,650

10%

37%

Studio

Average rent

$1,440

Last 30 days

15%

Last year

33%

1 bedroom

Average rent

$1,697

Last 30 days

2%

Last year

1%

2 bedroom

Average rent

$1,979

Last 30 days

2%

Last year

17%

3 bedroom

Average rent

$3,000

Last 30 days

2%

Last year

7%

4 bedroom

Average rent

$3,650

Last 30 days

10%

Last year

37%

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$2,072
increased by6%

higher than the national median

Median rent price$1,285
decreased by34%

lower than the national median

Takeaway

The median rent for all rentals in Santa Fe, NM is 61% higher than the median rent in Albuquerque, NM.

Discover rentals in Santa Fe, NM

Cresta Ranch - Photo 1 of 1
Income restricted

5d+ ago

8.6

Very good

Cresta Ranch

48 Raptor Road, Santa Fe, NM 87505

2–3 beds

2 baths

$738–$2,276

Apartment for rent

5202 Gold Hill Ln - Photo 1 of 1

5d+ ago

Townhouse for rent in Santa Fe

3 beds

3 baths

$1,000

House for rent

Available Sep 24

2800 Cerrillos Rd #120 - Photo 1 of 1

5d+ ago

Condo for rent in Santa Fe

2800 Cerrillos Rd #120, Santa Fe, NM 87507

2 beds

1 bath

$1,395

Condo for rent

Available Apr 1

2800 Cerrillos Road 2 - 120 #120 - Photo 1 of 1

5d+ ago

Condo for rent in Santa Fe

2800 Cerrillos Road 2 - 120

2800 Cerrillos Road 2 - 120 #120, Santa Fe, NM 87507

2 beds

1 bath

$1,395

Condo for rent

Available Apr 1

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 $2,072 per month as of June 13, 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 6% since last year.

How does Santa Fe rent compare to the national average?

Rent in Santa Fe is 6% above the national average, which means renters are paying approximately $122 more per month.

Which neighborhoods are most affordable in Santa Fe?

The most affordable neighborhoods in Santa Fe are Greater Callecita South ($1,847/mo), La Madera ($1,850/mo), and Historic Guadalupe ($1,895/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 $83,000/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?

Santa Fe's 1-bedroom apartments averaged around $1,700 per month in 2025, while 2-bedroom units averaged around $2,300 monthly. These figures reflect the current rental market in New Mexico's capital city.

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