Last updated on September 16, 2026

Average rent in
Santa Teresa, NM

Median rent

Median rent in Santa Teresa

$1,650/mo

decreased by17%

vs previous year

The average rent in Santa Teresa is $1,650 per month as of September 2026. This is 13% below the national average rent, or $250 less per month.

$1.05

average price per square foot

Total rentals

Available rentals in Santa Teresa

16

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Santa Teresa rentals at each price point

65%49%33%16%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Santa Teresa, NM

Average rent prices in Santa Teresa have decreased by 5% over the last month and have decreased by 18% 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 Teresa, NM

Rent prices in Santa Teresa vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Santa Teresa is $1,650, whereas a house costs $2,100. 1-bedroom apartments in Santa Teresa run $700 on average.

Listings

1 bedroom

$700

No Change

23%

2 bedroom

$800

6%

-

3 bedroom

$1,650

5%

8%

4 bedroom

$2,100

10%

5%

1 bedroom

Average rent

$700

Last year

23%

2 bedroom

Average rent

$800

Last 30 days

6%

3 bedroom

Average rent

$1,650

Last 30 days

5%

Last year

8%

4 bedroom

Average rent

$2,100

Last 30 days

10%

Last year

5%

The table above reflects average rent prices in Santa Teresa, 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 Teresa, NM compare to other cities?

Compare median rent prices in Santa Teresa and Alamogordo by all bedroom counts and property types.

Santa Teresa

Median rent price$1,650
decreased by13%

lower than the national median

Median rent price$1,629
decreased by14%

lower than the national median

Takeaway

The median rent for all rentals in Santa Teresa, NM is 1% higher than the median rent in Alamogordo, NM.

Discover rentals in Santa Teresa, NM

6026 Becca Dr - Photo 1 of 1

5d+ ago

House for rent in Santa Teresa

Residential Lease, Santa Teresa, NM

6026 Becca Dr, Santa Teresa, NM 88008

4 beds

2 baths

$1,750

1103 Brass Hill Ave - Photo 1 of 1

5d+ ago

House for rent in Santa Teresa

729 Calle Escondida - Photo 1 of 1

5d+ ago

House for rent in Santa Teresa

927 Brass Hill Ave - Photo 1 of 1

5d+ ago

House for rent in Santa Teresa

Residential Lease, Santa Teresa, NM

927 Brass Hill Ave, Santa Teresa, NM 88008

4 beds

2.5 baths

$2,100

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 Teresa, NM

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

How much is rent in Santa Teresa?

The average rent in Santa Teresa is $1,650 per month as of September 12, 2026.

Is rent up or down in Santa Teresa?

Average rent prices in Santa Teresa have decreased by 5% over the last month and have decreased by 18% since last year.

How does Santa Teresa rent compare to the national average?

Rent in Santa Teresa is 13% below the national average, which means renters are paying approximately $250 less per month.

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

To comfortably afford rent in Santa Teresa, you'd need to earn approximately $66,000/year, based on spending no more than 30% of your income on rent.

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).

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