Santa Fe, NM Rental Market Trends
What is the average rent in Santa Fe?
The average rent for an apartment in Santa Fe is $1,870. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Santa Fe, NM
Last updated August 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,870 | 834 sq. ft. |
What is the average apartment size in Santa Fe?
The average size for a Santa Fe, NM apartment is 834 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Santa Fe, NM apartment rent ranges
Santa Fe, NM Occupied Housing Units
15,140 or 37% of the households in Santa Fe, NM are renter-occupied while 25,561 or 63% are owner-occupied.
Santa Fe, NM rent trends
Average Rent in Santa Fe, NM By Neighborhood
| City | Average Rent |
|---|---|
| Villa Sonata | $2,249 |
| Villa San Francisco | $2,104 |
| Stearns | $1,992 |
| South Ridge | $1,865 |
| San Isidro Village | $1,837 |
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What are the most affordable neighborhoods in Santa Fe?
The most affordable neighborhoods in Santa Fe are San Isidro Village, where the average rent goes for $1,837/month, South Ridge, where renters pay $1,865/mo on average, and Stearns, where the average rent goes for $1,992/mo.
What are the most popular neighborhoods in Santa Fe?
The most popular neighborhood in Santa Fe is Villa San Francisco, where there are 1 listings with an average rent of $2,104. Next up is Villa Sonata, where apartments go for $2,249/month, followed by San Isidro Village with $1,837 If you’re looking to rent in Santa Fe’s most popular neighborhoods, make sure to also check out South Ridge, where renters pay $1,865 on average, and Stearns, where the average monthly rent is $1,992.
Santa Fe | Rent Comparison by Neighborhood
Rent in San Isidro Village is 1% lower than in South Ridge
$1,837
San Isidro Village rent is 2% lower than Santa Fe average
Average Rent
$1,837
$1,865
South Ridge rent is 1% lower than Santa Fe average
Average Rent
$1,865
How Santa Fe Compares to Other Cities
| State | Average Rent |
|---|---|
| Santa Fe | $1,870 |
| Albuquerque | $1,391 |
| Las Cruces | $1,244 |
| Rio Rancho | $1,655 |
| Los Alamos | $1,978 |
| Santa Teresa | $1,094 |
What is the average price for a storage unit in Santa Fe?
The average rent for a non-climate-controlled 10'x10' storage unit in Santa Fe is $166.34. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Santa Fe
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Talavera Apartment Homes
4129 S. Meadows Road, Santa Fe, NM 87507| 1 BED | $1,424+ |
| 2 BEDS | $1,489+ |
| 3 BEDS | $1,679+ |
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Rancho Carrera Apartments
4000 La Carrera, Santa Fe, NM 87507| 1 BED | $1,475+ |
| 2 BEDS | $1,615+ |