Santa Fe, NM rental market

What is the average rent in Santa Fe, NM?

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Last updated September 23, 2026

Rental market summary

The average rent for all bedrooms and all property types in Santa Fe, NM is $2,500.

Average rent

$2,500

Month-over-month change

$0

Year-over-year change

-$63

Available rentals

364

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $800 to $17,000.

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Rent frequencies
Rent priceNumber of rental properties
$7001
$8002
$9002
$1,0001
$1,1003
$1,2006
$1,30011
$1,40017
$1,50022
$1,60020
$1,70019
$1,80015
$1,90025
$2,00024
$2,10023
$2,20028
$2,30016
$2,40022
$2,50019
$2,60015
$2,70017
$2,80019
$2,90022
$3,00016
$3,10013
$3,20020
$3,3006
$3,4007
$3,50010
$3,6009
$3,7008
$3,8004
$3,9006
$4,0006
$4,1003
$4,3001
$4,4002
$4,5003
$4,7004
$4,8002
$4,9004
$5,000+49

Average rent price over time

In the last year, rent has decreased by $63 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,500$2,400
Feb$2,500$2,500
Mar$2,500$2,500
Apr$2,600$2,475
May$2,800$2,500
Jun$2,733$2,495
Jul$2,700$2,360
Aug$2,700$2,500
Sep$2,700$2,450
Oct$2,500No data
Nov$2,500No data
Dec$2,400No data

Market temperature

The Santa Fe, NM rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Santa Fe, NM is 25% higher than the national average.

Santa Fe, NMvs.

$2,500

$2,000

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Frequently asked questions

1. What is the average rent in Santa Fe, NM?

The average rent in Santa Fe, NM is $2,500.

2. What is the average rent for a studio apartment in Santa Fe, NM?

The average rent for a studio apartment in Santa Fe, NM is $1,530 per month.

3. What is the average rent for a one-bedroom apartment in Santa Fe, NM?

The average rent for a one-bedroom apartment in Santa Fe, NM is $1,899 per month.

4. What is the average rent for a two-bedroom apartment in Santa Fe, NM?

The average rent for a two-bedroom apartment in Santa Fe, NM is $2,300 per month.

5. What is the average rent for a three-bedroom apartment in Santa Fe, NM?

The average rent for a three-bedroom apartment in Santa Fe, NM is $3,200 per month.

6. What is the average rent for a four-bedroom apartment in Santa Fe, NM?

The average rent for a four-bedroom apartment in Santa Fe, NM is $8,150 per month.

7. How much does it cost to rent a house in Santa Fe, NM?

Houses in Santa Fe, NM rent between $800 - $17,000 with an average rent of $2,500.

8. How has the rent in Santa Fe, NM changed in the last year?

In the last year, the rent in Santa Fe, NM decreased by $63

9. How much has the rent in Santa Fe, NM increased/decreased in the last month?

In the last month, the rent in Santa Fe, NM did not change.

10. How many available rentals are there in Santa Fe, NM?

There are currently 364 rentals available in Santa Fe, NM.

11. How do rent prices in Santa Fe, NM compare with the national average?

The average rent in Santa Fe, NM is $2,500 — 25% higher the national average of $2,000.

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