Rentometer, Inc. | Data as of 10/22/2025
Santa Fe’s rental market blends historic charm with modern convenience, offering a diverse portfolio of apartments and single‑family homes that cater to students, professionals, and families alike. Downtown’s vibrant plaza, the iconic Santa Fe Railway, and the bustling Canyon Road arts district enrich the living experience, while neighborhoods such as South Capitol Hills, Ranchos de Santa Fe, and the River Road corridor provide quieter, tree‑lined streets and easy access to outdoor recreation in the Sangre de Cristo Range. Whether you prefer a compact studio in a contemporary high‑rise near the State Capitol or a spacious house nestled near the Santa Fe River Preserve, the city’s rental options reflect a balance of cultural amenities and natural beauty.
Rent levels in Santa Fe generally follow a tiered structure: studio apartments and houses tend to sit in the $1,200‑$1,400 range, while one‑bedroom units commonly fall between $1,600 and $1,900. Two‑bedroom rentals often span the $1,900‑$2,500 bracket, and three‑bedroom apartments and homes typically range from $2,300 up to $3,400, with four‑plus‑bedroom properties reaching the $2,800‑$4,100 spectrum. This pricing reflects the city’s strong demand for quality living spaces near key attractions such as the historic Santa Fe Opera House, the Museum of International Folk Art, and the nearby ski resort of Ski Santa Fe. Prospective renters will find a welcoming community, well‑maintained properties, and a lifestyle that blends New Mexico’s rich heritage with contemporary comforts.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,246 | $1,212 | $1,000 - $1,775 | $1,100 - $1,400 |
| Apartment | 1 Bedroom | $1,598 | $1,602 | $700 - $3,200 | $1,400 - $1,800 |
| Apartment | 2 Bedroom | $1,969 | $1,960 | $800 - $3,400 | $1,715 - $2,250 |
| Apartment | 3 Bedroom | $2,316 | $2,200 | $1,550 - $3,250 | $2,056 - $2,740 |
| Apartment | 4+ Bedroom | $2,764 | $2,342 | $2,100 - $3,850 | $2,100 - $3,850 |
| House | Studio | $1,437 | $1,275 | $1,200 - $2,000 | $1,200 - $2,000 |
| House | 1 Bedroom | $1,903 | $1,800 | $750 - $3,400 | $1,600 - $2,200 |
| House | 2 Bedroom | $2,996 | $2,750 | $1,000 - $6,000 | $2,300 - $3,500 |
| House | 3 Bedroom | $3,311 | $3,000 | $1,050 - $10,500 | $2,700 - $3,550 |
| House | 4+ Bedroom | $4,116 | $3,497 | $2,700 - $12,000 | $3,000 - $3,950 |
In the current period, the average rent in Santa Fe was $1,367 for Studio, $1,699 for 1 Bedroom, $2,550 for 2 Bedroom, $3,194 for 3 Bedroom, and $3,985 for 4+ Bedroom.
Data provided by Rentometer, Inc.