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Cheap Apartments for Rent in Santa Fe, NM

Cheap Apartments for Rent in Santa Fe, NM. 21 Rentals Available
21 Rentals Available

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Apartments Under $1,500

  • Rent specials New units available
    1 bd $1,389+
    2 bd $1,549+
    3 bd $1,789+
    Base rent
    4.5 (11)
    4129 S. Meadows Road, Santa Fe, NM 87507
    Apply online • Pet friendly • Parking
  • Ask for pricing
    Income restricted
    Verified Listing

    1500 Pacheco Street, Sante Fe, NM 87505
    Pet friendly • Fitness center • In unit laundry
2-0-city



Frequently asked questions

What is the price of a cheap apartment in Santa Fe, NM?

The price range of a cheap apartment is between $1,389 and $2,482.

How many cheap rentals are available in Santa Fe, NM on RentCafe?

There are 20 cheap rentals available on RentCafe. Prices and availability in Santa Fe, NM were last updated on 17 Jun 2026.

What is the average size of a cheap apartment in Santa Fe, NM?

The average Santa Fe, NM cheap apartment size is 746 sq. ft.

What are the advantages of renting a cheap apartment in Santa Fe, NM?

Cheap apartments in Santa Fe, NM are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Santa Fe, NM?

A cheap apartment in Santa Fe, NM offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Santa Fe, NM? With RentCafe, finding an affordable apartment in Santa Fe, NM has never been easier. We feature 21 low-priced rentals directly from property managers, with rents lower than the Santa Fe, NM average. What is a cheap rent in Santa Fe, NM? The average apartment rent in Santa Fe is $1,800 per month so any rental south of $1,440 would be considered cheap here. On RentCafe, Santa Fe, NM rents go as low as $1,389/mo.