Santa Fe, NM Rental Market Trends

Highlights

The average rent for an apartment in Santa Fe is $1,147, a 10% increase compared to the previous year, when the average rent was $1,043.

Average Rent in Santa Fe, NM

Last updated Feb 2019

Average Rent	Y-o-Y Change	Average Apartment Size
$1,147	10%	944 sq. ft.

The average size for a Santa Fe, NM apartment is 944 square feet, but this number varies greatly depending on apartment type. 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

$501-$7005%
$701-$1,00026%
$1,001-$1,50058%
$1,501-$2,0009%
> $2,0002%

Santa Fe, NM Rent Trends

Average Rent	Jan / 2016	May / 2016	Sept / 2016	Jan / 2017	May / 2017	Sept / 2017	Jan / 2018	May / 2018	Feb / 2019
Santa Fe, NM	$960	$983	$1,019	$1,014	$1,000	$1,043	$1,049	$1,048	$1,147
National	$1,290	$1,319	$1,334	$1,329	$1,354	$1,366	$1,366	$1,381	$1,396

Average Rent in Santa Fe, NM By Neighborhood

Average Rent
Neighborhood	Average Rent
Whispering Ridge	$1,084
West Meadow	$1,084
Vistas Bonitas	$1,084
Vista Verde	$1,084
Vista Primera	$1,084
Vista del Prado	$1,084
Villa Sonata	$1,084
Villa de Paz	$1,084
Vegas Verdes	$1,084
Town and Country	$1,084
Tierra Real	$1,084
Tierra Madre	$1,084
Tierra Grande	$1,084
Tierra del Oriente	$1,084
Tierra Contenta	$1,084
Tessera	$1,084
Solecito	$1,084
Silverado	$1,084
Santo Nino de Felipe	$1,084
Santa Fe Airport	$1,084
San Isidro Village	$1,084
Rufina Meadows	$1,084
Roadrunner West	$1,084
Rincon del Sol	$1,084
Remuda Ridge	$1,084
Rancho del Sol	$1,084
Rancho de la Luna	$1,084
Puesta del Sol	$1,084
Pueblos del Sol	$1,084
Pueblos de Rodeo Rd	$1,084
Pinon Hills	$1,084
Park Plaza	$1,084
Nueva Vista	$1,084
Nava Ade	$1,084
Monte Sol	$1,084
Los Portales	$1,084
Los Milagros	$1,084
Las Quintas	$1,084
Las Lomas	$1,084
Las Americas	$1,084
Las Acequias	$1,084
La Resolana	$1,084
La Cieneguita	$1,084
La Arboleda	$1,084
Kachina Ridge	$1,084
Jaguar Village	$1,084
Highlands West	$1,084
Highlands East	$1,084
Governor Miles	$1,084
Fairway Village	$1,084
Evergreen	$1,084
El Trebol	$1,084
El Nido	$1,084
Country Club Estates	$1,084
Colores del Sol	$1,084
Colonia Vistoso	$1,084
Colonia Prisma	$1,084
Chamisa Estates	$1,084
Cerro del Sol	$1,084
Cedar South	$1,084
Arroyo Sombra	$1,084
Alta Vista Estates	$1,084
Aldea de Santa Fe	$1,084
Acres Estates	$1,084
Vista del Sol	$1,086
Santa Fe University	$1,086
Los Cedros	$1,086
La Villa Serena	$1,086
Carlos Rey	$1,086
Zia	$1,087
Wilderness Gate	$1,087
Vista de Piedras	$1,087
Village	$1,087
Villa San Miguel	$1,087
Villa San Francisco	$1,087
Villa Caballero	$1,087
Thomas Heights	$1,087
Sun Mountain Estates	$1,087
South Ridge	$1,087
Sol Y Lomas	$1,087
San Acacio	$1,087
Ridgeview	$1,087
Quail Run	$1,087
Pueblo Alegre	$1,087
Plazas at Pecos Trail	$1,087
Plaza del Sur	$1,087
Plaza Bonita	$1,087
Perez	$1,087
Pacheco	$1,087
Overlook	$1,087
Old Santa Fe Trail	$1,087
Old Pecos Trail	$1,087
Museum Hill Estates	$1,087
Moon Mountain Estates	$1,087
Monte de las Piedras Rosas	$1,087
Montano	$1,087
Miracerros	$1,087
Medrano Estates	$1,087
Mateo Heights	$1,087
Lovato Grant	$1,087
Los Senderos	$1,087
Los Chamisos	$1,087
Los Cerros Negros	$1,087
Los Cerros	$1,087
Las Ventanas	$1,087
Las Estancias	$1,087
La Paz	$1,087
La Canada	$1,087
Juanita Ortiz Delgado	$1,087
Indian School	$1,087
Hondo Hills	$1,087
Foothills	$1,087
Don Gaspar	$1,087
Don Diego	$1,087
Domingo	$1,087
De Vargas Heights	$1,087
Cienegita	$1,087
Cielo Vista	$1,087
Chamiso Heights	$1,087
Chamiso	$1,087
Casa Linda	$1,087
Casa del Cerro	$1,087
Casa Alegre	$1,087
Carlos Rey del Sur	$1,087
Candelero	$1,087
Campo Conejos	$1,087
Bishop Heights	$1,087
Arroyo Vigil	$1,087
Arroyo en Medio	$1,087
Arroyo Chamiso	$1,087
Alturas de Santa Fe	$1,087
100 Acres	$1,087
Stearns	$1,146
Ponderosa Ridge	$1,146
Los Miradores	$1,146
Historic	$1,146
Barrio la Canada	$1,146
Tierra de la Vida	$1,149
Los Suenos	$1,149
La Vida	$1,149
La Mirada	$1,149
Romero	$1,150
Rio Vista	$1,150
Wilson	$1,338
Vista Grande	$1,338
Vista Encantada	$1,338
Vista Atalaya	$1,338
Viento del Norte	$1,338
Valle Piedras	$1,338
Valle Lejano	$1,338
Valle del Sol	$1,338
Valle Conejo	$1,338
Thunderbird Hills	$1,338
The Shayakin	$1,338
The Reserve	$1,338
The Knolls	$1,338
The Hills at Las Estrellas	$1,338
Tano	$1,338
Solar Ridge	$1,338
Sierra Vista	$1,338
Sierra del Norte	$1,338
Santa Fe Summit	$1,338
Sandoval	$1,338
Rodriguez	$1,338
Ridge Point	$1,338
Pueblo del Rosario	$1,338
Pentastar Estates	$1,338
Pedregal	$1,338
Padres Peak	$1,338
Ocaso del Sol	$1,338
North Hill	$1,338
Near North	$1,338
Los Nidos	$1,338
Los Lobos	$1,338
Los Cerros Colorados	$1,338
Los Altos	$1,338
Loma Encantada	$1,338
Las Vistas	$1,338
Las Barrancas	$1,338
La Vereda	$1,338
La Madera	$1,338
La Loma Vienta	$1,338
La Cuma	$1,338
Kachina Hills	$1,338
Indian Rock	$1,338
Indian Ridge	$1,338
Hyde Park Estates	$1,338
Historic Guadalupe	$1,338
Hidden Valley	$1,338
Greater Callecita	$1,338
Estancia Primera	$1,338
Engel	$1,338
El Cerro Moreno	$1,338
El Canon	$1,338
Downtown Santa Fe	$1,338
Cumbre Vista	$1,338
Colonia Solana	$1,338
Cima Norte	$1,338
Cerros Altos	$1,338
Cerro de Piedra	$1,338
Catron	$1,338
Catalina	$1,338
Casa Solana	$1,338
Cartwright	$1,338
Canyon	$1,338
Cantera	$1,338
Canada Ancha	$1,338
Brownell - Howland	$1,338
Aspen	$1,338
Amber Hills	$1,338
Altamira Estancia	$1,338
Alameda Park	$1,338
Acoma	$1,338
800 East	$1,338
1200 East	$1,338
Zocalo	$1,474
Tesuque Hills	$1,474
Santa Fe Estates	$1,474
Vallecito de la Tierra	$2,364
Tierra de Oro	$2,364
Tano Ridge	$2,364
Sonrisa	$2,364
Sangre de Cristo Estates	$2,364
Salva Tierra	$2,364
Ridge Canyon	$2,364
Pinon Ridge	$2,364
Pinon Bluffs	$2,364
Monte Sereno	$2,364
Los Santeros Villas	$2,364
Las Dos	$2,364
Las Campanas	$2,364
La Tierra	$2,364
La Serena	$2,364
La Mariposa	$2,364
El Prado	$2,364
Cielo Azul	$2,364

The most affordable neighborhoods in Santa Fe are Acres Estates, where the average rent goes for $1,084/month, Aldea de Santa Fe, where renters pay $1,084/mo on average, and Alta Vista Estates, where the average rent goes for $1,084/mo. If you’re looking for other great deals, check out the listings from Arroyo Sombra ($1,084), Cedar South ($1,084), and Cerro del Sol ($1,084), where the asking prices are below the average Santa Fe rent of $1,147/mo.

The most expensive neighborhoods in Santa Fe are Tano Ridge ($2,364), Tierra de Oro ($2,364) and Vallecito de la Tierra ($2,364).

Santa Fe | Rent Comparison by Neighborhood

Rent in 100 Acres is 19% lower than in 1200 East

$1,087

100 Acres rent is 5% lower than Santa Fe average

Average Rent	$1,087

$1,338

1200 East rent is 17% higher than Santa Fe average

Average Rent	$1,338

How Does Santa Fe Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Santa Fe	$1,147	10%
Agua Fria	$1,084	10%
Canada de los Alamos	$1,087	10%
Chupadero	$2,364	14%
Cuyamungue	$2,364	14%

For more information about the Santa Fe rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Santa Fe apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.