Cheap Apartments for Rent in Santa Fe, NM from $900 (58 Rentals)

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Local 1896
$1,308 - $2,219
Total Monthly Price

Total Monthly Price

Base Rent
$1,308 - $2,219

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Local 1896

1896 Lorca DrSanta Fe, NM 87505
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Cresta Ranch
$1,443 - $2,227
Total Monthly Price

Total Monthly Price

Base Rent
$1,443 - $2,227

Total Monthly Price
$1,443 - $2,227
2 to 3 Bedroom Apartments Available Now

Cresta Ranch

48 Raptor RdSanta Fe, NM 87508
Eco-Friendly
  • Verified
  • Low Income
  • Smoke Free
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The Mica
$1,484 - $2,229
Total Monthly Price

Total Monthly Price

Base Rent
$1,484 - $2,229

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Mica

825 Calle MejiaSanta Fe, NM 87501
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Turquesa
Rent Specials
$1,594 - $2,718
Total Monthly Price

Total Monthly Price

Base Rent
$1,594 - $2,718

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Turquesa

4700 Wagon RdSanta Fe, NM 87507
Affordability
  • Verified
  • 3D Tour
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Solwyn
Rent Specials
$1,644 - $2,709
Total Monthly Price

Total Monthly Price

Base Rent
$1,644 - $2,709

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Solwyn

5520 Wellness WaySanta Fe, NM 87507
Affordability
  • Verified
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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South Meadows
Rent Specials
$1,646 - $2,642
Total Monthly Price

Total Monthly Price

Base Rent
$1,646 - $2,642

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

South Meadows

2800 S Meadows RdSanta Fe, NM 87507
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 941 Calle Mejia

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 2 Bath Condo for Rent

Available Aug 1

941 Calle Mejia, Unit 508

941 Calle Mejia
Santa FeNM87501
property at 2410 Camino Capitan

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

1 Bedroom, 1 Bath Townhome for Rent

Available Oct 1

2410 Camino Capitan

Santa FeNM87505
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Madera Apartments
$1,835 - $2,619
Total Monthly Price

Total Monthly Price

Base Rent
$1,835 - $2,619

Total Monthly Price
$1,835 - $2,619
1 to 3 Bedroom Apartments Available Now

Madera Apartments

2525 S Meadows RdSanta Fe, NM 87507
Outdoors
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  • Customer Reviewed
  • 3D Tour

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Arcadia
Rent Specials
$1,854 - $2,962
Total Monthly Price

Total Monthly Price

Base Rent
$1,854 - $2,962

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Arcadia

5300 Las Soleras DrSanta Fe, NM 87507
Student Living
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  • Customer Reviewed
  • 3D Tour
property at 10C Rattlesnake Rd

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

10C Rattlesnake Rd

Santa FeNM87508
property at 1215 Gallegos Ln

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Home for Rent

Available Now

1215 Gallegos Ln

Santa FeNM87505
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Paseo del Sol
2 to 3 Bedroom Apartments

Paseo del Sol

4551 Paseo Del SolSanta Fe, NM 87507
  • Utilities Included
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San Mateo de Santa Fe
1 to 3 Bedroom Apartments

San Mateo de Santa Fe

601 W San Mateo RdSanta Fe, NM 87505
  • Utilities Included
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Las Palomas
Studio to 2 Bedroom Apartments

Las Palomas

2000-2001 Hopewell StSanta Fe, NM 87505
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Casa Loma Apartments
Studio to 3 Bedroom Apartments

Casa Loma Apartments

100 Rio Vista PlSanta Fe, NM 87501
Corporate Housing
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Vista Linda
1 to 4 Bedroom Apartments

Vista Linda

6332 Entrada de MilagroSanta Fe, NM 87507
Senior Living
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Fiesta
1 to 5 Bedroom Apartments

Fiesta

121 Fiesta StSanta Fe, NM 87501
  • Smoke Free
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Olympus Rodeo
1 to 3 Bedroom Apartments

Olympus Rodeo

1475 Rodeo RdSanta Fe, NM 87505
property at 142 Duran St

$1,650 - $2,400

1 Bedroom Rentals

Available Now

142 Duran St

Santa FeNM87501
property at 941 Calle Mejia

$1,400 - $1,750

2 Bedroom Rentals

Available Now

941 Calle Mejia

Santa FeNM87501

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Santa Fe, NM Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Santa Fe, NM

Pricing Updated: 07/28/2026

Current apartment rentals in the Santa Fe, NM area range in price from $925 to $3,624 with an overall median price of $2,368. The three Santa Fe neighborhoods with the lowest median rent pricing are Pueblos Del Rodeo Road at $925, Historic Santa Fe at $1,249, and Arroyo Chamiso at $955. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Santa Fe Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Pueblos Del Rodeo Road$1,837$925206
Historic Santa Fe$1,920$1,24925
Arroyo Chamiso$2,152$95559
Hopewell$2,152$92588
San Mateo$2,152$95559
Viento Del Norte$2,207$1,4847
Barrio La Canada$2,362$1,24929
Vista Encantada$2,362$1,24928
Don Digeo$2,375$1,24934
Downtown Santa Fe$2,400$1,7003

Cheapest Available Santa Fe Apartments for Rent

 

The cheapest available apartment rental in Santa Fe, NM is a Studio unit found at Casitas Del Bella in the Pueblos Del Sol neighborhood priced from $925. Santa Fe Suites in the Pueblos Del Sol neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $955. Here is today’s list of the most affordable Santa Fe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Casitas Del BellaEfficiency w/ stove topStudio,1BA$925
Santa Fe SuitesStudioStudio,1BA$955
Elevate at OsloStudio - 325Studio,1BA$1,095
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,099
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Artista1x11BR,1BA$1,299
Talavera Apartment HomesSequoia1BR,1BA$1,349
Evergreen Apartments1x1-B1BR,1BA$1,369
Dakota CanyonLa Casa A1BR,1BA$1,375
Rancho Carrera ApartmentsOne Bedroom1BR,1BA$1,399

Best Value Apartments for Rent in Santa Fe, NM

As of July 28, 2026 the best value apartment in the Santa Fe area is the $1.98 price per square foot San Juan Model at South Meadows in the in the Pueblos Del Sol neighborhood starting from $2,642. The second greatest value Santa Fe apartment is the 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $2,464 with a $1.87 price per square foot in the Tiempo Lindo neighborhood. Here is today’s list of the best values for Santa Fe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South MeadowsSan Juan3BR,2BA$1.98
The Bluffs at Tierra Contenta4 Bedroom 2 Bathroom4BR,2BA$1.87
Presidium Casa SienaB22BR,2BA$2.13
Don Diego2/22BR,2BA$1.90
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1.92
Cresta RanchTwo Bedroom - 60% AMI2BR,2BA$1.52
The MicaThe Pinon2BR,1BA$2.19
VizcayaMadrid1BR,1BA$2.14
Evergreen Apartments1x1-B1BR,1BA$2.03
Artista1x11BR,1BA$2.17

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Santa Fe Overview

The state capitol of New Mexico and the fourth largest city in the state, Santa Fe apartments are a great way to get to know this dynamic metropolis. Combining artistic architectural flair and the serene natural desert beauty the area is known for, Santa Fe is a fantastic place to call home.

Why live in Santa Fe, NM?

From the comfortable year-round climate to the architectural flair for which the city is known, Santa Fe apartments make a great place to call home for working young professionals and families on the go as well. Artists flock to the region for the eternal muse of the sunset over the mountains, and the downtown scene is dotted by funky boutiques, independent eateries and an abundance of art galleries.

Santa Fe, NM
Population: 84,612

Ranked #403

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Santa Fe Apartments

What is a cheap apartment in Santa Fe?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Santa Fe is under $1,399.

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

The cheapest apartment in Santa Fe is Vista Alegre Apartments which is listed at $1,249, while the average apartment in Santa Fe costs $2,368.

What types of apartments are the cheapest in Santa Fe?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 378 regular apartments in Santa Fe that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Santa Fe?

Cheap apartments in Santa Fe have an average cost of $482 which is $1,886 cheaper than the average rent for all rentals in Santa Fe.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.