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$899 - $1,018Studio to 1 Bedroom Apartments Available Now
Santa Fe Suites
3007 S Saint Francis DrSanta Fe, NM 87505
Cheap Apartments for Rent in Santa Fe, NM from $800 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Santa Fe.
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$925 - $1,025Studio Apartments Available Now
Casitas Del Bella
3357 Cerrillos RdSanta Fe, NM 87507
941 Rio Vista St
Santa FeNM87501
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$1,149 - $1,3781 to 2 Bedroom Apartments Available Now
Evergreen Apartments
2020 Calle LorcaSanta Fe, NM 87505
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$1,153 - $2,935Studio to 2 Bedroom Apartments Available Now
Vista Alegre Apartments
1469 Zepol RdSanta Fe, NM 87507
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.
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$1,250 - $2,800Studio to 3 Bedroom Apartments Available Now
Casa Loma Apartments
100 Rio Vista PlSanta Fe, NM 87501
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$1,275Studio Apartments Available Now
Elevate at Oslo
3470 Cerrillos RdSanta Fe, NM 87507
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$1,299 - $1,7991 to 2 Bedroom Apartments Available Now
Dakota Canyon
501 W Zia RdSanta Fe, NM 87505
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$1,299 - $1,7991 to 3 Bedroom Apartments Available Now
Artista
2029 Calle LorcaSanta Fe, NM 87505
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$1,325 - $2,4271 to 3 Bedroom Apartments Available Now
Talavera Apartment Homes
4129 S Meadows RdSanta Fe, NM 87507
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$1,355 - $5,4351 to 3 Bedroom Apartments Available Now
Vizcaya
2500 Sawmill RdSanta Fe, NM 87505
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Studio to 2 Bedroom Apartments
Las Palomas
2000-2001 Hopewell StSanta Fe, NM 87505
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2 to 3 Bedroom Apartments
Paseo del Sol
4551 Paseo Del SolSanta Fe, NM 87507
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1 to 3 Bedroom Apartments
San Mateo de Santa Fe
601 W San Mateo RdSanta Fe, NM 87505
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Studio to 2 Bedroom Apartments
Sierra Blanca Senior Living
2961 Galisteo RdSanta Fe, NM 87505
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Santa Fe, NM Local Guide
How much does it cost to rent an apartment in Santa Fe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Santa Fe Studio Apartments | $1,172 | $899 | $3,455 |
| Cheap Santa Fe 1 Bedroom Apartments | $1,730 | $1,100 | $3,700 |
| Cheap Santa Fe 2 Bedroom Apartments | $2,008 | $1,299 | $6,263 |
| Cheap Santa Fe 3 Bedroom Apartments | $2,382 | $1,699 | $4,350 |
| Cheap Santa Fe 4 Bedroom Apartments | $2,337 | $2,229 | $2,455 |
Browse Top Apartments in Santa Fe
See all Apartments in Santa FeExplore Santa Fe
Santa Fe, NM Local Guide
Written By:
Justin HabersaatEditing Staff
- Santa Fe Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Santa Fe, NM
Pricing Updated: 03/14/2026Current apartment rentals in the Santa Fe, NM area range in price from $899 to $6,234 with an overall median price of $4,211. The three Santa Fe neighborhoods with the lowest median rent pricing are Plaza De Castillo at $899, Las Estancias at $899, and Pinon Hills at $925. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Santa Fe Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Plaza De Castillo | $1,995 | $899 | 138 |
| Las Estancias | $2,045 | $899 | 146 |
| Pinon Hills | $2,347 | $925 | 248 |
| Tiempo Lindo | $2,347 | $925 | 248 |
| Tierra Madre | $2,347 | $925 | 248 |
| Southwest Santa Fe | $2,392 | $899 | 344 |
| Las Acequias | $2,511 | $925 | 255 |
| Pueblos Del Rodeo Road | $2,684 | $899 | 300 |
| Pueblos Del Sol | $2,684 | $899 | 292 |
| Arroyo Chamiso | $6,051 | $899 | 82 |
Cheapest Available Santa Fe Apartments for Rent
The cheapest available apartment rental in Santa Fe, NM is a Studio unit found at Santa Fe Suites in the Pueblos Del Sol neighborhood priced from $899. Casitas Del Bella in the Pueblos Del Sol neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here is today’s list of the most affordable Santa Fe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Santa Fe Suites | Studio | Studio,1BA | $899 |
| Casitas Del Bella | Efficiency Grey Walls | Studio,1BA | $925 |
| Sierra Blanca Senior Living | Studio | Studio,1BA | $1,100 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1,149 |
| Vista Alegre Apartments | Studio, 1 Bath | Studio,1BA | $1,153 |
Best Value Apartments for Rent in Santa Fe, NM
As of March 14, 2026 the best value apartment in the Santa Fe area is the $1.91 price per square foot 409 La Joya Rd Model at 409 La Joya Rd, Unit B in the in the Pueblos Del Sol neighborhood starting from $2,675. The second greatest value Santa Fe apartment is the 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $2,455 with a $1.86 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 409 La Joya Rd, Unit B | 409 La Joya Rd | 3BR,2BA | $1.91 |
| The Bluffs at Tierra Contenta | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.86 |
| 410 Bishops Lodge Rd, Unit #1 | 410 Bishops Lodge Rd | 2BR,1BA | $1.59 |
| Soleras Station | Two Bedroom | 2BR,1BA | $2.00 |
| Rancho Carrera Apartments | Two Bedroom | 2BR,2BA | $1.80 |
| The Mica | The Pinon | 2BR,1BA | $2.13 |
| Casa Loma Apartments | 1x1 | 1BR,1BA | $2.12 |
| Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $1.91 |
| Olympus Rodeo | A1 | 1BR,1BA | $2.12 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1.70 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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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, NMPopulation: 84,612
Ranked #403
in US Census Population by City
Best Local Schools in Santa Fe, NM
Mandela International Magnet (MIMS)
Santa Fe Public Schools
Public School - Grades 6-12 (0)
8 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Santa Fe, NM Rentals by Map
See the most popular apartments and homes in Santa Fe, NM
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 $1,355.
What is the price of a cheap apartment in Santa Fe?
The cheapest apartment in Santa Fe is Evergreen Apartments which is listed at $1,149, while the average apartment in Santa Fe costs $4,211.
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 382 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 $475 which is $3,736 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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.