
Cheap Apartments for Rent in Santa Fe, NM from $900 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Santa Fe.


Vista Alegre Apartments
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.

Sierra Blanca Apartments

Elevate at Oslo

Casa Loma Apartments

San Miguel Court
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.

Vizcaya

Soleras Station

Vista Linda
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,398 | $950 | $2,500 |
Cheap Santa Fe 1 Bedroom Apartments | $1,860 | $1,117 | $3,075 |
Cheap Santa Fe 2 Bedroom Apartments | $2,173 | $1,590 | $4,021 |
Cheap Santa Fe 3 Bedroom Apartments | $2,522 | $1,900 | $4,560 |
Cheap Santa Fe 4 Bedroom Apartments | $2,660 | $2,300 | $3,500 |
Browse Top Apartments in Santa Fe
See all Apartments in Santa FeExplore Santa Fe
Santa Fe, NM Local Guide

- Santa Fe Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Santa Fe, NM
Pricing Updated: 06/13/2025Current apartment rentals in the Santa Fe, NM area range in price from $950 to $4,560 with an overall median price of $2,399. The three Santa Fe neighborhoods with the lowest median rent pricing are Viento Del Norte at $1,250, Arroyo Chamiso at $950, and Barrio La Canada at $950. 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 |
---|---|---|---|
Viento Del Norte | $2,100 | $1,250 | 19 |
Arroyo Chamiso | $2,175 | $950 | 71 |
Barrio La Canada | $2,175 | $950 | 74 |
Don Digeo | $2,175 | $950 | 71 |
Historic Santa Fe | $2,175 | $950 | 63 |
Hopewell | $2,175 | $950 | 75 |
San Mateo | $2,175 | $950 | 70 |
Vista Encantada | $2,175 | $1,199 | 38 |
Downtown Santa Fe | $2,200 | $1,600 | 4 |
Southwest Santa Fe | $2,515 | $950 | 303 |
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 Arroyo Chamiso neighborhood priced from $950. Vista Alegre Apartments in the Pueblos Del Sol neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,042. 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 | $950 |
Vista Alegre Apartments | Studio, 1 Bath | Studio,1BA | $1,042 |
Sierra Blanca Apartments | Studio | Studio,1BA | $1,100 |
Elevate at Oslo | Studio - 325 | Studio,1BA | $1,199 |
Dakota Canyon | La Casita | Studio,1BA | $1,355 |
Best Value Apartments for Rent in Santa Fe, NM
As of June 14, 2025 the best value apartment in the Santa Fe area is the $1.75 price per square foot 4 Bedroom 2 Bath Townhome Model at Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,300. The second greatest value Santa Fe apartment is the 3x2ArT1-T - 3X2 Renovated Model at Local 1896 starting at $2,522 with a $1.94 price per square foot in the Pueblos Del Sol 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. |
---|---|---|---|
Bluffs at Tierra Contenta | 4 Bedroom 2 Bath Townhome | 4BR,2BA | $1.75 |
Local 1896 | 3x2ArT1-T - 3X2 Renovated | 3BR,2BA | $1.94 |
4300 Calle Andrew, Unit C | 4300 Calle Andrew | 2BR,1.5BA | $1.75 |
409 La Joya Rd, Unit C | 409 La Joya Rd | Studio ,1BA | $1.55 |
San Miguel Court | 3x2 | 3BR,2BA | $2.21 |
The Mica | The Pines | 1BR,1BA | $2.06 |
Casa Loma Apartments | 1x1 | 1BR,1BA | $2.12 |
Talavera Apartment Homes | Pinon | 2BR,1BA | $2.21 |
Vista Linda | 1 Bedroom | 1 Bath | 1BR,1BA | $2.14 |
Vista Alegre Apartments | 1 Bed, 1 Bath | 1BR,1BA | $2.15 |
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.
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.
Best Local Schools in Santa Fe, NM
Mandela International Magnet (MIMS)
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
Getting Around Santa Fe, NM
Walk Score®
52 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
52 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Santa Fe Apartments
What is the Cheapest Studio apartment in Santa Fe?
Currently the most affordable Cheap Studio Apartment in Santa Fe is at Santa Fe Suites listed at $950.
How much is rent for a Cheap One Bedroom Santa Fe Apartment?
The lowest price for a Cheap One Bedroom Santa Fe Apartment is $1,117 at Vista Alegre Apartments.
What is the lowest price for a Cheap Two Bedroom Santa Fe Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Santa Fe is starting from $1,590 at Vizcaya.
What is the most affordable Santa Fe Three Bedroom Apartment?
The best deal on a cheap Santa Fe Three Bedroom Apartment rental is at Bluffs at Tierra Contenta and starts from $1,900.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.