714 Baca St
Santa FeNM87505
Cheap Apartments for Rent in Santa Fe, NM from $800 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Santa Fe.
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$899 - $1,068Studio to 1 Bedroom Apartments Available Now
Santa Fe Suites
3007 S Saint Francis DrSanta Fe, NM 87505
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$1,100 - $1,395Studio to 2 Bedroom Apartments Available Now
Sierra Blanca Senior Living
2961 Galisteo RdSanta Fe, NM 87505
313 Tesuque Dr
Santa FeNM87505
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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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$1,182 - $3,121Studio 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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$1,239 - $1,8831 to 3 Bedroom Apartments Available Now
Talavera Apartment Homes
4129 S Meadows RdSanta Fe, NM 87507
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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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$1,265 - $1,325Studio Apartments Available Now
Elevate at Oslo
3470 Cerrillos RdSanta Fe, NM 87507
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$1,269 - $1,8241 to 2 Bedroom Apartments Available Now
Rancho Carrera Apartments
4000 La Carrera LnSanta Fe, NM 87507
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$1,299 - $1,895Studio to 2 Bedroom Apartments Available Now
Dakota Canyon
501 W Zia RdSanta Fe, NM 87505
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$1,345 - $4,0201 to 3 Bedroom Apartments Available Now
Vizcaya
2500 Sawmill RdSanta Fe, NM 87505
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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$1,375 - $2,1751 to 3 Bedroom Apartments Available Now
Artista
2029 Calle LorcaSanta Fe, NM 87505
452 Acequia Madre
Santa FeNM87505
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941 Calle Mejia
Santa FeNM87501
Cash 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.
Showing Results 1-18, Page 1 of 1
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 | $1,362 | $875 | $1,972 |
| Cheap Santa Fe 1 Bedroom Apartments | $1,687 | $1,149 | $2,217 |
| Cheap Santa Fe 2 Bedroom Apartments | $1,993 | $1,378 | $3,121 |
| Cheap Santa Fe 3 Bedroom Apartments | $2,352 | $1,599 | $3,200 |
| Cheap Santa Fe 4 Bedroom Apartments | $2,277 | $2,085 | $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: 12/17/2025Current apartment rentals in the Santa Fe, NM area range in price from $875 to $3,200 with an overall median price of $2,330. The three Santa Fe neighborhoods with the lowest median rent pricing are Hopewell at $875, San Mateo at $875, and Downtown Santa Fe at $1,400. 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 |
|---|---|---|---|
| Hopewell | $1,999 | $875 | 82 |
| San Mateo | $1,999 | $875 | 68 |
| Downtown Santa Fe | $2,000 | $1,400 | 3 |
| Arroyo Chamiso | $2,087 | $875 | 83 |
| Barrio La Canada | $2,087 | $875 | 54 |
| Don Digeo | $2,087 | $875 | 59 |
| Historic Santa Fe | $2,087 | $875 | 50 |
| Plaza De Castillo | $2,187 | $899 | 99 |
| Las Estancias | $2,200 | $899 | 109 |
| Southwest Santa Fe | $2,285 | $875 | 323 |
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. Sierra Blanca Senior Living in the Pueblos Del Sol neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. 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 |
| 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 | $1,182 |
| Talavera Apartment Homes | Sequoia | 1BR,1BA | $1,239 |
Best Value Apartments for Rent in Santa Fe, NM
As of December 17, 2025 the best value apartment in the Santa Fe area is the $1.58 price per square foot 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,085. The second greatest value Santa Fe apartment is the Two Bedroom Model at Soleras Station starting at $1,850 with a $2.00 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. |
|---|---|---|---|
| The Bluffs at Tierra Contenta | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.58 |
| Soleras Station | Two Bedroom | 2BR,1BA | $2.00 |
| The Mica | The Pines | 1BR,1BA | $1.95 |
| Cielo Luxury Living Apartments | One Bedroom | 1BR,1BA | $2.04 |
| Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $1.89 |
| Olympus Rodeo | A1 | 1BR,1BA | $2.14 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1.70 |
| Vizcaya | Chama | 1BR,1BA | $2.07 |
| Rancho Carrera Apartments | One Bedroom | 1BR,1BA | $2.01 |
| Talavera Apartment Homes | Sequoia | 1BR,1BA | $2.07 |
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.
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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.
Best Local Schools in Santa Fe, NM
Mandela International Magnet (MIMS)
Santa Fe Public Schools
Public School - Grades 7-12 (293)
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
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 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 $1,345.
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 $2,330.
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 52 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 $150 which is $2,180 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
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.