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$950 - $1,050Studio 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 $900 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Santa Fe.
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$1,100 - $1,700Studio to 2 Bedroom Apartments Available Now
Sierra Blanca Senior Living
2961 Galisteo RdSanta Fe, NM 87505
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$1,155 - $1,325Studio Apartments Available Now
Elevate at Oslo
3470 Cerrillos 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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$1,199 - $3,051Studio to 2 Bedroom Apartments Available Now
Vista Alegre Apartments
1469 Zepol RdSanta Fe, NM 87507
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$1,225 - $2,1751 to 3 Bedroom Apartments Available Now
San Miguel Court
2029 Calle LorcaSanta Fe, NM 87505
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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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$1,3001 Bedroom Apartment Available Aug 1
150 1/2 Candelario St, Unit B
150 1/2 Candelario StSanta Fe, NM 87501
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$1,399 - $2,2911 to 3 Bedroom Apartments Available Now
Talavera Apartment Homes
4129 S Meadows RdSanta Fe, NM 87507
714 Baca St
Santa FeNM87505
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$1,425 - $1,953Studio to 2 Bedroom Apartments Available Now
Dakota Canyon
501 W Zia RdSanta Fe, NM 87505
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$1,445 - $5,0501 to 3 Bedroom Apartments Available Now
Vizcaya
2500 Sawmill 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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$1,449 - $2,0561 to 3 Bedroom Apartments Contact Us For Availability
Soleras Station
4804 Rail Runner RdSanta Fe, NM 87507
19 Via Plaza Nueva
Santa FeNM87507
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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.
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2501 W Zia Rd
Santa FeNM87505
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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 | $1,338 | $950 | $1,900 |
| Cheap Santa Fe 1 Bedroom Apartments | $1,868 | $1,225 | $3,155 |
| Cheap Santa Fe 2 Bedroom Apartments | $2,243 | $1,400 | $5,050 |
| Cheap Santa Fe 3 Bedroom Apartments | $2,537 | $1,775 | $4,275 |
| Cheap Santa Fe 4 Bedroom Apartments | $2,800 | $2,620 | $3,500 |
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: 07/29/2025Current apartment rentals in the Santa Fe, NM area range in price from $950 to $5,050 with an overall median price of $2,385. The three Santa Fe neighborhoods with the lowest median rent pricing are Barrio La Canada at $1,225, Don Digeo at $1,225, and Downtown Santa Fe at $1,225. 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 |
|---|---|---|---|
| Barrio La Canada | $2,175 | $1,225 | 30 |
| Don Digeo | $2,175 | $1,225 | 31 |
| Downtown Santa Fe | $2,175 | $1,225 | 29 |
| Historic Santa Fe | $2,175 | $1,225 | 30 |
| Vista Encantada | $2,175 | $1,225 | 29 |
| Arroyo Chamiso | $2,190 | $950 | 51 |
| Hopewell | $2,190 | $950 | 51 |
| San Mateo | $2,205 | $950 | 45 |
| Viento Del Norte | $2,250 | $1,250 | 18 |
| Las Estancias | $2,260 | $950 | 68 |
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 $950. 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 | $950 |
| Sierra Blanca Senior Living | Studio | Studio,1BA | $1,100 |
| Elevate at Oslo | Studio - 325 | Studio,1BA | $1,155 |
| Vista Alegre Apartments | Studio, 1 Bath | Studio,1BA | $1,199 |
| Casa Loma Apartments | Studio | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Santa Fe, NM
As of July 29, 2025 the best value apartment in the Santa Fe area is the $1.32 price per square foot 121 Fiesta St Model at 121 Fiesta St, Unit House in the in the Don Digeo neighborhood starting from $2,900. The second greatest value Santa Fe apartment is the 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $2,620 with a $1.99 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. |
|---|---|---|---|
| 121 Fiesta St, Unit House | 121 Fiesta St | 3BR,3BA | $1.32 |
| The Bluffs at Tierra Contenta | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.99 |
| Cielo Luxury Living Apartments | Three Bedroom | 3BR,2BA | $2.19 |
| The Mica | The Sagebrush | 2BR,2BA | $1.71 |
| 4300 Calle Andrew, Unit C | 4300 Calle Andrew | 2BR,1.5BA | $1.75 |
| Acequia Lofts | B1M-ADA | 2BR,1BA | $2.22 |
| Vista Linda | 2 Bedroom | 1 Bath | 2BR,1BA | $1.95 |
| Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $2.06 |
| San Miguel Court | 2x1 | 2BR,1BA | $2.13 |
| Talavera Apartment Homes | Pinon | 2BR,1BA | $2.17 |
Quick Rent Budget Calculator
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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)
9 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 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 $1,274 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 $1,469 at Vista Alegre Apartments.
What is the most affordable Santa Fe Three Bedroom Apartment?
The best deal on a cheap Santa Fe Three Bedroom Apartment rental is at San Miguel Court and starts from $1,775.
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.