
Cheap Apartments for Rent in Santa Fe, NM from $800 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Santa Fe.


Sierra Blanca Senior Living
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.

Evergreen Apartments

Vista Alegre Apartments

Elevate at Oslo

Casa Loma Apartments

San Miguel Court
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.
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 | $1,246 | $899 | $1,835 |
Cheap Santa Fe 1 Bedroom Apartments | $1,738 | $1,025 | $2,800 |
Cheap Santa Fe 2 Bedroom Apartments | $2,044 | $1,378 | $3,586 |
Cheap Santa Fe 3 Bedroom Apartments | $2,360 | $1,759 | $2,928 |
Cheap Santa Fe 4 Bedroom Apartments | $2,268 | $2,200 | $2,400 |
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Santa Fe, NM Local Guide

- Santa Fe Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Santa Fe, NM
Pricing Updated: 09/14/2025Current apartment rentals in the Santa Fe, NM area range in price from $899 to $3,405 with an overall median price of $2,340. The three Santa Fe neighborhoods with the lowest median rent pricing are Viento Del Norte at $1,250, Arroyo Chamiso at $899, and Barrio La Canada at $1,149. 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 | $2,169 | $1,250 | 14 |
Arroyo Chamiso | $2,175 | $899 | 68 |
Barrio La Canada | $2,175 | $1,149 | 36 |
Don Digeo | $2,175 | $1,149 | 38 |
Downtown Santa Fe | $2,175 | $1,149 | 34 |
Historic Santa Fe | $2,175 | $1,149 | 35 |
Hopewell | $2,175 | $899 | 68 |
San Mateo | $2,175 | $899 | 52 |
Vista Encantada | $2,175 | $1,149 | 35 |
Las Estancias | $2,187 | $899 | 85 |
Cheapest Available Santa Fe Apartments for Rent
 The cheapest available apartment rental in Santa Fe, NM is a Studio unit found at Sierra Blanca Senior Living in the Pueblos Del Sol neighborhood priced from $1,100. Evergreen Apartments in the Pueblos Del Sol neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,149. Here is today’s list of the most affordable Santa Fe apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
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 | $1,199 |
Best Value Apartments for Rent in Santa Fe, NM
As of September 14, 2025 the best value apartment in the Santa Fe area is the $1.67 price per square foot 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,200. The second greatest value Santa Fe apartment is the 2 Bedrooms Model at Shoofly Station Apartments starting at $2,250 with a $2.18 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 | $1.67 |
Shoofly Station Apartments | 2 Bedrooms | 2BR,2BA | $2.18 |
The Mica | The Sagebrush | 2BR,2BA | $1.76 |
Vista Linda | 2 Bedroom | 1 Bath | 2BR,1BA | $1.94 |
Casa Loma Apartments | 1x1 | 1BR,1BA | $2.12 |
Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $1.98 |
San Miguel Court | 2x1 | 2BR,1BA | $2.13 |
Talavera Apartment Homes | Pinon | 2BR,1BA | $2.00 |
South Meadows | Rio Chama | 1BR,1BA | $2.23 |
Evergreen Apartments | 1x1-B | 1BR,1BA | $1.70 |
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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)
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 $1,525.
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 $2,340.
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 $128 which is $2,212 cheaper than the average rent for all rentals in Santa Fe.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.