
Cheap Low Income Apartments for Rent in Santa Fe, NM from $800 (1 Rental)
Search the lowest-cost Apartments available for rent right now in Santa Fe.

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 |
---|---|---|---|
Santa Fe Studio Apartments | $1,299 | $899 | $2,010 |
Santa Fe 1 Bedroom Apartments | $1,796 | $1,005 | $3,165 |
Santa Fe 2 Bedroom Apartments | $2,143 | $1,378 | $4,990 |
Santa Fe 3 Bedroom Apartments | $2,430 | $1,794 | $3,790 |
Santa Fe 4 Bedroom Apartments | $2,365 | $2,325 | $2,525 |
Explore Santa Fe
Santa Fe, NM Local Guide
- Santa Fe Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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.
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 $1,596.
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 $2,347.
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 $125 which is $2,222 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 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.

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.